Business Archive

Now I may be a simple country tech reporter, but I’m not sure that’s such a good idea. Matt Perault, former Facebook public policy director, points out why in this quote from the Post:

Even though it may seem like the deal will lower fees for customers, that may not be the case for everyone. The settlement will allow retailers to charge more when customers use premium cards that offer cashback rewards and other perks, as these come with higher swipe fees.

One company claims that 14 percent of manufacturing and automotive jobs will be automated in the next four years, and Goldman Sachs projects that the humanoid robot market could reach $38 billion by 2035 — at least if robots like Tesla’s Optimus can become as capable as their makers are claiming they will be.

Amazon says this will grow same-day deliveries to over a dozen cities in the US by the end of the year. Pharmacy chains like Walgreens already offer same-day deliveries for a variable fee depending on location.

Additionally, Boeing announced that its Commercial Airplanes CEO Stan Deal is retiring and will be replaced by Stephanie Pope starting today. The company’s board chair Larry Kellner will also not stand for reelection, with Steve Mollenkopf serving as his replacement.

With its current share price of $48, the 19-year-old website now has a market cap of $7.6 billion as it pursues business growth via “advertising, monetizing commerce on the platform, and licensing data.”

Paramount is also reportedly discussing a deal from Skydance Media, which has offered to merge with the entertainment giant and buy Paramount’s parent company National Amusements.

It also recalls last fall’s news that the US government added an “additional licensing requirement” for Nvidia and AMD AI shipments to unspecified Middle Eastern countries.

Nokia, of course, leaned into, ahem, patent licensing and networking equipment as its business many years ago, and reminded people of it with last year’s logo redesign. Companies paying Nokia licensing fees include HTC, Apple, and more recently, Oppo.