Category: Technology Development

Chipotle Had a Great Quarter. Expect More Store Openings and Investment in Technology, CEO Says.

Text size

Bags of tortilla chips sit on display at a Chipotle Mexican Grill restaurant


Luke Sharrett/Bloomberg


Chipotle Mexican Grill

is falling 4% in late trading, despite a better-than-expected third quarter. Its CEO tells Barron’s that the burrito maker’s recent success is a window into the restaurant’s future, powered by ongoing investments in technology and ethical food.

Chipotle (ticker: CMG) said it earned an adjusted $3.76 a share, on revenue that rose 14.1% to $1.6 billion. Analysts were looking for Chipotle to earn $3.47 a share on revenue of $1.59 billion.

Chief Executive Officer Brian Niccol spoke with Barron’s after

Read more

Juniper Networks Will Buy 128 Technology for $450 Million

Networking-products giant Juniper Networks  (JNPR) – Get Report on Monday said it definitively agreed to buy 128 Technology, a provider of software-based routing solutions, for $450 million cash.

Juniper Networks also will assume 128 Technology’s restricted-stock units designed to retain staff.

In 2021, Juniper Networks said, 128 Technology should add slightly to revenue and gross margins and dilute adjusted earnings per share. In 2022 the transaction should add to adjusted earnings.

This deal will strengthen the Sunnyvale, Calif., company’s artificial-intelligence enterprise-network portfolio.

“The acquisition of 128 Technology will enable Juniper to accelerate in a key area where we

Read more

Where Will Micron Technology Be in 1 Year?

Micron Technology (NASDAQ:MU) has a long history as a chip stock. With that designation comes the inevitable volatility inherent in this cyclical industry. The company has often moved higher during a time of rising memory prices, only to collapse when memory demand dries up.

For this reason, predicting where Micron stock goes over the next year probably hinges on the expected direction of memory prices. Let’s take a closer look at where analysts believe the memory market is headed over the next year.

Micron’s financials

In the most recent earnings call, CEO Sanjay Mehrotra sounded an optimistic tone on DRAM

Read more

How to pitch and write an opinion piece for MIT Technology Review

MIT Technology Review is about the biggest discoveries and ideas in emerging technology. We’re keen to hear from people with interesting, provocative, and well-argued opinions on technology and where it’s taking us.

In most cases, opinion pieces should be tied either to a recent news event (and by “recent” we usually mean “in the past day or two”) or to a topic that’s generally important and on the public’s radar. Timeless ideas might get through too, but they’ll need to be pretty original.

There should also be a compelling reason why you are writing it—usually, that you’re an expert in

Read more

iPhone 12 and 12 Pro has new accessory technology, Apple reveals

 (Apple)
(Apple)

Apple has revealed new MagSafe technology as part of the iPhone 12 reveal.

The accessory technology is made up of a ring of magnets in the back of the phone that can be used to attach things to it, or to attach it to other things.

Those magnets are also arrayed around the wireless charging coil, meaning that the phone can be clipped to chargers. When it is used with Apple’s charger, the phone will be able to charge twice as quickly as the normal Qi charging standard.

Apple demonstrated how that will include a variety of different accessories,

Read more