Intel CEO Pat Gelsinger told Yahoo Finance Live he has over 100 companies in the pipeline that want the tech giant to produce the chips it designs. “The industry needs the supply. Intel is stepping into that with leading-edge technologies for a globally balanced supply chain. This is good for the United States and it’s good for the tech industry,” Gelsinger said. The chipmaker already has its first two customers in a budding foundry business, or the building of chips for others. Intel (INTC)… Source link
Read More »Companies desperate for workers are tipping their hands in job listings: Morning Brief
This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, July 22, 2021 Urgent listings are on the rise. Hiring can be a challenging process. Over the last several months, we’ve written about the abundance of open jobs in America, the impact retirements have had on the workforce, and the higher wages companies are offering to meet labor shortfalls. And a new report from job posting website… Source link
Read More »Top White House economist says companies need to ‘pay a fair wage’
Despite a labor shortage brought about largely by the COVID-19 pandemic, companies can find workers by offering “fair wages,” Brian Deese, the top economic adviser to President Joe Biden, told Yahoo Finance on Monday. Deese, the Director of the National Economic Council, pointed to coronavirus fears and child care obligations amid remote schooling as key reasons why unemployed Americans have stayed on the sidelines. However, employers can overcome these obstacles by providing fair… Source link
Read More »Google, Facebook and other tech companies threaten to quit Hong Kong over privacy law | Hong Kong
An Asian industry group that includes Google, Facebook and Twitter has warned that tech companies could stop offering their services in Hong Kong if the Chinese territory proceeds with plans to change privacy laws. The warning came in a letter sent by the Asia Internet Coalition, of which all three companies, in addition to Apple Inc, LinkedIn and others, are members. Proposed amendments to privacy laws in Hong Kong could see individuals hit with “severe sanctions”, said the 25 June letter… Source link
Read More »Major companies ask Colorado residents not to apply for remote positions
Major companies have said in recent job postings that Colorado residents are ineligible to apply for certain remote positions because a new state law requires businesses to disclose the expected salary or pay range for positions, according to the Wall Street Journal. Why it matters: The law, which went into effect in January, is meant to help close the gender wage gap and to promote wage transparency for employees, but companies have said Coloradans need not apply to avoid disclosing the… Source link
Read More »AMC Is Now Worth More Than Half the Companies in the S&P 500
(Bloomberg) — The moonshot surge in the shares of AMC Entertainment Holdings Inc. has vaulted it into the ranks of some of the world’s most valuable companies. The company has gone from a small cap to a large cap in the space of a few months. A 95% gain amid a retail-trading frenzy on Wednesday left the movie-theater chain with a market capitalization of $31.3 billion. That makes it more valuable than half of the companies in the S&P 500 Index. AMC is now worth more than Tyson Foods Inc…. Source link
Read More »10 Major Companies That Accept Bitcoin
filadendron / Getty Images Elon Musk made waves in February when he announced that Tesla was buying $1.5 billion worth of Bitcoin and accepting the world’s most popular cryptocurrency as payment for its vehicles — yet another first for Musk in the auto industry. The revolution was short-lived. Support Small: Don’t Miss Out on Nominating Your Favorite Small Business To Be Featured on GOBankingRates — Ends May 31 What is often left out of the discussion about Bitcoin is how terrible it is… Source link
Read More »Google makes a big security change, but other companies must follow
In a wonderful cybersecurity move that should be replicated by all vendors, Google is slowly moving to make multi-factor authentication (MFA) default. To confuse matters, Google isn’t calling MFA “MFA;’ instead it calls it “two-step verification (2SV).” The more interesting part is that Google is also pushing the use of FIDO-compliant software that is embedded within the phone. It even has an iOS version, so it can be in all Android as well as Apple phones. To be… Source link
Read More »Companies Complain to Senators About Apple’s and Google’s App Stores: Live Updates
Here’s what you need to know: An AirTag, which Apple introduced this week as an attachment that helps owners find lost items, and which Tile says is a copy of its trackers.Credit…Apple, via Reuters Tile said Apple boxed out its products and then copied them. Spotify said Apple blocked it from telling customers that they could find cheaper prices outside its iPhone app. And Match Group testified that it now paid nearly $500 million a year to Apple and Google in app store fees, the dating… Source link
Read More »Apple, Google and Coca-Cola among 300-plus companies pushing Biden for 50% emissions cut as soon as 2030
More than 300 businesses and investors, including tech giants and major utilities, are calling on the Biden administration to set an ambitious climate-change goal that would cut U.S. greenhouse gas emissions by at least 50% below 2005 levels by 2030. That target would nearly double the U.S.’s previous commitment on emissions reduction and the time horizon would require dramatic changes in the power and transportation sectors and elsewhere throughout the economy, analysts say. … Source link
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