Internet Crimes Cost Americans $6.9 Billion in 2021, FBI Reports
Internet crime in the U.S. increased 7 percent in 2021, resulting in losses of more than $6.9 billion, the FBI’s Internet Crime Complaint Center (IC3) said in a report released Tuesday. The report analyzed more than 847,000 complaints of potential…
Consumers earned over $3 billion in trade-ins last year
Assurant released its 2021 Annual Trade-in and Upgrade Industry Trends report, and the results are intriguing. Through smartphone trade-in and upgrade programs, consumers earned over $3 billion in 2021. This amount is up by nearly $1 billion from 2020.…
Simon Greenstone Panatier Law Firm Proud of $1.85 Billion Texas Opioid Settlement | News
DALLAS, Feb. 17, 2022 /PRNewswire/ — Simon Greenstone Panatier, PC, announced today that the firm’s lead attorney in opioid litigation, Jeffrey B. Simon, working with a committee of trial lawyers and the Office of the Texas Attorney General,…
Intel pays $5.4 billion for Israeli chipmaker Tower Semiconductor, expanding foray into contract manufacturing
Intel confirmed Tuesday that it will pay $5.4 billion for an Israeli company that makes specialized computer chips for other businesses. The deal for Tower Semiconductor represents Intel’s biggest acquisition under CEO Pat Gelsinger and is the company’s…
Factories Just Ruined 16 Billion Gigabytes of Flash Storage
Two major manufacturers of flash memory chips experienced contamination at their facilities, destroying an estimated 16 billion gigabytes’ worth of storage. Flash memory is used in standalone camera memory cards, as well as in the solid-state…
These 6 Stocks Are Netting Warren Buffett a Combined $4.1 Billion in Annual Dividend Income
Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett has a knack for making money. The Oracle of Omaha, as he’s come to be known, has a net worth above $114 billion, not counting the $41 billion he’s donated to charity since 2006.…
SSD Prices Could Spike After WD Reports Contamination Of 6.5 Billion GB Of NAND Chips
© Provided by Geek Culture Just as you thought PC component prices hitting an all-time was bad, it’s possibly going to get worse with this piece of unfortunate SSD mishap. © Provided by Geek Culture Following reports of a manufacturing contamination at a…
It’s official: Nvidia calls off $40 billion deal to buy Arm
TL;DR Nvidia has announced that it will no longer buy chip designer Arm. The graphics company cited major regulatory hurdles as a reason for the deal being called off. Back in September 2020, Nvidia announced a $40 billion deal to buy influential chip…
China’s Bezos Pledges $2.3 Billion Amid China’s Tech Donation Rush
Richard Liu, the founder of Chinese ecommerce giant JD.com, plans to give $2.3 billion worth of shares to charity. He follows his peers who have in recent months donated more than $10 billion worth of personal wealth and stakes in their companies.…
Bungie to be acquired by Sony in deal worth $3.6 billion
Microsoft isn’t the only video game giant dropping big money on acquisitions. Sony, which makes the PlayStation, announced a deal to buy video game studio Bungie for $3.6 billion. The independent studio not only makes the popular online action game…