Something strange is happening in Washington. A generation of investors and entrepreneurs who built careers championing private capital and intuitively understood the power of market discipline and limited government have joined the Trump administration, taking charge of hundreds of billions of dollars of other people’s money. They assure us that they are deploying it strategically,…
Starbucks’ corporate headquarters seen in Seattle. The company announced its Q2 earnings on 27th Apr 2021. Toby Scott | Lightrocket | Getty Images Starbucks on Friday announced another round of corporate layoffs and said it plans to shutter some regional support offices as part of its ongoing turnaround. The company said it will cut 300…
Winners were announced during a luncheon Thursday in the VBC Saturn Ballroom. Source link
Jake Leach [Image courtesy of Dexcom] Dexcom (Nasdaq:DXCM) today unveiled its next-generation continuous glucose monitor (CGM), the G8 system, at its Investor Day event. San Diego-based Dexcom CEO Jake Leach previously told Drug Delivery Business News that the G8 would offer a “much smaller wearable” in a step-change from the company’s current-generation G7 system. At the…
The standoff comes as Chinese firms increasingly turn to domestic chipmakers like Huawei, in a drive to reduce China’s dependence on Western technologies. Source link
UK’s BT is reviving talks over a possible sale or partnership of its struggling international business a year after halting negotiations, Sky News reported. Source link
Apple’s two-year-old partnership with OpenAI has become strained, with the AI startup failing to see the expected benefits from the deal and now preparing possible legal action, Bloomberg News reported on Thursday. Source link
California could deliver a big blow to already reeling SaaS and software companies. Loading audio narration… On Thursday, Gov. Gavin Newsom proposed expanding the state sales tax to ensure it covers digital prewritten software. Newsom, whose term ends in January, said he had been “slow” to recognize that consumers were paying a 7.25% sales tax…
Debt agents working for British Gas had broken into the homes of vulnerable customers to fit pre-payment energy meters. Source link
Versant Media Group on Thursday unveiled results for its most recent quarter — its first as a stand-alone company after separating from Comcast’s NBCUniversal and beginning to trade on the Nasdaq earlier this year. The report revealed continued pressure in the traditional pay TV bundle but highlighted growth in digital platform and licensing businesses. Versant…
