By
Debra KaufmanAugust 27, 2020
Amazon built its largest office building in the world in Hyderabad, a city of 10 million in southern India also known as Asia’s Silicon Valley. Amazon spokesperson Minari Shah said, “Hyderabad is a known software tech talent center, and the government has been an enabler for us to have a campus this size.” Apple, Facebook, Google and Microsoft also have bases in that city. In the United States, Amazon said it will hire 3,500 white-collar employees, including 2,000 in New York, continuing with plans it made prior to the COVID-19 outbreak. Read more
By
Debra KaufmanAugust 27, 2020
Next Tuesday, Facebook will begin the global rollout of a new tab in its main app called Facebook Shop, which allows users to browse product catalogs and buy items directly on the social media platform. The new feature, previously in beta with a small group of U.S. users, joins a similar feature launched on Instagram last month. Prior to Facebook Shop, businesses could add catalogs to their Facebook pages, but the new feature is a dedicated marketplace for multiple retailers. Instagram’s Checkout feature will also soon be broadly available. Read more
By
Debra KaufmanAugust 26, 2020
On Friday, Solstice Studios’ “Unhinged,” a $33 million psychological thriller starring Russell Crowe, enjoyed a wide release in 1,823 locations across the country. Because most theaters are operating at 50 percent capacity due to the coronavirus pandemic, opening weekend box office was modest — $4 million — but considered a success given the unique circumstances. Solstice Studios chief executive Mark Gill predicted that “Unhinged” will earn “at least $30 million” in North America. The movie has already generated $8 million internationally. Read more
By
Debra KaufmanAugust 26, 2020
At the Electronic & Electrical Engineering department of University College London (UCL), Dr. Lidia Galdino and her research team worked with Xtera and KDDI Research to achieve an Internet transmission rate of 178 terabits per second (178,000,000 megabits per second). This speed represents double the capacity of any other system operating today and would enable a user to download the entire Netflix library in less than one second. UCL and its partners achieved this by transmitting data through a much wider range of wavelengths than typically used in optical fiber. Read more
By
Debra KaufmanAugust 26, 2020
As the U.S.-China trade war heats up, Taiwan-based electronics manufacturers including Foxconn and Pegatron are considering opening new factories in Mexico, South America’s second largest economy. Sources said Foxconn would manufacture Apple iPhones in Mexico but will make a final decision later this year. Apple would not comment. Pegatron is “in early discussions with lenders” for a Mexico facility to assemble semiconductors and other electronic components. This “near-shoring” would move supply chains away from China. Read more