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For many years, investors have been very tolerant as Amazon.com has sacrificed profits for rapid growth in sales and as it built new businesses. That patience may finally be wearing thin.
Telsa Motors delivered the first of its long-awaited Model X electric sports-utility vehicles, a product investors are counting on to make the pioneering company profitable after years of losses.
The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of Australia and Wells Fargo & Co said, resulting in a shipment of cotton to China from the United States.
In the vast, freezing Ross Sea, China’s “Snow Dragon” icebreaker needed to find a safe anchorage before it could begin its mission to set up China’s fifth Antarctic research station. The solution was to deploy one of Zhang Yunfei’s freezer-tested boat drones to map the ocean floor.
For traditional investors, hunting high-yielding returns in an era of ultra-low interest rates, crypto miners could offer a tempting proposition.
The lockdown of millions of people at home across the globe due to the coronavirus should have been the perfect recipe for success for the burgeoning online meal delivery market.
Ericsson AB said Europe risks falling further behind on fifth-generation networks as phone carriers postpone upgrades to the latest cellular technology due to coronavirus lockdowns.