About: BenNorman


Posts by BenNorman:

Google is spending $600 million on data center

Posted on: 15 Aug 2018

Google announced that it will invest $600 million into its data center outside Charleston, South Carolina. The data center is integral to Google’s company, as it is one of their only data centers. It helps operate some of its flagship programs like Gmail and Google Drive, which many consumers use and love. Google still has to gain approval from Berkeley County, so they have not listed any details about the improvements they will make to the facility. However, Berkeley County did disclose some details of the deal, including a considered…

Bitcoin and Ethereum Are Both Down Significantly

Posted on: 14 Aug 2018

What is the future for cryptocurrencies?   At their highest points, Bitcoin and Ethereum were valued at $20,000 and $1,400, respectively. Since then, their values have slid to $6,250 and $290, respectively. These 68 and 79 percent decreases have exemplified the rapid fall and distrust of cryptocurrencies – even the most popular ones. The exploding growth of crypto occurred largely due to successful initial coin offerings (ICOs), when different cryptocurrencies generated millions of dollars. The fall of cryptocurrencies largely occurred due to lack of media traction and excitement. In a…

Vitamix Recalling Over a Thousand Blenders

Posted on: 14 Aug 2018

Blender blunder   Vitamix announced on Monday that it intends to recall roughly 105,000 blenders after multiple consumers reported that they cut hands on the blades. The company stated on its website: “Vitamix has received 11 reports of lacerations when consumers’ hands came in contact with exposed blades.” The customers cut their hands after the main portion of the blender was separated for cleaning, consequently exposing the blades at the bottom of the machine. Vitamix is recalling its Ascent and Venturist blenders, which will be marked as “03-18” on the…

Nasal spray recalled

Posted on: 11 Aug 2018

Nasal nightmare CVS Health’s 12 Hour Sinus Relief Nasal Mist is one product that was removed from shelfs on Wednesday after the FDA found that the nasal spray contained a microbiological contaminant. FDA officials state that the contaminant is called Pseudomonas aeruginosa, a clear liquid that can lead to infection in the colon. In fact, it can be lethal to people who have cystic fibrosis or other similar diseases. The FDA also notes that no one has been harmed by this product to the best of our knowledge, but the…

Dropbox beat expectations but saw stock slide

Posted on: 11 Aug 2018

On Thursday, Dropbox gave their quarterly report, delivering figures of revenue and earnings that beat expectations. However, shares still dropped for the tech company. In fact, on Friday, Dropbox’s stock dropped almost eight percent and COO Dennis Woodside announced that he will be stepping down. JMP Securities Analyst Greg McDowell explains that the loss of Woodside could be a major factor in the stock’s drop: “Dropbox was up 9% in trading, and it’s giving that back in the after market. Certainly losing Dennis Woodside is a part of that. He…