MV TELEGRAPH DAILY NEWS
Facebook is opening up Horizon World, its virtual reality world of avatars, to anyone 18 and older in the US and Canada. Courtesy of Meta The vice president of Meta’s Horizon social media virtual reality software, Vivek Sharma, is leaving the company, a spokesperson said Friday. Sharma has been with Facebook parent Meta for the …
Continue reading “Meta Horizon vp Vivek Sharma is leaving the corporate”
Dylan Field, co-founder and CEO of Figma, speaks at the startup’s Config conference in San Francisco on May 10, 2022. Figma Microsoft and Adobe have been friendly bedfellows for decades. Microsoft’s dominant PC operating system has been the gateway for Adobe to reach millions of business users with its design software. The companies’ CEOs even …
Continue reading “Figma rising inside Microsoft, testing longtime cope with Adobe”
The pandemic pushed consumers out of dining rooms and onto sidewalks, parking lots and open streets. Now comes the urge from restaurant owners to keep their outdoor dining, tents and sheds forever. In July, the San Francisco board of directors voted for the permanent introduction of restaurant parklets. Atlanta and Philadelphia are among the cities …
The Tesla logo that can be seen in one of its showrooms. Tesla today announced its results for the first quarter of 2021. Toby Scott | LightRakete | Getty Images Tesla delivered 241,300 electric vehicles in the third quarter of 2021, the company reported on Saturday. Deliveries for the quarter exceeded expectations. Analysts predict that …
Scene from Netflix’s “Squid Game” Source: Netflix The South Korean Internet service provider SK Broadband is suing Netflix after the platform’s popular show “Squid Game” allegedly led to an increase in network traffic, Reuters reported for the first time on Friday. The ISP is asking Netflix to pay the related maintenance costs stemming from a …
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Amazon’s new delivery truck Amazon Rivian Automotive, a company that develops electric vehicles, including commercial delivery vans, for Amazon, filed for an IPO on Friday. The company aims to trade on the Nasdaq under the ticker symbol “RIVN”. The filings show a net loss of $ 994 million on zero revenues for the first six …
Continue reading “Rivian, an electrical automobile maker supported by Amazon and Ford, goes public”
US Treasury bond yields fell early on Friday before major inflation data was released that morning. The benchmark ten-year government bond yield fell 3 basis points to 1.4944% at 4.20 a.m. ET. The yield on the 30-year government bond also fell by 3 basis points to 2.056%. The returns move inversely to the prices and …
Continue reading “Authorities bond yields fall forward of key inflation knowledge”
US stocks fell on Thursday as Wall Street ended its worst month of the year on a sour note. The Dow Jones Industrial Average lost 547 points, or 1.6%, after rising to the opening bell. The broader S&P 500 was down more than 1%, while the tech-heavy Nasdaq Composite was down 0.4%. The market weakness …
Environmentalists protest outside Amazon’s shareholders’ meeting Paayal Zaveri | CNBC Amazon reached an agreement with two former employees who, according to the National Labor Relations Board, were illegally fired for speaking out publicly about the company’s carbon footprint and labor policy. As part of the deal reached between Amazon and two employees, Emily Cunningham and …
Continue reading “Amazon settles with 2 staff who stated they had been fired for activism”
US stocks held modest gains on Wednesday as 10-year US Treasury bond yields rose in afternoon trading. The Dow Jones Industrial Average rose 80 points, or 0.2%, and the S&P 500 only rose 0.1%. The tech-heavy Nasdaq Composite gave up its early gains and lost 0.3%. On Tuesday, the Nasdaq Composite had its worst day …
Continue reading “S&P 500 holds up barely, Nasdaq falls as 10-year authorities bond yields rise”
