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Business News

Location American Business News for 9 December 2020
Indonesian Tire Manufacturer Sjamsul Nursalim Sees Demand Deflate Covid-19 dragged down Sjamsul Nursalim's wealth by 24% to $755 million.
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Zoom stock downgraded by JPMorgan after 505% rally on concerns a COVID-19 vaccine could dent further upside Zoom Video's trailing twelve month price to earnings multiple was 286x as of Tuesday's close, and its price to sales ratio was 60x.
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How Automation Is Changing The Game For YouTube Creators: An Interview With Caleb Boxx A more recent development that isn't as well-known yet is YouTube automation. Instead of using videos specifically as a marketing tool, the automation business model focuses on creating viral videos that generate passive...
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Amazon's Forecast Weather Index combines metrics from historical weather events and current forecasts to increase demand forecast accuracy.
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Mobile game and app spending will grow 25% to $112 billion in 2020, according to year-end estimates from researcher App Annie.
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DataRobot has extended its series F round to $320 million through partnerships with Snowflake, Salesforce, and Hewlett Packard Enterprise.
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Until today, Spider-Man: Miles Morales players on PlayStation 5 had to choose between playing with a steady 60 fps or with ray-tracing.
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U.S. Congressman Antonio Delgado: Race and Identity in Politics

Harvard Business Review - 9 Dec 2020 16:02
What we can learn from Congressman Antonio Delgado about working across differences in Congress to find common ground.
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At its AI Summit, IBM announced a number of new machine learning-powered products and services across its portfolio of cloud services.
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Trafigura, one of the world's largest commodities traders, posted a record profit, making it a big winner from turmoil in crude-oil markets during the coronavirus pandemic.
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How to improve your ability to relax during the pandemic holidays Take a lesson from nature, and the changing of the seasons. The holiday season can be stressful enough but add in a global pandemic and surging cases of the coronavirus and our ability to cope is tested beyond measure. W...
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'Gold Is Rare but Not Too Rare' - Bitcoin's Supply Limit Hinders Usefulness, Says Steve Forbes The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s edito...
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DoorDash Inc. is ready to ride the surge in demand for delivery and investor appetite for initial public offerings.
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How To Cash In Betting Anthony Joshua Vs. Kubrat Pulev: 5 Bets Where Oddsmakers Provide Value The oddsmakers provide sports bettors with value for the Anthony Joshua vs. Kubrat Pulev fight on December 12. Here are five best bets where sports bettors can cash in on this unified heavyweight world title fight in Lon...
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Biden nominates a disease-fighting celebrity as beloved as Dr. Fauci to run the CDC: 'She's the full package' Dr. Rochelle Walensky, chief of infectious diseases at Massachusetts General Hospital, has spent 2020 working on more equitable COVID-19 treatment.
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How to watch Mental Health, Diversity, and Games

Venture Beat - 9 Dec 2020 19:10
Mental Health, Diversity, and Games, will explore how the ongoing lack of diversity, equity, and inclusion (DEI) in the gaming industry.
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Control has sold over 2 million copies

Venture Beat - 9 Dec 2020 17:52
Remedy Entertainment revealed today during an investors presentation that Control has sold more than 2 million copies.
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Inside the rise and fall of Coatue's much-hyped but short-lived $350 million quant fund Coatue Management, a secretive hedge fund run by the billionaire Philippe Laffont, has had a wave of departures from its vaunted data-science team.
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The Chicago White Sox Are Proving They're Ready To Contend In 2021 Even after trading for Lance Lynn, the White Sox are being aggressive in free agency.
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High Court Weighs Fannie, Freddie Profit Sweep

Wall Street Journal - 9 Dec 2020 16:00
A lawsuit filed by shareholders of the mortgage firms has broad implications for housing finance and the powers of government agencies.
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Earnings Preview: What To Expect From Adobe On Wednesday Adobe Systems will report earnings after today's close. Here's what to expect.
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Brightflag, a startup offering legal spend management software, has raised $28 million in venture capital funding.
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