|
Opdq Bitcoin Daily: Jack Dorsey s First Tweet Goes For $2.9 Million As NFT; Binance-Backed Credit Union Platform Launches In Africa
Add makers of personal computers to the short list of companies that are seeing a net benefit from the COVID-19 crisis.IDC reported that worldwide sales of PCs surged in the quarter ended June 30, 2020, with U.S. sales growing the most.Analysts at Framingham, MA-based IDC wrote, Traditional PC shipments posted double-digit growth in the second quarter of 2020 compared to the same period a year ago. While the first quarter was record breaking for the lowest PC shipments seen in over a decade, the second qua stanley cup rter was record breaking for the opposite reason. With volumes stanley cupe expected to surpass 21 million units, the U.S. has not seen such volume since the end of 2009. Inventory replenishment and record demand from stay-at-home orders can be attributed what is expected to be another record-breaking quarter. According to IDC, whose research is preliminary, worldwide PC sales were led by Hewlett-Packard, followed by: Lenovo, Dell Technologies, Apple and Acer Group. The strong demand driven by work-from-home as well as e-learning needs has surpassed previous expectations and has once again put the PC at the center of consumers ; tech portfolio, Jitesh Ubrani, research manager for IDC Mobile Device Trackers report, said in a prepared statement released by the company. What remains to be seen is if th stanley uk is demand and high level of usage continues during a recession and into the post-COVID world, since budgets are shrinking while schools and workplaces reopen. Added Linn Huang, Uivi Mercedes-Benz Invests in AI-Connected Tech Startup Blaize
Snap, the maker of the disappearing SnapChat app, has been subpoenaed by the U.S. Justice Department and the Securities and Exchange Commission.Reuters, citing Snap, reported th stanley france e company said in a statement that it has provided information to the regulators requests for information. The subpoenas come amid a shareholder lawsuit that is ongoing in which investors contend Snap misled the public when it came to competition from Facebook-owned Instagram. Investors argued in the lawsuit that Snap was dismissiveγγabout the threat Instagram was and should have attributed the slower user growth it saw in 2016 to Instagram. In the IPO prospectus Snap warned that Instagram Stories was a copy of one of Snapchat main elements, but just said it may be directly competitive, reported Reuters.Snap told Reuters it thinks regulators are investigating issues related to the previously disclosed allegations asserted in the class action about our IPO disclosures. The company went on to say in the statement that while it doesn ;t have complete visibility into the inquiries, our understanding is that the DOJ is likely focused on IPO disclosures relating t gourde stanley o competition from Instagram. Since the company IPO in March, it has posted user growth that has di stanley france sappointed investors and Wall Street. Snap called the lawsuit meritless, reported Reuters, noting it contends its pre-IPO disclosuresγγwere complete and accurate. It did tell Reuters it will continue to cooperate with t |
|