Last week, the U.S. Army announced that it had finalized a $21.9 billion deal to have Microsoft (NASDAQ: MSFT) provide 120,000 augmented-reality (AR) headsets for its troops over the next 10 years. Investors have responded enthusiastically, bidding Microsoft stock up by more than 7% since the announcement. The contract is worth upwards of $21.9 billion and could see Microsoft sell the government more than 120,000 headsets based on its HoloLens 2 hardware.
- Investor's Business Daily
Here's what key international provisions of President Biden's tax plan could mean for Facebook, Apple, Microsoft, Amazon and Google earnings.
Unicorn's got nothing on these sweets. From Delish
Home Depot (HD) closed at $314.43 in the latest trading session, marking a +0.63% move from the prior day.
Now they're joined by one of the biggest tech companies in the world in their efforts to improve the energy efficiency of data centers, because Microsoft is getting into the liquid-immersion cooling market. Microsoft is using a liquid it developed in-house that's engineered to boil at 122 degrees Fahrenheit (lower than the boiling point of water) to act as a heat sink, reducing the temperature inside the servers so they can operate at full power without any risks from overheating. The vapor from the boiling fluid is converted back into a liquid through contact with a cooled condenser in the lid of the tank that stores the servers.
- Town & Country
Heads of government extend their sympathies after the death of Prince Philip, the Duke of Edinburgh.
- Motley Fool
The company didn't really do anything to deserve a drastic discount last month. That didn't stop market forces from making it happen anyhow.
Amazon.com Inc's fierce resistance to unionization, skepticism among workers that organizing could get them a better deal and decisions on election parameters all contributed to the apparently lopsided defeat of a labour drive at the company's warehouse in Bessemer, Alabama, people close to the events said. A vote by workers on whether to unionize failed on Friday by a more than 2-to-1 margin in a major win for the world's largest online retailer. The union plans to challenge the results based on Amazon's conduct during the election.
- Architectural Digest
While locations of the kitchen and bathrooms are set, clients can customize the layouts to fit their needs, including open or traditional floor plans, and add amenities such as balconies, gardens, and parking. Architect Jeffrey Sommers of Square Root designed the semi-customizable C3 Pre-fab—the first LEED Platinum–certified home in Chicago—using corrugated Galvalume, reclaimed wood, and fiber cement. Modular construction allowed the firm to build on a narrow site that would have not have allowed traditional building methods.
- Raleigh News and Observer
“He worked every day to become a better version of himself and brought light and joy into the lives of his peers, teachers, and support staff in our building,” his seventh-grade science teacher wrote.
- Miami Herald
There’s no greater need for the Dolphins on defense in this draft than finding another edge rusher, a position where Miami is lacking after the offseason jettisoning of Kyle Van Noy (released) and Shaq Lawson (traded to Houston for linebacker Benardrick McKinney).
- Raleigh News and Observer
Perhaps no one in NASCAR is more polarizing than Noah Gragson, who threw punches on pit road during his last race at Atlanta. But JR Motorsports co-owner Kelley Earnhardt Miller knows another side of Noah — and racing.
A forensic pathologist testifies that Mr Floyd's heart and lungs stopped because of a lack of oxygen.
- The Independent
Biden gun control: Don Jr and Cruz lead GOP outrage as President declares ‘no amendment is absolute’
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- The Daily Beast
Joe Raedle/GettyAfter 10 days of relentless developments in the Rep. Matt Gaetz (R-FL) saga of scandals, the Florida Republican reemerged Friday evening to mostly ignore the most recent and damning reports and offer boilerplate MAGA defenses and applause lines.“I’m built for the battle, and I’m not going anywhere,” Gaetz told attendees at the Save America Summit at Trump Doral in Miami, Florida.As Gaetz tries to brush aside reports that he’s under investigation for paying women for sex—including, potentially, an underage minor—Gaetz seemed to see no irony in addressing an event hosted by “Women for America First.” Instead, he claimed the reports were “smears” and “wild conspiracy theories” promoted by a “lying media.”As the sun set on one of Trump’s golf clubs, Gaetz was celebrated as a hero and a “fearless leader.”Gaetz Paid Accused Sex Trafficker, Who Then Venmo’d TeenThe congressman kicked things off by regurgitating the lie that the 2020 “election was stolen” from former President Donald Trump, due to “changes to the rules.” He then moved into familiar “America First” boosterism before saying the past week had been “full of encouragement.”But outside the warm confines of another Trump property, the list of Gaetz scandals is growing and intensifying. Just a few hours before Gaetz spoke Friday, the House Ethics Committee announced it was also opening an investigation into the “public allegations” against him—and the usually laconic press release offered a laundry list of complaints.“The Committee is aware of public allegations that Representative Matt Gaetz may have engaged in sexual misconduct and/or illicit drug use, shared inappropriate images or videos on the House floor, misused state identification records, converted campaign funds for personal use, and/or accepted a bribe/improper gratuity, or impermissible gift in violation of House rules,” the Committee wrote in a letter.And yet, no one in attendance for the “Dinner and Drinks with Rep. Matt Gaetz” event would have known that he is potentially fighting for his political future and, more importantly, his freedom. He delivered a speech that largely could have been recited at any Trump rally during the last four years.Still, as much as Gaetz continues to associate himself with the Trump brand, Trump himself appears to be keeping his distance.Republicans Have Been Waiting for a Matt Gaetz Scandal to BreakAs The Daily Beast reported late last week, advisers to the ex-president implored Trump to not publicly defend Gaetz, at least until more was known about the veracity of the allegations regarding a sexual relationship with a 17-year-old girl and the federal probe. For the most part, Trump has privately agreed with that advice, and various Trumpworld luminaries, members of the Trump family, and top Republicans and conservative media stars have shut the hell up about the Gaetz scandal.Some are already preparing to wash their hands of the loyal MAGA soldier, despite years of Gaetz vigorously going to bat for Trump on nearly every scandal or major controversy.None of the 16 former senior Trump admin officials, ex-campaign brass, longtime GOP operatives, and sources close to the ex-president contacted by The Daily Beast were willing to defend Gaetz on the record. Not a single one would even do so anonymously.When former President Trump finally did issue a statement on Gaetz on Wednesday, it was a brief, mostly self-serving statement that offered a half-hearted defense at best."Congressman Matt Gaetz has never asked me for a pardon," Trump said in a statement, after reports that Gaetz sought a blanket pardon for himself and other Trump cheerleaders. "It must also be remembered that he has totally denied the accusations against him."But for Gaetz, it’s all the vindication he needs.“The best is indeed yet to come,” Gaetz said at Friday night’s event.Matt Gaetz Said His ‘Travel Records’ Would Exonerate Him. Not So Fast.It’s a sentiment lifted from the 2020 Republican National Convention speech of Kimberly Guilfoyle, a prominent Trump ally and Donald Trump Jr.’s girlfriend.In the intervening time between when Guilfoyle first bellowed those words and when Gaetz said them Friday, Joe Biden beat Trump in the presidential election, the U.S. Capitol was overtaken by insurrectionists, Trump became the first U.S. president to get impeached twice, and it was exposed that Gaetz is the subject of a Justice Department probe into alleged sex trafficking and prostitution.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
What was it like to take on the part of the Duke of Edinburgh in the award-winning Netflix series?
- Reuters Videos
Chinese regulators have slapped a $2.75 billion dollar fine on Alibaba.The ecommerce group, founded by Jack Ma, is accused of violating anti-monopoly rules and abusing its dominant market position.Of particular concern was a practice where Alibaba is alleged to have forbidden merchants from listing on other e-commerce platforms.The fine, which is equivalent to around 4% of Alibaba's revenues in 2019, is the highest ever antitrust penalty to be imposed in China.It comes amid an unprecedented regulatory crackdown on the country's home-grown technology conglomerates. Ma's business empire has faced particular scrutiny after he criticised China's regulatory system back in October.A month later, authorities halted a planned $37 billion IPO from Ant Group, Alibaba's internet finance arm.Then came the launch of the antitrust probe into Alibaba in late December.In a statement, the Chinese company said it accepted the regulars' decision and would implement the ruling.It added that it would work to improve corporate compliance.Beijing has vowed to strengthen oversight of its big tech firms, which rank among the world's largest and most valuable.
- Associated Press
President Joe Biden is giving himself lots of latitude when he defines infrastructure for the purpose of spending money on it. The Republican Party says if it’s not a pothole, port, plane or bridge, forget about it. Never mind that Donald Trump, like Biden, wanted schools to get a piece of an infrastructure pie.
- USA TODAY
A viral statement on the condition of migrants arriving at the border claiming to come from Texas Sen. Ted Cruz is fabricated.
- Business Insider
House Ethics Committee launches investigation into Rep. Matt Gaetz over allegations of sexual misconduct
The committee also opened a separate investigation into Rep. Tom Reed over allegations of sexual misconduct.
- Associated Press
The State Department on Friday unveiled new rules for U.S. government contacts with Taiwan that are likely to anger China but appear to reimpose some restrictions that had been lifted by the Trump administration. The department announced the changed policy in a statement that said the Biden administration intends to “liberalize” the rules to reflect the “deepening unofficial relationship” between the U.S. and Taiwan. Pompeo had lifted virtually all restrictions on contacts with Taiwan, including allowing Taiwanese military officers to wear uniforms and display the Taiwanese flag at meetings with U.S. officials.