Half Mag / Half Zine
A surge in demand for goods like furniture and exercise equipment from locked-down consumers has sparked a jump in shipping rates, boosting profits for Danish freight giant Maersk, the company said on Wednesday. Yet shares in the world’s largest container Read more
Apple Inc has partnered with Taiwan Semiconductor Manufacturing Co to develop micro OLED displays, which it plans to use in its upcoming augmented reality (AR) devices, Nikkei Asia reported on Wednesday. Apple is collaborating with TSMC, the sole supplier of Read more
Tesla boss Elon Musk is a poster child of low-carbon technology. Yet the electric carmaker’s backing of bitcoin this week could turbo-charge global use of a currency that’s estimated to cause more pollution than a small country every year. Tesla Read more
Toyota Motor Corp said on Wednesday it has an up to four-month stockpile of chips and was not immediately expecting a global chip shortage to hit production, as it jacked up its full-year earnings forecast by a bigger-than-expected 54%. Unlike Read more
Applications to start new U.S. businesses jumped in January, suggesting economic activity was steadily picking again, although the coronavirus pandemic continues to pose a risk to growth. The Commerce Department said on Wednesday business applications surged 42.6% to a seasonally Read more
EU privacy watchdog EDPS on Wednesday backed the bloc’s push to curb the power of Apple, Amazon, Alphabet unit Google and Facebook via new tough rules and suggested more safeguards to boost users’ privacy rights. Unveiled by EU Competition Commissioner Read more
Executives from Robinhood, Melvin Capital and Citadel Securities are expected to testify before a House panel at a Feb. 18 hearing exploring trading turmoil in GameStop Corp and related stocks, said two sources familiar with the matter. The House Financial Read more