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Nvidia senses the great success of Pain of Tech

28th March 2018 16:23 ET Nvidia NVDA -1.85% and Facebook are two very different companies. But both have recently learned a painful lesson: When technology is everywhere, so are the risks. Facebook is of course in distress about handling user data. Nvidia's challenges are very different. The company, whose main business is to make chips for video games, has aggressively …

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Remington bankruptcy judge approves $ 75 million loan

A federal judge approved Remington's $ 75 million loan to allow the company to continue firing weapons, as it does in bankruptcy proceedings. The firearms company filed for Chapter 11 bankruptcy protection after more than 200 years in business earlier this week. The loan will allow Remington to continue pursuing a deal to reduce $ 620 million in debt. The …

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Tesla Bonds are in free fall

The creditors of Elon Musk suddenly have a serious remorse from the buyers. In August, they embarked on the chance to finance Tesla Inc.'s ambitious launch of its Model 3 sedan. Borrowed by Musk's personal appeals, bond investors ignored the car maker's productive cash draw and repeated failure to meet production targets, lending him $ 1.8 billion at record low …

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Peter Munk, entrepreneur who founded Barrick, dies at 90

Peter Munk, the Canadian immigrant, Barrick Gold Corp. Founded in the early 1980s and transformed from a small operation into a global empire, has died. He was 90. The company announced its death Wednesday in a statement. No Reason Was Given Photographer: Scott Eells / Bloomberg A serial entrepreneur, Munk's ventures ranged from high-end electronics to real estate. But as …

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Do users really delete their Facebook accounts? It's complicated

CLOSE Facebook faces the dilemma of losing the confidence and even the users of Cambridge Analytica's data loss. Jefferson Graham reports. "I do not think we see a significant number of people reacting to it," said Facebook CEO Mark Zuckerberg last week on the # DeleteFacebook chatter on Facebook and other social media. "But, you know, it's not good." (Photo: …

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Carnival Cruise offers Virginia Teen a luxurious journey in exchange for his Snapchat grip

Carnival Cruise Line offered a Virginia teenager a free trip in exchange for his Snapchat grip. (Reuters) Carnival Cruise traveled to Virginia on Tuesday to make a deal a teenager could not refuse. The shipping company offered Darian Lipscomb, 15, of Prospect, Virginia, a free trip for him and his family in exchange for his Snapchat grip called @CarnivalCruise. Lipscomb, …

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2 pilots in different planes saw the same UFO. The FAA can not explain it.

Two separate flights reported that they had seen the same "UFO" in the Arizona desert in February. Two aircraft pilots discovered a mysterious, reflective object. it is not widespread. According to radio broadcasts between the confused pilots and air traffic controllers (thanks to an FAA recording recently published in the Phoenix New Times), the sighting took place around 3:30 pm …

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No plans to crack down on Amazon

CLOSE Amazon shares fell 6% after President Trump planned to "follow up" the company. Axios reports that Trump is trying to change Amazon's tax treatment. Buzz60 SAN FRANCISCO – The White House rejects a report that President Trump wanted to pursue "Amazon," a supposed threat that had cut the retail giant's market value by billions of dollars. Asked for the …

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