Amazon Web Services CEO Andy Jassy used his keynote at the AWS re:Invent conference on Tuesday to announce the introduction of several new products and services for the hybrid cloud market. Hybrid cloud is a model that connects public cloud platforms like AWS with a customer's own servers and data […]
Read moreAs Dish Carriage Deadline Nears, Nexstar Sets WGN America Deal With YouTube TV
Nexstar Media Group said it has reached a carriage deal with YouTube TV for cable network WGN America. The multi-year WGN America deal with YouTube will take effect on January 19. The addition of 3 million YouTube customers extends the network’s total reach to 75 million pay-TV households, Nexstar said. […]
Read moreOptions traders are optimistic about a huge day for Salesforce
Tuesday is shaping up to possibly be a gigantic day for Salesforce. The company is scheduled to report earnings after the bell, and could formally announce the blockbuster purchase of workplace communications company Slack, in what is expected to be a half-cash, half -stock deal. Options traders are betting that […]
Read moreKristi Noem's grandmother died in a nursing home hit by COVID-19 as the South Dakota governor continued to downplay the virus
South Dakota Governor Kristi Noem's 98-year-old grandmother Aldys Arnold died on November 22. She was living at a nursing home in Estelline, South Dakota, where 12 residents died from COVID-19-related causes between November 14 and November 28, the facility's administrator Mike Ward told the Daily Beast. Arnold tested negative for […]
Read moreInvestors Leave Zoom Meeting After Wall Street Analysts Say Stock Is Overvalued
Shares in Covid-19 darling Zoom Video Communications have fallen nearly 14% today despite a stellar earnings report Monday. Some Wall Street analysts have raised concerns that the company’s shares are overvalued. The stock has surged more than 600% in 2020 to date as corporations, schools, government offices and others flock […]
Read moreDAiM Rolls Out 401(k) Plans With Bitcoin For Any Sized Business
Digital Asset Investment Management (DAiM) has rolled out the first ERISA-compliant employer-sponsored 401(k) retirement plans that support Bitcoin (BTC). Employers of any size can adopt these plans for the benefit of their employees. DAiM is the first licensed Registered Investment Advisor for Bitcoin and digital assets. It was approved by […]
Read moreAll retail bankruptcies are not the same. Here's what you need to know
London (CNN Business)Debenhams, Britain’s biggest department store chain, is permanently closing its UK operations. The announcement came less than 24 hours after Topshop owner Arcadia filed for bankruptcy protection. Together, the business failures put 25,000 UK jobs at risk. Debenhams, which collapsed into administration in April for the second time […]
Read more25 Facts of Life the Federal Poverty Rate Completely Ignores
According to the official federal rate, 10.5% of Americans live in poverty. This measure, however, was developed in 1963 and is widely considered today a crude and controversial representation of economic insecurity in the United States. The official poverty rate is based on pre-tax income thresholds derived from the cost […]
Read moreA top VC warns that 'fundamentally sound' healthcare startups might go under in 2021
Welcome to Business Insider's daily healthcare newsletter, your daily dose of pharma, biotech, and healthcare news. Subscribe here to get this newsletter in your inbox every weekday. Hello, Today in healthcare news, a little break from the barrage of vaccine news: A lot of healthcare startups are "effectively walking dead," […]
Read moreChinese automaker Kandi plunges nearly 30% after short-seller Hindenburg accused it of fabricating sales to raise $160 million from US investors
Kandi America Chinese automaker Kandi’s shares sank as much as 30% on Monday after Hindenburg Research accused the company of faking sales to raise $160 million from US investors. Shares in the company continued to slide in pre-market trading on Tuesday after the short-seller reported more than half of Kandi’s […]
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