A shipping expert believes that the supply chain crisis may last well into 2023 given how global trade has been reshuffled to meet surging American demand. “We expect… strained supply chains to last until the early parts of 2023,” Peter Sand, chief shipping analyst at Copenhagen-based BIMCO, a shipping trade group, told Yahoo Finance Live (video above). “We are basically seeing a global all-but-breakdown of the supply chains from from end-to-end.” In Sand’s view, the “spectacular recovery”… Source link
Read More »Donald Trump ‘tested so many parts’ of Facebook: Author
Former President Donald Trump has ramped up his criticism of Facebook and other tech giants since leaving office. Earlier this month, he filed separate lawsuits against Facebook (FB), Google-owned YouTube (GOOG, GOOGL), and Twitter (TWTR) over alleged censorship. A new book, “An Ugly Truth: Inside Facebook’s Battle for Domination,” draws on interviews with more than 400 people in and around Facebook to reveal how the rise and presidency of Trump placed the tech giant under immense public… Source link
Read More »‘A perfect storm is brewing’ in certain parts America, health official explains
Unvaccinated individuals are experiencing a sharp rise in new coronavirus cases as the Delta variant becomes increasingly pervasive across the U.S. According to CDC Director Rochelle Walensky, the Delta variant now accounts for 83% of all COVID cases in the U.S., a 33% increase from two weeks ago. Walensky added that 99.5% of all COVID-related deaths in the country over recent months have been among unvaccinated Americans. “This is a critical time during our pandemic and particularly we… Source link
Read More »DeSantis parts with Trump in response to Surfside tragedy
SURFSIDE, Fla. (AP) — When the coronavirus ravaged Florida, Gov. Ron DeSantis defiantly bucked mask mandates. He later cracked down on protesters advocating racial justice, blasted President Joe Biden on immigration, jumped into the fight over transgender athletes and signed sweeping legislation to toughen voting rules. But after a deadly building collapse, the Republican governor is largely hitting pause on the culture wars. In the two weeks since a 12-story condo tower in this coastal… Source link
Read More »Google is moving parts of YouTube to its cloud service
Sundar Pichai, Alphabet CEO David Paul Morris | Bloomberg | Getty Images Google is moving parts of its popular YouTube video service from the advertising company’s internal data center infrastructure to the company’s cloud service, the head of Google’s cloud said. The effort indicates Google is looking inward as it seeks to expand its share of the growing cloud-computing market and become less reliant on advertisements appearing on its web search engine and other properties. Historically, Google… Source link
Read More »Verizon Explores Sale of Media Assets, Including Parts of Yahoo and AOL
The sale of media assets Verizon is exploring could yield a price in the $4 billion to $5 billion range, people familiar with the matter said; a Verizon store in San Francisco. Photo: David Paul Morris/Bloomberg News Updated April 28, 2021 4:42 pm ET … Source link
Read More »This CEO drives a supercharged Tesla and a 707 horsepower Jeep, and also leads a 118-year auto parts making legend
As you could imagine, the CEO of legendary aftermarket auto parts maker Holley, Tom Tomlinson, has one heck of a garage at home. “I recently completed a 1973 Camaro — it looks like a 1973 Camaro on the outside, but everything underneath the skin is a modern supercar,” Tomlinson told told Yahoo Finance Live. Tomlinson, dabbles in building restomods, owns a Tesla Model 3 Performance and the 707 horsepower Jeep Trackhawk. This writer isn’t keen on being the bearer of bad news to a fellow car… Source link
Read More »Washington officially parts ways with Alex Smith
The Washington Football Team made it official on Friday and released quarterback Alex Smith, the 2020 NFL Comeback Player of the Year, after his return from a gruesome leg injury that nearly ended his career. Smith’s time with the team appeared to be coming to an end after a report Monday that the team would be parting ways with him. After an injury to Kyle Allen and poor play by Dwayne Haskins, Smith took the reins and led the team to a 5-1 record down the stretch. It was enough to win the… Source link
Read More »This 3-D image shows where your iPhone 12 parts come from
The iPhone has revolutionized consumer technology, helping to create an app-based economy and propelling Apple (AAPL) to a $2 trillion market capitalization. After unveiling the iPhones in January 2007, Apple has since sold 2 billion units worldwide, with the phones making up the largest source of the company’s revenue. And while Apple designs the phone in Cupertino, California, the tech giant sources parts for the phone from manufacturers from across the world. Apple’s latest and… Source link
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