Intel’s recent downfalls are catching up to it
The chipmaking giant has struggled lately with significant manufacturing issues and chip security flaws.
The company’s downturn comes at a time when competitors such as Taiwan Semiconductor Manufacturing Co. and Advanced Micro Devices, which runs most of its operations out of Austin, have been surging.
Intel will also have to address its problems under a new chief executive, The Wall Street Journal reported, with CEO Brian Krzanich resigning last week due to a relationship he had with a co-worker.
Intel, though, has plenty of reason to reaffirm its power within the market. It’s still a huge company and has, despite its shortcomings, continued to post positive financial results in recent quarters.
What’s next after the Supreme Court ruled that states can charge sales tax on all online purchases?
While retailers have only had to collect and remit sales tax to states that they have some type of physical presence in, now they will have to do it even if they don’t have a presence.
The outcome could be felt greatest among expensive items bought online, according to The Wall Street Journal.
Customers that buy pricey items online from stores that have no physical presence in their home state will see new sales taxes that will make their already costly items more expensive.
A positive element for consumers? The logistics of the new system could take awhile to implement.
How popular is ride-hailing in the U.S.?
With companies like Uber and Lyft being private, it’s hard to know, news website Recode said.
Through data collection, however, there is some sense of the answer.
According to Second Measure and Earnest Research, which track debit and credit card transactions in the U.S., about 32 to 43 percent of Americans hailed at least one ride during the past year.
The data shows most users live in urban areas, Recode reported, and that they are middle to high-class in wealth.
Electronic sports has become a billion-dollar industry
And some of its most prominent players have luxurious lives. A video by Bloomberg News service below explains how:
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