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US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition (Financial Times)

Financial Times: US-based fintech FIS says it will spin off Worldpay, which it acquired for ~$43B in July 2019; FIS stock has dropped around 45% since the acquisition  —  Planned split calls time on merchant solutions arm 4 years after being acquired in $43bn deal  —  US-based financial technology group FIS …

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7 Rules of Building the Warehouse of Tomorrow

Companies have long been looking to uncover the “Warehouse of Tomorrow” to solve all of today’s problems — from labor shortages and capacity crunches to new usage and reliable fulfillment. The approach of building a single location that can serve as a factory, distribution center, and operational HQ remains the dream, but the reality is

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Ouster and Velodyne announce the “completion of their merger of equals”, further consolidating the lidar industry, which is key to Level 4 autonomous vehicles (Ed Garsten/Forbes)

Ed Garsten / Forbes: Ouster and Velodyne announce the “completion of their merger of equals”, further consolidating the lidar industry, which is key to Level 4 autonomous vehicles  —  Lidar companies Ouster and Velodyne announced they have combined in a “merger of equals,” further evidence of a consolidation in the high-tech sensor industry.

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Twilio plans to cut around 17% of its workforce, or roughly 1,500 jobs, after laying off 11% in September 2022 and will form two units to aide efficiency (Ashley Capoot/CNBC)

Ashley Capoot / CNBC: Twilio plans to cut around 17% of its workforce, or roughly 1,500 jobs, after laying off 11% in September 2022 and will form two units to aide efficiency  —  – Twilio on Monday announced plans to cut about 1,500 employees, or around 17% of its workforce, according to a blog post

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A study finds 11 data brokers selling data on Americans’ mental health information, including on antidepressants and insomnia, likely acquired from app makers (Drew Harwell/Washington Post)

Drew Harwell / Washington Post: A study finds 11 data brokers selling data on Americans’ mental health information, including on antidepressants and insomnia, likely acquired from app makers  —  Capitalizing on the pandemic explosion in telehealth and therapy apps that collect details of your mental health needs …

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Analysis: the blended bill of materials for the iPhone 14 Pro Max 128GB is $464 total, up 3.7% on the 13 Pro Max, with 22% down to Apple’s A16 and other chips (Shenghao Bai/Counterpoint Research)

Shenghao Bai / Counterpoint Research: Analysis: the blended bill of materials for the iPhone 14 Pro Max 128GB is $464 total, up 3.7% on the 13 Pro Max, with 22% down to Apple’s A16 and other chips  —  – The blended bill of materials (BoM) cost for the iPhone 14 Pro Max with 128GB Nand

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