Semiconductor industry
US stocks closed lower on Monday after losses in the Oil&Gas, Basic Materials, and Industrials sectors led shares lower. The Dow Jones Industrial Average fell 0.26%, while the S&P 500 index declined 0.39%, and the NASDAQ Composite index dropped 0.34%. Despite the decline,
Semiconductor industry
Honeywell Process Solutions (HPS), a leader in the industrial automation space, has partnered with Intel Security to provide enhanced security software to protect critical industrial infrastructure and the Industrial Internet of Things (IIoT). As the threat of cyber attacks on industrial targets continues to grow, HPS has integrated Intel Security&
Semiconductor industry
For decades, the Interfaith Center on Corporate Responsibility (ICCR) has been a driving force in pushing Fortune 500 companies to adopt policies that prioritize both shareholder interests and the well-being of the global community. With its network of over 300 religious organizations, the ICCR has successfully gained access to the
Semiconductor industry
The U.S. Senate has granted President Obama "fast track" powers, allowing the White House to secure trade agreements more easily. This move has generated reactions from numerous companies, potentially signaling a quickened negotiation pace for the Trans-Pacific Partnership (TPP). The "fast track" approval greatly increases
Semiconductor industry
A coalition of tech companies has come together to standardize the use of container software through the Open Container Project (OCP), which aims to ensure the technology remains open and independent of any one vendor's software. Docker, having become the "de facto standard" for containers, has
Semiconductor industry
The US Department of Homeland Security's Federal Emergency Management Agency (FEMA) has introduced the Tech Corps program, a nationwide network of skilled technology volunteers who can address critical technology gaps during a disaster. Seven organizations, including Cisco Systems, Google, and Microsoft, have joined the program to provide state,
Semiconductor industry
Over the past two decades, Distinguished University Professor S.V. Babu has led the research and development of chemical-mechanical planarization (CMP) at Clarkson University's Center for Advanced Materials Processing (CAMP). CMP is a crucial enabling technology for the fabrication of complex logic and memory devices and other integrated
Semiconductor industry
Industry visionaries from top companies, including Ford Motor Co., Nissan Motor Co., and Ferrari, will gather in Detroit on June 2-3 for the Automotive Simulation World Congress, hosted by ANSYS. The two-day event will feature dynamic plenary sessions, technical talks, exhibits, case studies, and the latest simulation technology advances, showcasing
Semiconductor industry
Alibaba Group Holding is strengthening its presence in cloud computing across Asia, with ambitions to expand into the US and European markets. The Chinese e-commerce leader has partnered with top technology brands to enhance its cloud computing services, which currently account for 2% of its revenue. Alibaba's cloud
Semiconductor industry
Tech Mergers and acquisitions are on the rise, with several major deals announced or rumored in recent months. Despite speculation about a possible Google acquisition of Twitter, other big tech deals are gaining attention. Microsoft, for instance, acquired Mojang, the developer of Minecraft, in September 2014 for $2.5 billion.
Semiconductor industry
As the week came to a close, stocks retreated following the release of various economic data and the ongoing Greece crisis. The Labor Department reported a higher-than-expected U.S. jobs growth in May, with nonfarm payrolls increasing by 280,000. The unemployment rate rose to 5.5% from 5.4%
Semiconductor industry
Stocks finished the week lower as revised gross domestic product (GDP) numbers confirmed expectations that the economy shrank in the first quarter of the year. The second estimate of GDP showed a 0.7% contraction, down from the previous estimate of a 0.2% growth, but better than the forecasted
