Tag Archives: Global

Tesla (TSLA) CEO Elon Musk denied reports Friday that he demanded to be Apple (AAPL) CEO during a 2016 phone call in which Apple’s Tim Cook discussed buying the electric vehicle maker. Musk also took a separate swipe at Apple’s App Store fee on Friday, tweeting that it’s a “global tax on the internet.” The tweets from Musk were apparently prompted by a new book from The Wall Street Journal’s Tim Higgins, called “Power Play: Tesla, Elon Musk and the Bet of the Century.” That… Source link

The global housing market has gotten too hot to be sustained, according to Oxford Economics‘ deep dive into more than 121 years of housing data. Home prices in advanced economies may be about 10% overvalued compared to the long-term, according to new research from Oxford Economics lead economist Adam Slater. This “boom,” Slater notes, is one of the biggest since 1900. The last boom period in 2006 saw home prices 13% to 15% overvalued, based on Oxford’s analysis. Students of market history… Source link

symbol indicating a place to charge an electric car with energy in Catalonia Spain According to a Bank of America Global Research (BAC) report, there is a looming threat of the global battery supply for electric vehicles (EVs) running dry by as early as 2025. “Our updated EV battery supply-demand model suggests the global EV battery supply will likely hit [a] ‘sold-out’ situation between 2025-26, with its global operating rates reaching above 85%,” the report reads. The report states… Source link

As the cameras panned in and out of commercial breaks during Game 3 of the NBA Finals on July 11, ESPN was still advertising something — just not a product. Instead, the cameras focused on a neighborhood filled with Milwaukee Bucks fans gathered for a watch party reminiscent of a European soccer crowd. “I think in our wildest dreams, we couldn’t imagine that we have more people outside than we’d have inside,” Bucks and Fiserv Forum President Peter Feigin told Yahoo Finance Live on… Source link

The Company’s Global Telesat Communications Unit Approved as an Alibaba Gold Supplier as it Expands Global Sales Activities AVENTURA, FL / ACCESSWIRE / July 13, 2021 / Orbsat Corp (NASDAQ:OSAT)(NASDAQ:OSATW) (“Orbsat” or “the Company”), a global provider of IoT and connectivity solutions through next-generation satellite technology, today announced that its Global Telesat Communications (GTC) unit has entered into an agreement with Alibaba.com, the B2B (Business-to-Business) e-commerce… Source link

Palantir recognized for its groundbreaking COVID-19-fighting work among AWS Global Public Sector partners DENVER, Jun 17, 2021–(BUSINESS WIRE)–Palantir Technologies Inc. (NYSE:PLTR) announced today that it was named as a 2021 Global AWS Partner Network (APN) Public Sector Partner Award winner for its Palantir platform in its work to combat COVID-19. The AWS Global Public Sector Partner Awards recognize leaders in the channel playing a key role helping customers drive innovation and build… Source link

Facebook VP, Global Business Group Carolyn Everson is departing the social media company after spending over a decade. She was responsible for growing the global advertising business. “After 10 1/2 years, I have left Facebook. I am extremely proud of what we set out to accomplish but way more proud of my team and the support we showed each other, especially in difficult times. I always said no one will ever mention at my funeral the amount of revenue I… Source link

Google is going after the health sector in a major way, but Google’s health vice president said he’s feeling more pressure to bringits health products to Google-sized scale than to bring immediate revenue to the company. David Feinberg, who joined Google in a newly-created role as VP of health two years ago, said several times Wednesday that he feels pressure to bring products to scale but that revenue isn’t a part of most of his discussions with Google higher-ups. “The real pressure is ‘is… Source link

(Bloomberg) — Google agreed to pay 220 million euros ($268 million) and change the way its business works across the world after settling a France probe that struck at the heart of its power over online advertising. France’s antitrust agency said Monday the U.S. tech giant used its dominance over ad sales and purchasing on its platforms to distort the market to its own advantage, hurting publishers such as News Corp. “Google took advantage of its vertical integration to skew the… Source link

(Bloomberg) — Global food prices extended their rally to the highest in almost a decade, heightening concerns over bulging grocery bills as economies struggle to exit the Covid-19 crisis. A United Nations gauge of world food costs climbed for a 12th straight month in May, its longest stretch in a decade. The continued advance risks accelerating broader inflation, complicating central banks efforts to provide more stimulus. Drought in key Brazilian growing regions is crippling crops from corn… Source link