(Bloomberg) — Intel Corp. Chief Executive Officer Pat Gelsinger spelled out the cost of his drive to return the world’s largest chipmaker to leadership of the industry and investors weren’t pleased. Shares fell about 9% in extended trading. Most Read from Bloomberg Executives said profitability will suffer during the next few years because of increased spending on the company’s manufacturing technology. Near term, if Intel’s fourth quarter comes in as the chipmaker projects, sales… Source link
Read More »Tyson Scrambles to Regain Chicken Profit as New Competitor Looms
(Bloomberg) — Tyson Foods Inc., the top poultry producer in the U.S., is racing to get its chicken unit back on track as a new, formidable competitor emerges. The third and sixth biggest U.S. chicken companies, Sanderson Farms Inc. and Wayne Farms Inc., are combining in a $4.53 billion deal, according to a statement Monday from buyers Cargill Inc. and Continental Grain Co. The deal comes as Tyson’s chicken unit posted a loss in its third quarter amid a series of headaches including high… Source link
Read More »Google Maps setting you should change right now to regain privacy
Remember the old GPS units we used to get around back in the day? Before that, maybe you printed directions from MapQuest or another site. And before that, we relied on actual maps that no one knew how to fold quickly. Today, you open up your phone and click an app. It’s easy, sure, but you might not think much about how much information you’re giving away with every trip and every search. Speaking of searches, it’s high time you cleared out your browser search history. If you don’t do… Source link
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