Intel Spectre/Meltdown Patch Coming for Newer Chips; Amazon Narrows Field for 2nd HQ; Apple Repatriates Cash & Gives Bonuses; SurveyMonkey Going PublicPosted: January 18, 2018
Intel has admitted that even it’s newer CPUs are affected but the reboot problems from the Spectre/Meltdown patches. This includes Skylake and Kaby Lake chips, according to engadget.com. Patches should be out in about a week, but slowdowns will be between 2 and 25%, depending on the task, and if just one core is running.
Amazon has cut the field of cities where it may build its second headquarters. Geekwire.com says the online giant is down to 20 cities in the US and also Toronto, Canada. They include Washington, D.C. and two suburbs, which may or may not be a hint. The only West Coast city is L.A. All the rest are in the Midwest or Northeast.
Apple announced yesterday the it is bringing back $350 billion in overseas cash the next 5 years, and will build a new facility in the US, employing some 20,000 people. The company will cough up about $38 billion in taxes in the process. The new campus will initially be devoted to AppleCare. No location has been revealed, but it won’t be in California. Now, according to bloomberg.com, Cupertino has also said they are giving a $2500 bonus in restricted stock units as well. Apple has over 120,000 employees, and both full time and part time employees in all departments are eligible.
After 19 years, online polling company SurveyMonkey is getting ready to go public later this year. Recode.net reports that the company has been valued at $2 billion of late. Two other major IPOs set for this year include Spotify and Dropbox. SurveyMonkey has 650 employees and says nearly all the Fortune 500 companies have used it’s online surveys.