A venture designed to produce Scottish internet of things (IoT) companies capable of scaling and competing on a global level has added two more businesses to its company cohort.
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by Tyler Durden
Thursday, May 20, 2021 - 08:00 AM
While a far cry from yesterday s morning rout, global stocks struggled for traction on Thursday after a jittery session on Wall Street where cryptocurrencies crashed and a hint of tapering talk from the U.S. Federal Reserve drove selling in the bond market and lifted the safe-haven dollar.
S&P futures dropped overnight for the 4th straight session after minutes from Fed’s meeting last month showed some officials were open to a debate at “upcoming meetings” on scaling back bond purchases if the U.S. economy continued to progress rapidly, while the ongoing rout in cryptos has not helped sentiment, and just like cryptos futures rebounded from their worst levels (yes, we once again live in a bizarro cojoined world where moves in cryptos move the broader market).
Claims campus will be home to Europe s largest mobile technologies engineering team
Matthew Hughes Wed 10 Mar 2021 // 19:59 UTC Share
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With an estimated opening date of late 2022, the 33,000m
2 facility will serve as Cupertino s largest wireless communications R&D facility, with a heavy emphasis placed on developing proprietary 5G chippery.
In a blog post, Apple said the facility will house Europe s largest mobile technologies engineering team.
It s a bold claim. Nokia s Oulu campus, which is home to its 5G radio design team, has a couple of thousand workers – although these are spread across manufacturing and research.
Still, even if it s not the greatest thing since sliced laugenbrötchen, it does allow Apple to consolidate much of its operations in the Bavarian capital, ongoing since 1981. In recent years, Apple s ranks have swelled following a spate of buyouts. The most notable is its $1bn acquisition of Intel s modem development wing in