Monthly Archives: February 2018

Tech Giants Inviting Govt Intervention: Bill Gates

The nation’s biggest tech companies think they’re above the law and risk government intervention if they don’t change their attitude, according to Microsoft Corp. (MSFT) co-founder Bill Gates. “Tech companies have to be careful that they’re not trying to think their view is more important than the government’s view, or than the government being able to …

Flat Yield Curve

What is the ‘Flat Yield Curve’ The flat yield curve is a yield curve in which there is little difference between short-term and long-term rates for bonds of the same credit quality. This type of yield curve is often seen during transitions between normal and inverted curves. The difference between a flat yield curve and …

InVia Robotics wants to bring subscription-based robotics to ecommerce warehouses

InVia Robotics, a company that’s setting out to provide ecommerce fulfillment centers with automated robotics technology, has raised $9 million in a series A round of funding led by Upfront Ventures, with participation from Embark Ventures. The figure also constitutes a $3 million loan from Comerica. Founded out of Westlake Village, California, in 2015, InVia …

Walmart embraces the cloud to take on Amazon

(Reuters) — One of Walmart’s best chances at taking on Amazon.com in ecommerce lies with six giant server farms, each larger than ten football fields. These facilities, which cost Walmart millions of dollars and took nearly five years to build, are starting to pay off. The retailer’s online sales have been on a tear for …