industry economics
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Apple Is Reportedly Giving Its Retail Workers Raises to Make Sure They Don’t Leave
In the era of the Great Resignation and a tighter labour market, it’s common sense to have companies review and increase the benefits they offer their workers, especially when that company is the most valuable one in the world.
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Amazon, Nike, and Other Bidders Are Reportedly Circling Peloton
After enjoying a lockdown-fuelled peak during the pandemic, Peloton is now spinning out of control. Product recalls, plummeting stock prices, a major decline in demand and its bike’s dangerous cameos in not one, but two primetime TV shows have wiped roughly $US40 ($56) billion from its market value in the last year.
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Intel Plans $28 Billion Factory in Ohio to Accelerate Domestic Chip Manufacturing
Intel will invest $US20 billion (around $28 billion) in a sprawling new processor manufacturing facility outside Columbus, Ohio, according to an announcement from the tech giant early Friday. The plant, billed as the single largest private-sector investment in Ohio’s history, is expected to create 3,000 jobs, based on the company’s projections, not including at least…
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Samsung Is Bringing Cloud Gaming to Its 2022 TVs
Samsung is debuting new TVs at CES 2022, and some of them will let you play games from the cloud, no console required, with platforms you might have heard before: Google Stadia and Nvidia GeForce Now.