On paper—and on pavement—Tesla seems like a strong contender to be the Yahoo Finance Company of the Year. The stock has soared by an unreal 573% this year. After 12 years of losses, the electric carmaker has now turned a profit five months in a row, earning inclusion in the S&P 500 index. Tesla (TSLA) has resolved manufacturing snags, too, and three years after it went on sale, the Model 3 sedan is the world’s best-selling electric vehicle by a comfortable margin. Yet we chose… Source link
Read More »Yahoo Finance 2020 Company of the Year: Zoom
Zoom (ZM) became a verb this year. Amid a global pandemic that shuttered huge swaths of the economy, drove millions out of work, and forced the term “social distancing” into the national lexicon, the video chat service turned into a lifeline for millions of people. Founded nine years ago, Zoom became a household name in 2020, as homebound consumers looked to the video chat service’s free 40-minute option to connect with friends and family. Like calling a web search Googling, video… Source link
Read More »Yahoo Finance 2020 Company of the Year: Zoom
The Guardian Out in the wild: how Ken Layne created an alternative to clickbait in the desert The Desert Oracle, the former Wonkette owner’s pocket-sized magazine, has proven a cult hit while refusing to establish an online presenceUFOs, doomed hikers, William Burroughs, singing sand dunes, Elvis, ghosts, roadrunners and rattlesnakes – the Desert Oracle packs a lot of weird, dark matter between its bright yellow covers.The pocket-sized magazine, which looks like a cross between a guide… Source link
Read More »Tom Brady’s company received $960K from PPP loan
The Tampa Bay Buccaneers quarterback Tom Brady found a way to pick up an extra $1 million in 2020. TB12 Inc., Brady’s company, received a Paycheck Protection Program (PPP) loan of nearly $1 million from the federal government. Data published by the Small Business Administration in December revealed TB12 Inc. received a loan of $960,855 in 2020. News Brady’s company received a PPP loan broke in July, but the exact amount the company received was not known until December. Prior to the Small… Source link
Read More »Arrival, the latest EV company set to enter the public markets
Bloomberg China to Take Oil-Refining Crown Held by U.S. Since 19th Century (Bloomberg) — Earlier this month, Royal Dutch Shell Plc pulled the plug on its Convent refinery in Louisiana. Unlike many oil refineries shut in recent years, Convent was far from obsolete: it’s fairly big by U.S. standards and sophisticated enough to turn a wide range of crude oils into high-value fuels. Yet Shell, the world’s third-biggest oil major, wanted to radically reduce refining capacity and couldn’t… Source link
Read More »Former Yahoo CEO Marissa Mayer’s new company launches Sunshine Contacts
Over the years, Mayer has been the subject of fascination. First, she was a rare female executive at the helm of a major tech company. Since then, people have been similarly interested in what would come after she departed Yahoo following its sale to Verizon in 2017. On Wednesday, Mayer announced that her secretive startup Lumi Labs — which she cofounded in 2018 with Enrique Muñoz Torres, who also worked at Yahoo and Google (GOOG) — has been rebranded as Sunshine and has its first product:… Source link
Read More »Yandex N.V- All About The Company And Its Market Status
UNITED STATES—The digital world is revolutionized by tech giants like Google, Amazon, Facebook, etc. You read and hear about them almost every day in the headlines of the news, on print and electronic media. Word Google has become another name for a search engine. But there is a lot more about the internet than Google, Facebook, and Amazon. No doubt, these American companies are being used by billions of people all around the world, but it does not mean that they are sufficing the… Source link
Read More »The German company behind the potential first COVID-19 vaccine
Globe Newswire Global Minimally Invasive Surgery Industry Global Minimally Invasive Surgery Market to Reach $90. 4 Billion by 2027. Amid the COVID-19 crisis, the global market for Minimally Invasive Surgery estimated at US$49 Billion in the year 2020, is projected to reach a revised size of US$90.New York, Nov. 10, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Minimally Invasive Surgery Industry” – https://www.reportlinker.com/p05961044/?utm_source=GNW… Source link
Read More »Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff (Reuters)
Reuters: Yandex and TCS Group Holding, the parent company of Russia’s top online bank Tinkoff, have terminated talks on Yandex’s proposed $5.48B deal to buy Tinkoff — MOSCOW (Reuters) – Plans for Russia’s biggest corporate deal of 2020 collapsed on Friday after talks over a $5.48 billion cash … Source link
Read More »Podcast: How Russia’s everything company works with the Kremlin
Russia’s biggest technology company enjoys a level of dominance that is unparalleled by any one of its Western counterparts. Think Google mixed with equal parts Amazon, Spotify and Uber and you’re getting close to the sprawling empire that is Yandex—a single, mega-corporation with its hands in everything from search to ecommerce to driverless cars. But being the crown jewel of Russia’s silicon valley has its drawbacks. The country’s government sees the internet as contested… Source link
Read More »