The wearable market as a whole grew 5.6 percent in the last quarter, largely due to the sale of smartwatches at the expense of basebands, according to research company Canalys. The push was driven by Apple, which continues to dominate the market with its watch models. As Canalys noted, smartwatch sales took over the base … Read more
Amazon believes there is a need to raise wages and incentivize it to fill some of its vacancies, resulting in higher costs on its fulfillment network. “We are certainly seeing increased demand for labor,” said Brian Olsavsky, Amazon’s chief financial officer, on a conference call with reporters. “So far we have had good recruitment successes … Read more
The longtime Upper West Side comedy team Jerry Stiller and Anne Meara’s home, an expanded cooperative where they raised their two children, wrote and collaborated on material, and entertained a variety of celebrities, is coming for the first time in more Markt market than half a century. According to Bruce Ehrmann, a real estate agent … Read more
Sales fell by $ 500 million. The workforce was reduced by three quarters. Operations in 14 countries were discontinued. Many state and local lobbying campaigns have ceased. Juul Labs, the once high profile e-cigarette company that became a public health villain for many people because of its role in the teenage steam wave, is acting … Read more
Another day, another deal. Keeping up with the tide of acquisitions, IPOs, SPACs, and venture capital these days is no easy task. In fact, the IPO dollar volume for 2021 has already reached $ 171 billion, surpassing the record sums of last year. The same goes for mergers and acquisitions, with record levels of transaction … Read more
For this morning’s edition of The Exchange, Alex Wilhelm studied information recently released by mobile gaming studio Jam City as it prepares to go public in a $1.2 billion blank-check deal with DPCM Capital. “Jam City is a bit like Zynga, but unless you are a mobile-gaming aficionado, you might not have heard of it,” … Read more
Here’s what you need to know: Colonial Pipeline fuel tanks in Woodbridge, N.J. The company’s pipeline carries nearly half the fuel supplies for the East Coast.Credit…Colonial Pipeline/Via Reuters Gasoline prices rose as much as 4.2 percent early on Monday after a major petroleum pipeline in the United States was shut down over the weekend because … Read more
On the third biggest TV show of all time (sorry Rolling Stone), one of the most famous fictional soccer players in Texas once said, “When all the scared rats leave a sinking market, a real entrepreneur comes in – a real visionary. ” If so, then renewable energy startup retailer Arcadia may be a true … Read more
The new Google Dell Chromebook Enterprise devices. (Google photo) New numbers show that 2020 was the first year Chromebooks outbid Macs and saw impressive market share gains at the expense of Windows. Computers powered by Google’s Chrome OS have already sold Apple’s computers in individual quarters, but 2020 was the first full year in which … Read more
Disclosure of Short Positions. Large hedge funds are required to disclose their “long” positions if they exceed the threshold of owning 5 percent or more of a company’s stock. Such disclosure is not required for short positions. At all. Shouldn’t there be? If we as a society believe that transparency is important in order to … Read more