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Verizon turns on commercial private 5G in U.S.
  + stars: | 2021-06-10 | by ( Supantha Mukherjee | ) sentiment -0.79   time to read: +2 min
REUTERS/Brendan McDermid/File PhotoVerizon Business (VZ.N) on Thursday launched its first commercially available private 5G network in the U.S. to offer businesses and government departments high-speed indoor or outdoor connectivity. Private 5G networks remove the need for businesses to jostle for speed with others on a public network and help enable data-intensive applications that use computer vision, augmented reality and machine learning to increase productivity. Verizon has been trialing private 5G with several customers, including Associated British Ports, and have partnered with the likes of Microsoft (MSFT.O) and Amazon (AMZN.O). The private 5G network, managed by Verizon, would keep all cellular traffic on the premises of the customer to increase security, while authorised remote users can still access applications. Verizon is seeing a lot of demand from financial institutions to increase speed of trading flows using 5G, and warehouses, which are planning to use robots and autonomous vehicles, Sampath said.
Persons: Brendan McDermid, Sampath Organizations: Verizon, REUTERS, Private, Associated, Associated British Ports, Microsoft, Corning, Tyndall Air Force Base, Marine Corps Air Station Miramar, Nokia, Samsung, Thomson Locations: New York City, U.S, Associated British, WeWork
Taiwan was ranked the best place for expats to live in a recent survey from Internations. Insider spoke to seven expats in Taiwan about what it's been like living there, both before and during the pandemic. Expats ranked Taiwan higher than anywhere else when it comes to quality of life, working abroad, and friendliness. Many expats who've set up camp on the island live a cushy lifestyle thanks to the benefits provided by their companies. Free housing is no small thing, particularly in the capital of Taipei, where most expats live.
Persons: it's, Maria José Cubero, She's, Maria José, expats, Steve Burson, Amy Liu, they're, Burson, Bert Van Dijk, They've, Van Dijk, Lotte, Angelique, Pepijn, Tuni Nguyen, Nguyen, there's, Tuni Nguyen Brian Cragun, we've, Cragun, Liu, Anne Marie Nolan, he's, they've, Michaela Farrell, Ørsted, Farrell, Nolan, who's, Ayush Bagla, Ayush, Bagla, don't, Ceng Shou Yi, they'd Organizations: Internations, of Labor, Relo Network Asia, ECA, Hsinchu International School, Nike, Ackuretta Technologies, Relo Network, Getty Images, The New York Times, Reuters, expats Locations: Taiwan, Asia, Costa Rica, Taoyuan, Maryland, Munich, Japan, Malaysia, Korea, China, Taipei, Taipei's expat, Netherlands, Hsinchu City, Germany, Copenhagen, American, Asian, Seoul, Manila, Okinawa, Thailand, Hong Kong, Singapore, COVID, Corning, Kaohsiung City, Bangalore, India, Relo Network Asia, Taoyuan Airport, Getty Images Taiwan
The Price of Glittering Glass
  + stars: | 2021-04-23 | by ( Susan Delson | ) + 1.00   time to read: +2 min
No wonder fashionable men embraced formal wear encrusted with dazzling glass-jewel embroidery, turning themselves into literal mirrors. “In Sparkling Company: Glass and the Costs of Social Life in Britain During the 1700s,” a exhibition opening May 22 at the Corning Museum, surveys the etiquette and styles that new forms of glass inspired among the period’s elite. Smooth and reflective, glass “really resonated with the polished and polite ideas of modernity,” said Mr. Maxwell, who curated the show. Exemplifying the use of glass in fashion, a man’s formal coat and waistcoat, made in France around 1780, glimmer with glass-paste “jewels” and embroidery. “The British elite flocked to Paris whenever peacetime permitted, to stock up on French fashions and French luxury goods,” said Mr. Maxwell.
Persons: , , Christopher Maxwell, Maxwell Organizations: Corning, of, Corning Museum, British Locations: of Glass, Corning, N.Y, Britain, France, Paris, British
When heated to a high temperature and then cooled, new chemical composition can change the way glass behaves. For Gorilla Glass, Corning narrows down the number of compositions to a few dozen, does more melting, then picks two or three candidates to test. It can take one to three years of testing to reach the one composition Corning ends up putting into the next generation of Gorilla Glass. The U.S. is entering a new cycle of investment in broadband connectivity, and fiber supplier Corning is poised to reap the benefits, according to JPMorgan. The investment firm upgraded the glassmaker-turned-tech supplier to overweight from neutral on Monday, saying in a note to clients that the company's should capture the majority of the rising spending on fiber in U.S.
Persons: Corning Organizations: Corning, JPMorgan Locations: Corning, U.S
Here are Monday's biggest analyst calls of the day: Netflix, Snap, Corning, Vizio, Alphabet & morePublished Mon, Apr 19 2021 8:14 AM EDT
Organizations: Netflix Locations: Vizio
CFO Pay Rises as Their Companies Navigate Coronavirus Pandemic
  + stars: | 2021-04-15 | by ( Kristin Broughton | ) + 0.00   time to read: +6 min
Finance executives at America’s biggest companies received a collective 7% pay rise last year as many of them steered their firms’ finances through the pandemic, though not all saw their compensation increase. CFOs last year played a central role in navigating their companies through the economic downturn caused by the coronavirus pandemic. Some companies, including mattress maker Sleep Number Corp. and specialty glass company Corning Inc., handed their executives stock awards for temporarily giving up part of their salaries. Companies with fiscal years ending on Dec. 31 typically decide on bonuses at the end of the year and pay awards early in the following year. Still, some CFOs received pay packages that came close to rivaling those of their CEOs.
Persons: CFOs, Courtney Yu, Mr, Yu, Leeny Oberg, Pierre Breber, Oberg, Breber, Carolina Dybeck Happe, Jamie Miller, Happe, Miller, Dybeck, Willis Towers Watson, , , Melissa Burek, hasn’t, Don, Willis, ” Mr, John Stephens, John Stankey, Stankey, Stephens, Randall Stephenson’s, Barry Toren, Korn, Kristin Broughton Organizations: America’s, Equity, Corning Inc, Wall, Marriott International Inc, Chevron Corp, General Electric Co, MAERSK, GE, Partners, Willis Towers, T Inc, Fortune, , North America Locations: Carolina, Kristin.Broughton
Corning Inc. will substantially increase production of glass vials for Covid-19 vaccines after receiving more federal funding, the latest step to meet heavy demand for a vital vaccine component. The company will use the $57 million in funding from the U.S. government to expand glass-vial manufacturing capabilities, said Brendan Mosher, vice president and general manager of the company’s pharmaceutical technologies business. Corning now expects to produce 150 million vials this year, a 50% increase from what it previously expected. The increased output should help ease tight supplies of the glass vials, which are essential to storing the Covid-19 vaccines that governments have been counting on to help end the pandemic. Glass vials—and the special medical glass used to make them—have been in heavy demand ever since the pandemic hit.
Persons: Brendan Mosher, Corning Organizations: Corning Inc, U.S
In late February, Reed said he was seriously considering running for governor against Cuomo should the Democrat seek a fourth term next year. Reed said in his statement Sunday that he would not seek any elective office in 2022. Simply put, my behavior caused her pain, showed her disrespect and was unprofessional. I was wrong, I am sorry, and I take full responsibility.”A former mayor of Corning, New York, Reed is co-chair of the House of Representatives' bipartisan Problem Solvers Caucus. He voted against impeaching former President Donald Trump in January but voted in favor of certifying the 2020 election of Democrat Joe Biden.
Persons: Tom Reed, Reed, Nicolette Davis, , , ” Reed, Davis, Andrew Cuomo, Cuomo, Donald Trump, Joe Biden Organizations: Rep, Republican, Sunday, Democratic Gov, Washington Post, Aflac, Representatives Locations: New York, Minneapolis, Aflac, Corning , New York
Companies who deal with Apple are held to strict nondisclosure agreements, even if they are public companies and Apple is a major customer. While nondisclosure agreements are common in high tech, people who work with Apple say it takes confidential information more seriously than competitors. Apple tells partners they can't mention Apple in public or to the media, according to people familiar with the matter who didn't want to be identified to avoid risking their relationship with Apple. Some companies can engage in limited discussions of their business with Apple, especially if Apple has publicly talked about the relationship and approves. Inside the company, we have a codename for Apple, we never even say 'Apple' inside the company," Corning CEO Wendell Weeks said on an earnings call in October.
Persons: Apple, Corning, Wendell Weeks Organizations: Hyundai, Apple, Companies, GT Advanced Technologies Locations: Corning, American
Logistics technology provider project44 raised $100 million in a Series D funding round that will help to expand the reach of its supply-chain visibility software and build its business as it weighs a potential public stock offering over the long term. The funding round was led by existing investor Insight Partners, and backing from 8VC, Emergence Capital Partners, Omidyar Technology Ventures, Sapphire Ventures LLC, Sozo Ventures, and Underscore VC. Increased investor attention is driving up valuations for supply-chain technology companies. In October supply-chain software provider E2open LLC said it plans to go public through a merger with a blank-check company valuing the business at about $2.57 billion. Corrections & AmplificationsOmidyar Technology Ventures were participants in the latest funding round for project44.
Persons: , Jett McCandless, Covid, Ryan Yost, Avery Dennison, McCandless, Mr, Owens, project44, Ross Devor, “ Project44, Paul Page Organizations: Logistics, Insight Partners, 8VC, Capital Partners, Omidyar Technology Ventures, Sapphire Ventures, Sozo Ventures, Supply, Avery, Avery Dennison Corp, Research, Gartner Inc, E2open, Inc, PepsiCo, Dollar, Corp, Tractor Supply, General Mills Inc, SAP, Oracle Corp, Corrections, Amplifications, Technology Ventures, Omidyar Locations: Glendale, Calif, Chicago, Owens Corning, Electrolux
Recent scrutiny has forced the issue of congressional stock trading into the limelight. Perdue, meanwhile, is the former CEO ofCritics of congressional stock trading believe lawmakers must pass stricter regulations to keep members of Congress from dabbling in investments affected by the very laws they write. Congressional stock tradingCongressional insider trading -- the use of nonpublic information for one's financial benefit -- was outlawed in 2012 through the STOCK Act. Congressional stock trading activity dropped by some two-thirds after 2012, according to a study by nonprofit consumer advocacy organization Public Citizen. The most active trader in the SenatePerdue is a poster child for the complexity of congressional stock trading issues because of the sheer volume of his trades.
Persons: David Perdue, Kelly Loeffler, James Cox, Cox, It's, Perdue, Loeffler's, Jeffrey Sprecher, ofand, Craig Holman, Dianne Feinstein, Richard Burr, Cardlytics CDLX Perdue, didn't, Loeffler, Holman, he's, John Burke, Perdue doesn't, Burke, BWX, Corning, Thomas R, Beall, Martin Yang, Oppenheimer, Yahya Abou, Ghazala Organizations: CNN Business, Georgia, Duke University, Intercontinental Exchange ICE, Loeffler, New York Stock Exchange, Public, Public Citizen, Republican, Justice Department, Senate, Reuters, U.S . Department of Justice, DOJ, CNN, Department of Justice, Securities and Exchange Commission, Senate Armed Services Committee, National Defense, BWX Technologies, US Navy, Committee, Corning's Locations: York, Washington, America's, Georgia, Corning, America
Traders talk outside the New York Stock Exchange (NYSE) in New York City, New York, U.S., November 9, 2020. With the S&P 500 up 9% in six trading sessions to an all-time intraday high, many are looking at parts of the market as overbought. Others agree, but say it doesn't matter in this strange mix of election and vaccine news. Citigroup's Tobias Levkovich notes that there are three "buckets" of value stocks: financials, industrials and the "Covid-impaired groups" like travel and leisure. Except the market is at an historic high, and much of what has moved, even in the value space, has moved up very fast.
Persons: Banks, Citigroup's Tobias Levkovich, That's, Levkovich, Rand, Sherwin Williams, Ingersoll, there's, Tom Lee, Brian Belski Organizations: New York Stock Exchange, Lowry Research, Delta Airlines, CNBC, Bank, Fifth, PNC, Manufacturing, Honeywell, Ingersoll Rand, Federal Reserve, BMO, CNBC PRO Locations: New York City , New York, U.S, United States, Eaton, Corning, Dover, Ingersoll
Pfizer is marshaling a massive new cold-storage supply chain to handle the delicate dance of transporting limited doses of its coronavirus vaccine from manufacturer to any point of use within two days. Experts say it will be a “Herculean effort” requiring several new technologies to work in flawless concert to safely deliver every dose of the drug. From there, the vaccines will be packed below dry ice inside thermal containers expressly designed by the company for this vaccine’s delivery. That is achieved with decades-old supply chain arrangements and tried and tested technologies,” Tom Goldsby, a logistics professor at the University of Tennessee, said in an email. ‘We will rely on professionals across the full spectrum of the supply chain from the military to civilian sector manufacturers, distributors ... transportation providers … and the health care organizations called upon to achieve this Herculean effort,” Goldsby said.
Persons: Kim Bencker, ” Bencker, Joe Biden's, Donald Trump's, Gustave Perna, Tiberius, Tom Goldsby, Corning, Gabrielle Bailey, ” Goldsby, Albert Bourla, Bourla, ” Bourla Organizations: Pfizer, U.S . Food, Drug Administration, NBC News, CDC, CBS, University of Tennessee Locations: U.S, Kalamazoo , Michigan, Pleasant Prairie , Wisconsin
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