U.S. semiconductor company Qualcomm Inc (QCOM.O) on Thursday rejected Broadcom Ltd’s (AVGO.O) revised $121 billion buyout offer, but proposed meeting its peer to see whether they can address what it called the bid’s “serious deficiencies in value and certainty.” Qualcomm’s response attempts to strike a balance between continued resistance of Broadcom’s takeover attempt and heeding […]
Category: Top News
Trove of hummingbird flight data reveals secrets of nimble flying
Lab-grade flight tracking has gone wild, creating a broad new way of studying some of the flashiest of natural acrobats, wild hummingbirds. One of the findings: Bigger hummingbird species don’t seem handicapped by their size when it comes to agility. A battleship may not be as maneuverable as a kayak, but in a study of […]
Snap is backing away from reckless experiments and that’s okay
When Snap first started selling its video-recording glasses, the hype was real. The company had only focused on software before that, and was dipping its toe into hardware with a relatively simple product. Add to that the device’s limited availability via sporadic pop-up stores, and Spectacles fever spread rapidly. But hype alone cannot sustain a […]
White House instructs government agencies to prepare for shutdown
The Trump administration instructed federal agencies to get ready for a possible government shutdown as Congress moved closer to the midnight Thursday deadline without passing a funding bill, CNBC confirmed. An Office of Management and Budget official said the office is preparing for funding to lapse as a Senate stalemate drags on with only hours […]
4 Harley recalls nearly 175K bikes in U.S. because brakes can fail
Harley-Davidson is recalling several hundred thousand motorcycles because the brakes might fail. The voluntary recall, which last week Harley said would cost it $29.4 million, covers CVO Touring and VSRC bikes — model years 2008 through 2011 — equipped with anti-lock brakes. Worldwide it includes more than 251,000 motorcycles, with nearly 175,000 of those bikes […]
Despite Production “Hell”, Tesla Says It Will Deliver on Model 3 Goals
Behind this storm system, a new storm is dropping out of Canada and is expected to bring more snow for the Midwest and Northeast for Thursday through Saturday morning. Winter storm watches already being posted from the northern Rockies into Chicago for the end-of-week storm. Tesla’s production problems were revealed in early October when the […]
Large storm system moving into Northeast with snow, freezing rain
Freezing rain was responsible for numerous accidents, spinouts and crashes from Texas to Arkansas and into the Ohio Valley overnight as a potent winter storm moved into the Northeast on Wednesday. Twelve states are under winter weather alerts from Maryland to Maine on Wednesday as the storm system stretches from the deep South to New […]
Floating through space, SpaceX’s ‘Starman’ mesmerizes the world
The fire and smoke have long dissipated but the excitement of Tuesday’s maiden launch of SpaceX’s Falcon Heavy rocket continues to linger as a lone red car with a mannequin “driver” makes its way through the blackness of space to the soundtrack of David Bowie. The live photos of “Starman” in the drop-top Telsa Roadster […]
Snap Inc. revenue surges, beating expectations; stock jumps 25%
After a bruising first year as a publicly traded company, Snap Inc. has finally earned some much-needed breathing room. Shares of the parent company behind the video messaging app Snapchat surged more than 25% in after-hours trading after the Venice company reported stronger-than-expected results Tuesday in its latest earnings report. Snap reported revenue of $285.7 […]
False tsunami warnings go out along the East Coast and in Texas
Hawaiians aren’t the only ones who may have experienced a false sense of impending doom recently. A test warning for a tsunami went out this morning, but without being clearly marked as a “TEST.” In an explanatory tweet today, National Weather Service of New York officials said the warning, which was received at least along […]
Los Angeles Times owner will sell paper, ending a long-troubled relationship
The Chicago-based owner of the Los Angeles Times is expected to announce it is selling the newspaper, according to people familiar with the company’s plans, in a surprise move that probably spells the end of its long-troubled relationship with Southern California’s leading news outlet. The buyer is Patrick Soon-Shiong, a Los Angeles-area physician and a […]
Falcon Heavy, in a Roar of Thunder, Carries SpaceX’s Ambition Into Orbit
From the same pad where NASA launched rockets that carried astronauts to the moon, a big, new American rocket arced into space on Tuesday. But this time, NASA was not involved. The rocket, the Falcon Heavy, was built by SpaceX, the company founded and run by the billionaire entrepreneur Elon Musk. The launch of this […]