News 

U.S. reaches deal to keep China’s ZTE in business: congressional aide

“It is a great deal … for #ZTE & China. #China crushes U.S. companies with no mercy & they use these telecomm companies to spy & steal from us.”” writes Midwest Communications Inc for 95kqds.com. WASHINGTON (Reuters) – The Trump administration told lawmakers the U.S. government has reached a deal to put Chinese telecommunications company ZTE Corp back in business, a senior congressional aide said on Friday.Responding to news of the administration’s proposed settlement with ZTE, Republican Senator Marco Rubio tweeted: “Yes they have a deal in mind. Optical component…

Read More
News 

Exclusive: Tesla flies in new battery production line for Gigafactory

“That led to the decision to airlift the new production equipment to the United States from Europe, a step carmakers usually avoid by planning production equipment installations months or years ahead of a production launch” reports businessinsider.com. Tesla on Friday declined to comment on whether it has shipped in any new production equipment from Europe. Source: businessinsider.com Share This:

Read More
Crypto News 

Two Chinese bitcoin mining equipment makers plan $1 billion Hong Kong listings: IFR

“HONG KONG (Reuters) – Two Chinese bitcoin mining equipment makers plan to raise up to $1 billion each from Hong Kong listings this year, riding on strong global interest in cryptocurrencies, IFR reported on Tuesday, citing people familiar with the plans” writes Midwest Communications Inc for 95kqds.com. Chinese bitcoin mining equipment makers are hungry for capital to fund their growth as the heightened interest in cryptocurrencies has led to a surge in demand for their machines.Canaan, which sells “Avalon” mining machines with customised super-fast ASIC chips, made revenue of more…

Read More
News 

Nokia acquires U.S. software supplier SpaceTime Insight

“SpaceTime Insight and Rob Schilling, its chief executive, will join the Internet of Things (IoT) product unit within the Nokia Software business group” writes Eric Auchard for reuters.com. A year ago, it paid around $370 million to buy Comptel, beefing up its business aimed at telecom network operators.(Reuters) – Nokia said on Monday it has acquired software maker SpaceTime Insight, which industrial customers use to manage millions of devices and assets across their networks, marking the equipment supplier’s latest push to expand beyond telecoms. Source: reuters.com Share This:

Read More
News 

Amazon Quietly Launches Home Security Service Offering

“TechCrunch reported that the Seattle, Washington-based eCommerce giant quietly rolled out the new security service in select cities around the country” reports pymnts.com. Currently, the home security service is available in Washington, Oregon, California, Arizona, Texas, Nevada, North Carolina, Georgia, Illinois, New Jersey, Washington D.C. and Florida.Amazon is going after the home security market in a bigger way, rolling out a home security service offering that includes a consultant who will help with the installation of the smart home equipment Amazon is selling.With all of the packages, customers get two visits…

Read More
News 

showed an increase of 2.6%

“Core capital goods orders increased 6.5 percent on a year-on-year basis” writes Tim Boyle for cnbc.com. Economists polled by Reuters had forecast core capital goods orders rising 0.5 percent last month.Data for February was revised to show these so-called core capital goods increasing 0.9 percent instead of the previously reported 1.4 percent jump.Overall orders for durable goods, items ranging from toasters to aircraft that are meant to last three years or more, increased 2.6 percent in March as demand for transportation equipment rose 7.6 percent. Source: cnbc.com Share This:

Read More
News 

This robot pizza company’s delivery trucks can now bake 120 pizzas per hour

“The pizza restaurant has officially partnered with food equipment supplier Welbilt to outfit delivery trucks with high-efficiency ovens” writes Sasha Lekach for mashable.com. Robots are an integral part of Zume’s pizza process, but Garden is very clear on his robot philosophy: “Automation exists to improve the quality of human lives.”. Originally Zume filled the trucks with 52 ovens, but with Welbilt, they’ve whittled down the heavy equipment. Source: mashable.com Share This:

Read More
News 

Eli Manning counterfeit memorabilia lawsuit will go to trial, judge rules

“Manning had a contract with Steiner Sports to provide authentic equipment worn by him” writes Des Bieler Writes for washingtonpost.com. Next month could bring an even bigger headache for the veteran quarterback, as a New Jersey judge ruled Thursday that a trial, scheduled for May 14, will go forward in a lawsuit in which Manning is accused of participating in a scheme to defraud memorabilia collectors.Two other collectors who had filed separate suits joined forces with Insberg, who also named Giants co-owner John Mara, equipment manager John Skiba and memorabilia…

Read More