(Reuters) - Qualcomm Inc (QCOM.O), the world’s biggest maker of chips for mobile phones, said on Wednesday it would drop its $44 billion bid for NXP Semiconductors (NXPI.O) after failing to secure regulatory approval from China against a backdrop of widening trade tensions. FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake Investors expressed relief at the end of the project that has dragged on since 2016, all while Qualcomm fended off a $117 billion takeover bid from Broadcom Inc (AVGO.O), fought in court with Apple Inc (AAPL.O), and faced billions of dollars in fines from antitrust regulators around the world over its licensing practices. The San Diego chipmaker also delivered surprisingly strong third-quarter results and a rosy outlook for so-called 5G technology, the next generation of wireless data networks. Those numbers, combined with a $30 billion share buyback plan that Qualcomm had promised … [Read more...] about Qualcomm investors cheer end of NXP deal doomed by China-U.S. tensions
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(Reuters) - Qualcomm Inc (QCOM.O), the world’s biggest maker of chips for mobile phones, said on Wednesday it would drop its bid to buy Dutch chipmaker NXP Semiconductors (NXPI.O) after failing to secure regulatory approval from China against a backdrop of widening trade tensions. FILE PHOTO: A sign on the Qualcomm campus is seen in San Diego, California, U.S. November 6, 2017. REUTERS/Mike Blake The company promised to compensate shareholders for the collapse of the $44 billion deal by buying back $30 billion of its own shares and its third-quarter results, also released on Wednesday, topped Wall Street forecasts. Qualcomm agreed what would have been the largest-ever merger in the semiconductor industry two years ago as it sought alternative sources of growth to an increasingly saturated mobile phone market. But the deal became embroiled in a trade standoff between China and the United States, who have clashed on issues including ownership of technology and patents. … [Read more...] about Qualcomm walks away from NXP deal as China-U.S. trade tensions grow
By Megan Specia2015-01-01 14:42:59 UTC The flu has reached epidemic levels in the U.S. this season according to the Centers for Disease Control (CDC). Statistics released this week, show that the influenza virus outbreak reached the epidemic threshold during the week ending Dec. 20. See also: Study: Ginseng Extract Could Help Fight Off the Flu "At this time, all of CDC's influenza surveillance systems are showing elevated flu activity, indicating that we are in the midst of this season's flu epidemic," said Erin Burns of the CDC told USA Today. According to the CDC, a total of 15 influenza related pediatric deaths have been reported during the 2014-2015 season across the U.S. The deaths were reported in nine different states: Arizona (1), Colorado (1), Florida (2), Minnesota (2), North Carolina (2), Nevada (1), Ohio (2), Texas (3), and Virginia (1). #Flu activity continues to increase in the U.S. and is high in about half of the country. More in http://t.co/dX279rigYg — CDC … [Read more...] about CDC: Flu has reached epidemic level, 15 child deaths in U.S.
Not doing anything in the next couple of weeks this month? Are you a big Go Nagai fan? You’ll definitely want to check out the upcoming screening of Mazinger Z: Infinity when it hits select screens across the U.S. on Sunday, February 11 and Monday, February 12. Viz Media has obtained the theatrical, broadcast, streaming, and home video release via Toei Animation, so we’ll be seeing a whole lot of Mazinger Z in movie form here soon. The movie, which takes place ten years after the end of the original Mazinger Z series, is follows protagonist Koji Kabuto as he pilots the super robot Mazinger Z. After he fought against the evil scientist Dr. Hell and his minions ten years prior to the events of the movie, the world was at peace and enjoyed a brief period where there wasn’t much to worry about. So after leaving his life as a robot pilot behind, Koji himself decided to become a scientist, just like his father and grandfather before him. This movie follows a new tale where … [Read more...] about See Mazinger Z: Infinity In Select U.S. Theaters For A Limited Time This Month
By Ryan Calo2014-01-01 16:00:39 UTC The next step in transformative technology is already here, and the United States runs the risk of getting left behind. The amount of robotics inventions is steadily on the rise, and the U.S. military is already in on the action. A few years ago, Air Force drones surpassed 1 million combat hours. Hobbyists are using platforms like Arduino to build their own robots, and they're building them by the thousands. Tesla recently announced its intention to develop and market driverless cars by 2018. Last year, Chris Anderson quit his job as the editor-in-chief of Wired Magazine to found and run a robotics company. See also: 14 Robotics Breakthroughs From the Past Decade Yet for all its momentum, robotics is at a crossroads. The industry faces a choice — one that you see again and again with transformative technologies. Will this technology essentially be closed, or will it be open? Closing Software, Stifling Innovation What does it mean for robotics … [Read more...] about The Need to Be Open: U.S. Laws Are Killing the Future of Robotics