Month: March 2023
Luminar CFO defends lidar maker’s pricing and revenue in the wake of a Goldman downgrade
A Mercedes-Benz van retrofitted with different types of lidar systems, including Luminar’s Iris, to showcase the differences in the technologies. Michael Wayland / CNBC Lidar maker Luminar Technologies, stung by a recent Wall Street downgrade, is responding in an unusual way: taking its case directly to the shareholders. In a letter seen by CNBC on […]
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Millennials plan to stick with online shopping even as stores rebound, new survey finds
People walk by empty retail space in lower Manhattan on April 17, 2017 in New York City. Spencer Platt | Getty Images Millennials have big plans for the year ahead, at least when it comes to their online shopping habits. Over 27% of millennials plan to spend “significantly more” online and less in-store this year, […]
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Secondhand resale is getting cutthroat as platforms like Depop and Poshmark boom
The Depop application on a smartphone arranged on Wednesday, June 2, 2021. Gabby Jones | Bloomberg | Getty Images Six months after launching his secondhand clothing shop on digital marketplace Depop in 2020, Blake Robertson, a 15-year-old high schooler at the time, received a death threat from a customer. It came via Instagram, from someone […]
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Deutsche Financial institution is not the future Credit Suisse, analysts say as stress spreads
A standard conference of Deutsche Financial institution Arne Dedert | image alliance | Getty Images Deutsche Bank shares slid Friday whilst the price tag of insuring against its default spiked, as the German financial institution was engulfed by marketplace panic about the stability of the European banking sector. Nevertheless, a lot of analysts were being […]
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Trump stay updates: Ex-president suggests there could be ‘death and destruction’ if he is charged
Trump gears up for rally in Waco, regarded for infamous federal government standoff, as prices loom A male inspects a aircraft of former U.S. President Donald Trump at the Palm Seashore Global Airport, days following he posted a concept on his Real truth Social account stating that he experienced anticipated to be arrested, and termed […]
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Europe’s leaders battle banking disaster as market place rout hangs about Brussels summit
Germany’s Chancellor Olaf Scholz claimed Deutsche Lender is successful after shares dipped far more than 10% for the duration of European trading. Ludovic Marin | Afp | Getty Visuals BRUSSELS — European leaders on Friday were eager to strain that the region’s banking sector was stable and sound next Deutsche Bank‘s sudden slide as marketplaces […]
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Pfizer’s Covid drug Paxlovid may reduce the risk of developing long Covid, study says
A prescription for Pfizers Paxlovid tablets outside of his apartment in Philadelphia, Pennsylvania on April 25, 2022. (Photo by Rachel Wisniewski/For the Washington Post) Rachel Wisniewski | The Washington Post | Getty Images People who take Pfizer‘s Covid antiviral treatment Paxlovid shortly after infection may reduce their risk of developing long Covid, regardless of their […]
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Sam Altman did not just take any equity in OpenAI, report suggests
Sam Altman, president of Y Combinator, pauses all through the New Perform Summit in Fifty percent Moon Bay, California, U.S., on Monday, Feb. 25, 2019. David Paul Morris | Bloomberg | Getty Pictures OpenAI’s ChatGPT unleashed an arms race amid Silicon Valley firms and traders, sparking an A.I. financial commitment fad that proved to be […]
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British regulator softens stance on Microsoft-Activision offer levels of competition concerns
An Activision Blizzard’s Connect with of Responsibility: Contemporary Warfare video clip game is inserted into the Microsoft’s Xbox 1 movie sport console organized in Denver, Colorado, on Wednesday, Jan. 19, 2022. Michael Ciaglo | Bloomberg | Getty Pictures The U.K.’s level of competition regulator on Friday explained it has narrowed the scope of its investigation […]
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