dow-jones-is-rising,-tech-stocks-are-less-dragging

Dow Jones is rising, tech stocks are less dragging

After a brilliant start to the week, the US leading index Dow Jones went a step further on Tuesday. It moved up by 0, 74 percent to 29. 420, 92 points before. The day before, the leading index had already reached a record high in early trading and was close to the 30. 000 points. He was driven by the prospect of an effective vaccine against the lung disease Covid – 19 and of the victory of the Democrat Joe Biden in the US presidential election.

Profit-taking from tech giants such as Amazon, Facebook, Microsoft and AMD pushed against it the technology-heavy Nasdaq exchange. So the Nasdaq 100 extended the losses from Monday, he lost another 1, 74 Percent on 11. 624, 29 counter. This could mean that the big players in the Internet, social media, software and semiconductors industries could lose their status as the driving force behind the stock exchanges for the time being, which they had in recent months.

The S&P 500 announced on Tuesday at 0, 14 percent on 3545, 53 points after. Like the Dow Jones, the market-wide stock market barometer had reached a record high the day before.

Amazon fell by 3.5 percent. According to the EU competition watchdog, Amazon violates antitrust regulations. The EU Commission accuses the company of systematically using non-public business data from independent retailers for its own retail business. If the competition watchdogs stick to their assessment, Amazon threatens a billions in fine.

The shares of the pharmaceutical wholesaler Walgreens Boots Alliance sat at the top of the Dow, they rose by 6.5 percent. The investment bank Morgan Stanley identified an additional sales potential of 8.5 billion US dollars for the company, should it play an important role in the distribution of a corona vaccine in the USA.

Biontech flying high Biontech papers rose by a further 7.6 percent after they had already been changed the day before 14 percent climbed. Pfizer lost 1.3 percent. Positive study results on a corona vaccine had driven the papers of the two cooperation partners and also the stock markets up strongly the day before.

The papers of Curevac traded in the USA advanced by more than twelve percent. They benefited from the interim results of a study on a Covid vaccine candidate from the biopharmaceutical company. Like Biontech, Tübingen-based Curevac is also working at full speed on a vaccine against the coronavirus.

The meat substitute manufacturer Beyond Meat suffered heavily from the corona crisis in the third quarter and clearly fell short of expectations. The bottom line was a loss of 19, 3 million dollars. The sales of the company, which is actually known for its rapid growth, only increased by a meager 2.7 percent. The shares plummeted by almost 17 percent.

Stable euro The euro was stable and was most recently listed at 1, 1807 dollars. The European Central Bank (ECB) previously had the reference rate at 1, 1808 (Monday: 1, 1883) US dollars. The dollar had thus cost 0, 8469 (0, 8415) euros. On the bond market, the prices increased the losses from the beginning of the week. The futures contract for ten-year Treasuries (T-Note-Future) fell by 0.2 percent to 137, 52 points. The yield on the ten-year bond rose accordingly to 0, 92 percent.

(olb)

new-corona-restrictions:-internet-use-at-home-remains-almost-the-same

New corona restrictions: Internet use at home remains almost the same

After the corona-related closure of restaurants and leisure facilities, little has changed in the way German citizens use the internet. At Vodafone, the fixed network data volume used increased by seven percent in the week from last Monday compared to the previous week. But in the week of March, when much tougher corona rules took effect, many office workers switched to home office and exchanged views with their colleagues in video conferences, the plus was 40 percent in Compared to the previous week.

No major effects of the new restrictions The Deutsche Telekom and Telefónica have not reported any major corona effects since the beginning of November. In the Telekom fixed network, the maximum values ​​for data usage (peaks) in the past week were at the level of March, as the company announced. However, this also has seasonal effects – in spring and summer, people are generally more outside and less at home in front of the television or laptop.

Telefónica registered on the other hand, “no special peaks due to the partial lockdown,” said a company spokesman. The cuts of the current measures are not as far-reaching as they were in March. Retail, schools and daycare centers are still open and many people have been largely working from home since March. “There was no renewed migration of data usage there like in the spring. There was now no big new wave.”

Big difference to the previous year Compared to the previous year – i.e. before the corona pandemic – the difference in data usage is clear: At Vodafone, the fixed-line data volume soared from the beginning of November 2019 until the beginning of November 2020 by almost 40 Percent up, and the landline phone was used significantly more. “People surf the web and make more phone calls because they work from home, learn and stay in contact with their friends,” said Vodafone’s chief technology officer, Gerhard Mack.

“In the evenings there are more often the good old ones Movies evening with the family. ” The highest data throughput (“peak time”) is currently at Vodafone in the evening around 21 o’clock. However: Part of the increase in data compared to the previous year is due to the general trend towards more data-intensive applications in the network.

(mho)

digital-capitalism:-public-law-platforms-against-facebook-&-co.

Digital capitalism: Public law platforms against Facebook & Co.

“The social media are outside of our constitutional system,” complained Shoshana Zuboff, who coined the term surveillance capitalism, on Tuesday at the start of the online congress “Digital capitalism – a turning point through Corona?” of the Friedrich Ebert Foundation. When Facebook went public, the founder Mark Zuckerberg was given “total control over the world’s dominant communication channels”. For the US economist there is no doubt: The big platforms must be “placed under democratic control”.

Our dependency made clear The corona pandemic “shows us our dependence,” said Zuboff. Even politicians rely on Facebook and Twitter “to communicate with their voters”. The greats from Silicon Valley have achieved “unacceptable power”. The invasion of almost all living spaces and privacy by tech companies such as Amazon, Google or Microsoft is meanwhile so total “that we can no longer bear it”.

Citizens would have to resist and encourage politics to hunt in the event of drastic regulatory measures, the Harvard professor emeritus put forward as the slogan. We humans have entered the digital age “naked”, “without specific rights and institutional forums”. This is comparable to the situation at the end of 19. Century in industrial capitalism, when there was no fair pay and no regulated working hours for workers and, for example, no banking supervision. Political reactions are now comparable to those in 20. Century, on surveillance capitalism.

It is important to dissuade the digital economic system from purely extracting and marketing personal information, said Zuboff at the 26. November conference a solution approach into play. A competition between public and private actors is important in order to use data appropriately in the interests of the people and, for example, to cure diseases and to counter climate change.

Facebook’s renewed failure The team of the newly elected US President Joe Biden has said little about “tech regulation”, has not escaped the researcher. The failure of Facebook in particular in the past few weeks was so colossal that the “Stop the Stealing” movement was able to organize itself over the network before and after the election. Zuckerberg just looked at the whole “well-oiled machine for disinformation” without doing anything.

Meanwhile, however, 74 percent of the US worried -Americans for misinformation, 75 percent are in favor of better privacy protection, Zuboff referred to studies by the Knight Foundation and Accountable Tech. An even larger proportion of the population has completely lost trust in social media. On Facebook, the “overwhelming majority” is that the platform divides, disseminates toxic content, does not fight against racism and puts “profit over community”. The industry has “a comparably bad image as the tobacco industry”, which will be the wind in the sails of the legislature.

That an initiative for better conditions for drivers from Uber & Co. has failed in California, the author described as a “tragic decision”. The companies concerned had packed their resistance to the project in an ideological campaign in order to preserve alleged freedoms. The gig economy often tries to circumvent laws and builds on the “greed society”. Zuboff urged patience. It also took a long time to enforce a ban on child labor.

Preparation for the next crisis Overall, the 68 – year-old hopes that the world will embark on a third, democratic path between Silicon Valley and China, so that the major platforms are also under a leadership role USA to contain. The EU Commission is planning to take the first steps in December with the draft of a Digital Services Act (DSA). It should oblige systemically important companies to open up their data resources and thus strive for “a little more equality of power”, demanded the Berlin sociologist Philipp Staab. Politicians should secure public control over such portals via open interfaces.

For many areas, the professor considers it crucial to set up public platforms straight away. According to him, it would make sense, for example, to network the retail sector locally with this approach in such a way that it is capable of “same-day delivery” and can involve bicycle couriers immediately. Bringing oneself into complete dependency on a “small number of US leading companies”, on the other hand, is bad for the resilience required especially in times of corona and similar future crises At the hands of Facebook, Google, Amazon and Microsoft, the Berlin professor for sustainable digitization Tilman Santarius pointed out. Since these are also among the content providers, not only is net neutrality at risk, but also the common good in the medium term. The latter also applies to mobility providers who have “not yet implemented any ecological route guidance”.

Public law portals for the public “We need data governance,” countered the expert. Trustees should be installed “who have at least a public mandate” and regulate access to the measured values. Interoperability is also “extremely useful”. But European governments have problems with know-how, money and the will to “achieve the primacy of the political at all”.

That was grist to the mill of SPD leader Saskia Esken, who has long advocated the “sharing” of non-personal company data and a “public infrastructure company”, at least for broadband expansion. It is overdue to bring such projects into the hands of the state in order to “finally put an end to the embarrassing failure” in closing white gaps in the Internet supply, the Social Democrat now underlined. She advocated the motto: “Public money, public good.”

“We need platforms for collaboration, of which we know that the communication and the data remain private,” emphasized Esken. The state should offer this. She raised the question of whether a search engine that opens up “central access to the knowledge of the world” for many should be in private hands. Online portals would also have to give users “insight into their sorting and filtering algorithms”, which should be enforced at EU level. In any case, she wants to strengthen the “ability of civil society to organize itself via public service platforms”.

(mho)

western-digital-gets-into-industrial-grade-m.2-ssds-with-the-ix-sn530

Western Digital Gets Into Industrial-Grade M.2 SSDs With the IX SN530



(Image credit: Western Digital)

Historically, industrial-grade SSDs have had to offer reliability, endurance and extended temperatures support. Today, they also need to feature high capacity, plus high performance. To that end, a number of the best SSD makers started to offer industrial-class drives in M.2 form-factors in recent years. Western Digital wasn’t one of them — until this week. On Tuesday, the brand introduced its first M.2 SSDs for emerging automotive, industrial and Internet of Things (IoT) applications.

(Image credit: Western Digital)

The Western Digital IX SN530 is based on the company’s own controller and firmware, as well as 96-layer 3D TLC NAND memory that can work in TLC or SLC mode. 

Depending on endurance requirements, the IX SN530 can offer 256GB-2TB of 3D TLC NAND or 85GB-340GB of 3D SLC NAND memory. TLC drives are rated for up to 5,200TBW (terabytes written); whereas, SLC SSDs are rated for up to 24PBW (petabytes written). 

(Image credit: Western Digital)

As far as performance is concerned, Western Digital claims the IX SN530 drives offer up to 2,400 MBps sequential read speed as well as up to 1,950 MBps sequential write speed. 

The manufacturer claims that the new drives feature a comprehensive NVMe 1.4-based thermal management and can survive temperatures between from -40-85 degrees Celsius (-40-185 degrees Fahrenheit)

Being designed for a broad range of emerging applications, (including robotics, industrial computers, IoT gateways and in-flight entertainment systems), Western Digital’s IX SN530 come in M.2 2230 or M.2 2280 form factors and offer various levels of endurance and performance. Essentially, the company’s addressing  multiple markets with a single family of drives, which simplifies its product portfolio and lowers costs. Given that industrial applications tend to have very long lifecycles, expect the IX SN530 to stay on the market for a long time. 

(Image credit: Western Digital)

Western Digital’s IX SN530 drives are now sampling with select customers. Commercial shipments of the SSDs will start after the company’s clients validate and qualify the drives with their applications.