Hundreds of Google and Amazon employees protested Thursday outside of company offices in San Francisco, New York, Seattle and Durham, N.C., demanding that the tech giants end their $1.2 billion Project Nimbus contract to supply Israel and its military with artificial intelligence and cloud computing technology. Some Google and Amazon workers believe that the contract will aid Israel’s surveillance efforts of Palestinians, Josh Marxen, a Google Cloud engineer based in Sunnyvale, told The… Source link
Read More »Ford ramps up F-150 Lightning production to meet hot demand for the EV pickup
The Ford F-150 Lightning electric pickup hasn’t even gone on sale yet, but demand is so red hot that the automaker is already ramping up production. The first Lightning prototypes are rolling off an assembly line in Dearborn, Mich. for real-world testing, with the truck arriving in dealerships this spring. But with 150,000 reservations already in hand for its inaugural EV pickup truck, Ford (F) announced Thursday that it will invest an additional $250 million and add 450 more jobs at three… Source link
Read More »Apple Ramps Up Pace of Bond Sales as Stock Buybacks Seen Rising
(Bloomberg) — Apple Inc. is selling bonds to take advantage of cheap borrowing costs, tapping the market for a third time since May as it looks to return more cash to shareholders. The company is issuing debt in six parts, according to a person with knowledge of the matter. The longest portion of the offering, a 40-year security, may yield between 115 and 120 basis points above Treasuries, said the person, who asked not to be identified as the details are private. Until 2020, Apple hadn’t… Source link
Read More »CDC to decrease quarantine time; UPS ramps up dry ice
The U.S. Centers for Disease Control and Prevention (CDC) is aiming to reduce the quarantine requirements for someone potentially exposed to the virus from 14 days to somewhere between 7 to 10 days. The change in days, in addition to conducting a test, is being pursued as health officials try to gain better compliance with an increasingly covid-weary population, according to the Wall Street Journal. The decision is also guided by a better understanding of the phases of virus incubation and… Source link
Read More »Google ramps up competition against Amazon, drops e-commerce commission fees
Retail expert Erin Sykes discusses how retailers are adapting for consumers during the coronavirus outbreak, including texting their customers and rolling out small footprint stores. Google has been making a steady effort to transform its e-commerce platform into an Amazon competitor. The tech giant has been trying to recruit more sellers to Google Shopping since it offered free item listings on the e-commerce platform and Google Search in April and eliminated commission fees for… Source link
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