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MOUNTAIN VIEW, Calif., Oct. 13, 2020 /PRNewswire/ —
- Interoperability establishes end-to-end 32GT/s PCIe 5.0 link between DesignWare IP for PCI Express 5.0 Complete Solution and future Intel Xeon Scalable processors
- The DesignWare IP for PCI Express 5.0 delivers industry’s lowest latency and highest throughput with optimized power consumption for short and long channels
- Future Intel Xeon Scalable processors deliver enhanced performance, throughput, and CPU frequencies for AI-infused, analytics, storage & networking workloads
Synopsys, Inc. (Nasdaq: SNPS) today announced its collaboration with Intel to achieve successful system-level interoperability between the Synopsys DesignWare Controller and PHY IP for PCI Express 5.0 and future Intel Xeon Scalable processors (codename Sapphire Rapids). The full-system interoperability, a key milestone in Synopsys and Intel’s ongoing collaboration, enables the ecosystem to confidently use the companies’ proven technologies to accelerate development of their PCIe 5.0-based products in high-performance computing and AI applications. The DesignWare IP for
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Flash Express, a two-year-old logistics startup that works with e-commerce firms in Thailand, said on Monday it has raised $200 million in a new financing round as it looks to double down on a rapidly growing market spurred by demand due to the coronavirus pandemic.
The funding, a Series D, was led by PTT Oil and Retail Business Public Company Limited, the marquee oil and retail businesses of Thai conglomerate PTT. Durbell and Krungsri Finnovate, two other top conglomerates in the Southeast Asian country, also participated in the round, which brings Flash Express’ to-date raise to about $400 million.
Flash Express, which operates door-to-door pickup and delivery service, claims to be the second largest private player to operate in this space. The startup, which also counts Alibaba as an investor, entered the market with delivery fees as low as 60 cents per parcel, a move that allowed it to quickly
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American Express shares were cut to neutral from buy by Susquehanna analyst James Friedman, based on a full valuation at the credit card and travel services company.
His rating was at buy for at least three years, according to MarketWatch. Friedman affirmed his share-price target at $110.
“It would be hard for [the company] to do better than its merchants, so consensus 2021 revenue up 11% looks full to us,” Friedman wrote in a commentary, according to MarketWatch. He said 7.5% growth is more like it, according to The Fly.
AmEx shares recently traded at $105.31, down 0.7%. They had fallen 15% year to date through Thursday. They also have risen 11% since Sept. 24, including Friday’s move.
Morningstar analyst Eric Compton sees American Express close to his fair-value estimate of $108.
“Investors should expect a difficult year for AmEx, as the company battles the coronavirus pandemic,” he wrote in
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Express News Service
CHENNAI: ‘You don’t love science, you’re looking at its butt when it walks away’ proclaims a favourite Cyanide & Happiness panel. But, Gururag Kalanidhi isn’t one of them. Going by the same panel, he is one of those people who truly love science — ones who “spend their lives studying the tedious little bits as well as the big flashy parts”. From dropping out of a course in Chemical Engineering to making a career (at least for now) in product marketing, his life has taken quite a few turns. Yet, his passion for science has seen him through all these transitions. It’s in the earnest interest to share this thirst for scientific conversations that led him to begin his project — unwanTed Talks.
“The intention is to initiate conversations on science and technology,” begins the 27-year-old. “When you look at things like politics, there’s already a lot