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July 30, 2021

Computer & Electronics Retailers (TRBC level 4)

PC shipments notch fastest quarterly growth in 20 years – Gartner

Reuters
(Reuters) – Global shipments of personal computers rose at their fastest pace in two decades in the first quarter as people bought computers to help them work and study remotely during the COVID-19 crisis, according to research firm Gartner Inc. PC shipments, which include both laptops and desktop computers, grew......

Exclusive: GameStop initiates search for new CEO – sources

Reuters
(Reuters) – GameStop Corp is looking for a new chief executive to replace George Sherman as it pivots from being a brick-and-mortar video game retailer to an e-commerce firm, three people familiar with the matter said on Monday. FILE PHOTO: A GameStop store is seen in the Jackson Heights neighborhood......

Breakingviews – Capital Calls – Cellebrite good times

Reuters
A Cellebrite forensic device extracts data from a Samsung mobile phone during a demonstration at a training centre in Beijing, China June 19, 2018. REUTERS/Cate Cadell NEW YORK (Reuters Breakingviews) – SOMETHING TO CELLEBRITE. Controversy over cops breaking into people’s cellphones is heading to a stock exchange near you. Israeli......

U.S. adds Chinese supercomputing entities to economic blacklist

Reuters
FILE PHOTO: Chinese and U.S. flags flutter outside the building of an American company in Beijing, China January 21, 2021. REUTERS/Tingshu Wang/File Photo (Reuters) – The U.S. Commerce Department said Thursday it was adding seven Chinese supercomputing entities to a U.S. economic blacklist for assisting Chinese military The department is......

Apple to start enforcing new app privacy notifications in coming weeks

Reuters
FILE PHOTO: The Apple Inc. logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo (Reuters) – Apple Inc said on Wednesday that in the coming weeks it will start enforcing a new privacy notification......

GameStop hires Amazon executive as chief growth officer in e-commerce shift

Reuters
FILE PHOTO: A GameStop store is pictured in the Manhattan borough of New York City, New York, U.S., January 29, 2021. REUTERS/Carlo Allegri/File Photo/File Photo/File Photo (Reuters) – GameStop Corp said on Tuesday it named Amazon.com Inc executive Elliott Wilke as chief growth officer, the latest top level appointment after......

Jefferies dramatically increases GameStop price target

Reuters
(Reuters) – Two months after a stock-buying frenzy sent shares of GameStop surging, analysts at Jefferies have raised their price target on the company nearly twelve-fold, making them a standout among those that cover the video game retailer. FILE PHOTO: A man walks in front of a GameStop store in......

Lumentum raises Coherent buyout offer to $7 billion

Reuters
Optical fiber cable is pictured on a reel in a storage area in Perugia, Italy, June 26, 2017. Picture taken June 23, 2017. REUTERS/Alessandro Bianchi (Reuters) – Optical fiber firm Lumentum Holdings Inc said on Tuesday it has raised its buyout offer for Coherent Inc to about $7 billion, the......

Jury tells Apple to pay $308.5 million for patent infringement

Reuters
FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo (Reuters) – A federal jury in Texas said Apple Inc must pay about $308.5 million to Personalized Media Communications LLC......

Lumentum makes new $6.9 billion offer to buy Coherent

Reuters
By Reuters Staff 1 Min Read (Reuters) – Laser maker Coherent Inc said on Wednesday it received a new acquisition offer from optical fiber firm Lumentum Holdings Inc, in a deal valued at $6.9 billion. Reporting by Eva Mathews in Bengaluru; Editing by Ramakrishnan M. Our Standards: The Thomson Reuters......

Apple Inc spending from ‘green bonds’ hits $2.8 billion

Reuters
FILE PHOTO: The Apple logo is seen at an Apple Store in Brooklyn, New York, U.S. October 23, 2020. REUTERS/Brendan McDermid/File Photo (Reuters) – Apple Inc said on Wednesday it allotted $2.8 billion raised from “green bonds” that last year funded 17 projects that will generate 1.2 gigawatts of renewable......

U.S. Justice Department nominee Gupta vows strong antitrust enforcement

Reuters
Nominee to be Associate Attorney General Vanita Gupta testifies before the Senate Judiciary Committee during her confirmation hearing on Capitol Hill in Washington, U.S., March 9, 2021. REUTERS/Joshua Roberts WASHINGTON (Reuters) – Vanita Gupta, President Joe Biden’s nominee for the Justice Department’s No. 3 post, said on Tuesday that she......

UK starts probe on Apple’s alleged anti-competitive behaviour

Reuters
FILE PHOTO: The Apple Inc logo is seen hanging at the entrance to the Apple store on 5th Avenue in Manhattan, New York, U.S., October 16, 2019. REUTERS/Mike Segar/File Photo (Reuters) – Britain’s competition regulator said on Thursday it has opened an investigation into Apple Inc after complaints that the......

GameStop soars in volatile trading session

Reuters
FILE PHOTO: GameStop logo is seen near displayed stock graph in this illustration taken February 2, 2021. REUTERS/Dado Ruvic/Illustration (Reuters) – Shares in video game retailer GameStop were up 21.2% as volume spiked late in Monday’s session putting pressure on short sellers to cover their bets as investors discussed the......

‘The Crown,’ ‘Schitt’s Creek’ take Golden Globes TV honors

Reuters
LOS ANGELES (Reuters) – Netflix Inc’s British royal drama “The Crown,” which focused its most recent season on the troubled marriage of Prince Charles and Princess Diana, led the television honors at Hollywood’s Golden Globe awards on Sunday. “The Crown” was named best TV drama, one of four awards in......

Buffett upbeat on U.S. and Berkshire, buys back stock even as pandemic hits results

Reuters
(Reuters) – Not even the coronavirus pandemic could dampen Warren Buffett’s enthusiasm for the future of America and his company Berkshire Hathaway Inc. FILE PHOTO: Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc’s annual shareholder......

Foxconn chairman says expects ‘limited impact’ from chip shortage on clients

Reuters
FILE PHOTO: A sign of Foxconn is seen inside its office building in Taipei, Taiwan November 12, 2020. REUTERS/Ann Wang TAIPEI (Reuters) – The chairman of Apple Inc supplier Foxconn said on Saturday he expects his company and its clients will face only “limited impact” from a chip shortage that......

Miami mayor sees bitcoin move as way to attract tech

Reuters
FILE PHOTO: A representation of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken January 8, 2021. REUTERS/Dado Ruvic/File Photo (Reuters) – The city of Miami is seeking to embrace bitcoin in its operations, a move that could bring dividends in terms of attracting......

GRAPHIC-Take Five: Here comes the bull

Reuters
1/GONG HEI FAT CHOY! It’s the Lunar Year of the Ox. Since the same Chinese character can be used to denote a bull, some investors might see that as a good omen for world markets. Higher bond yields could spoil the party at some point, but for now equity markets......

EU privacy agency urges more safeguards to curb U.S. tech giants

Reuters
FILE PHOTO: FILE PHOTO: The logos of Amazon, Apple, Facebook and Google in a combination photo./File Photo BRUSSELS (Reuters) – 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......

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