Virgin-Hyperloop-HCC-Rendering-1- Virgin Hyperloop-techxmedia

Virgin Hyperloop announces location for Hyperloop Certification Center

Virgin Hyperloop also announced a partnership with Abu Dhabi’s Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) to support the development of hyperloop technology and sustainable transportation through advanced A.I. research. About Virgin Hyperloop Virgin Hyperloop has successfully tested hyperloop technology at scale, launching the new mode of mass transportation.

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US - Chip - TECHx

US tightens restrictions on Chinese chipmaker

The new rule requires US firms to get a license before importing products to the company The US Commerce Department has added China’s largest chipmaker, Semiconductor Manufacturing International Corporation (SMIC), to its entity list, after it determined there an “unacceptable risk” that equipment SMIC received could be used for military purposes, Reuters reported. The move blocks […]

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Karolina-Noculak- earnings-techxmedia

Great expectations: Why hopes for an earnings recovery look too high

Most companies have been beating analysts’ expectations. But that’s because those expectations were set extremely low. As the scale of the Covid crisis became clear, analysts slashed their profit expectations with unprecedented vigour. In some weeks, the ratio of profit downgrades to upgrades exceeded that of the 2008 financial crisis. So far, most disappointments have come from energy, consumer discretionary and financials.

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