Time Warner Inc. investors are becoming convinced the company’s sale to AT&T Inc. will get done, even though President Donald Trump at one point seemed intent on stopping it. But don’t get too excited.
Category: Computers
AT&T’s Flashing Yellow Light
Time Warner Inc. investors are becoming convinced the company’s sale to AT&T Inc. will get done, even though President Donald Trump at one point seemed intent on stopping it. But don’t get too excited.
Nikkei Gains Helped by Weaker Yen; Toshiba Dives
Japan’s Nikkei share average snapped a four-day losing streak on Thursday, helped by a weaker yen as the dollar gained after a private jobs report cemented expectations the U.S. Federal Reserve will raise interest rates next week. Toshiba Corp dived 7.2 percent and was the fourth most traded stock by turnover after sources told Reuters Westinghouse Electric Co LLC, the U.S. nuclear power plant developer it owns, has brought in bankruptcy attorneys from law firm Weil Gotshal & Manges LLP.
WikiLeaks claims the CIA built special tools for hacking…
Documents published on Tuesday by WikiLeaks claim to be evidence that the “CIA lost control of the majority of its hacking arsenal.” According to the WikiLeaks files, it appears that the CIA has teams specifically dedicated to breaking into Apple products, including iOS, the software that runs on iPhones and iPads, and even Apple’s line of routers, AirPort .
Korean Companies Face China Crisis as Missile Boycott Grows
Lotte Group , the Korean conglomerate that covers shopping malls to sweet chocolate, is under attack in China. It faces a consumer boycott that threatens to spill over and affect the products of other Korean companies.
7 Ways to Lower Your Internet Bill
Even if you’re happy with your current internet service, you might be paying too much for it. Here are ways to check if you’re getting good value for your money and tips for lowering your monthly internet bill.
Microsoft Said to Cut Purchases of HPE Servers for Cloud Service
Hewlett Packard Enterprise Co. is losing business from Microsoft Corp., one of the world’s largest users of servers, the latest sign of trouble for the pioneering computer maker as it struggles with the rise of cloud services, people familiar with the matter said.
Toshiba Said to Seek Bids for Chip Unit at $13 Billion Value
Toshiba Corp. is sending letters soliciting offers for its memory chip business this week and seeking bids that value it at about 1.5 trillion yen , according to people familiar with the matter. The Japanese conglomerate is offering a majority stake in the chip unit and would be willing to sell the entire business, said the people, asking not to be identified because the matter is private.
Nordic-Baltic 5G telecoms cooperation to be unveiled Tuesday: Norway
Nordic and Baltic countries will present a joint initiative on Tuesday regarding so-called 5G, or fifth-generation mobile networks, Norway’s Ministry of Transportation and Communication said. The presentation will take place at the Barcelona Mobile World Conference at 0830 GMT, the ministry said in a statement.
Samsung SDI says Samsung Elec’s head of memory business chosen as new CEO
South Korea’s Samsung SDI Co Ltd said on Tuesday that Jun Young-hyun, the head of memory business at Samsung Electronics Co Ltd, has been chosen as its new CEO. WASHINGTON The head of the U.S. Federal Communications Commission does not expect to review AT&T Inc’s planned $85.4 billion acquisition of Time Warner Inc , a spokesman for the agency said on Monday.
No AT&T-Time Warner merger review expected
The head of the U.S. Federal Communications Commission does not expect to review AT&T Inc’s planned $85.4 billion acquisition of Time Warner Inc , a spokesman for the agency said on Monday. FCC Chairman Ajit Pai had told the Wall Street Journal in an interview on Monday at the Mobile World Congress in Barcelona that he did not foresee a role for the FCC on the takeover and his comments were confirmed to Reuters by FCC spokesman Neil Grace.
FCC Chairman Doesn’t Expect to Review AT&T-Time Warner
The new chairman of the Federal Communications Commission said Monday he didn’t expect the agency to have a role in reviewing AT&T Inc.’s $85 billion takeover of Time Warner Inc. In an interview at Mobile World Congress in Barcelona, Ajit Pai said he understood the companies have structured the deal so that no airwave licenses would be…
Time Warner to Sell TV Station Amid AT&T Merger
“Time Warner Inc. agreed to sell its Atlanta television station to Meredith Corp. for $70 million,” confirms the Wall Street Journal , “removing a significant factor that could have prompted the Federal Communications Commission to review Time Warner’s $85 billion sale to AT&T Inc.” New FCC Chairman Ajit Pai has yet to say whether he plans to have the agency review AT&T’s mega-purchase. As of press time, he has also declined to remark on what impact the Atlanta station sale might have on any possible FCC review.
HP Sales Soar Past Estimates on Personal-Computer Strength
Revenue rose 3.6 percent percent to $12.7 billion in the fiscal first quarter, the Palo Alto, California-based company said Wednesday in a statement. Analysts on average projected $11.8 billion, according to data compiled by Bloomberg.
HP Sales Soar Past Estimates on Personal-Computer Strength
Revenue rose 3.6 percent percent to $12.7 billion in the fiscal first quarter, the Palo Alto, California-based company said Wednesday in a statement. Analysts on average projected $11.8 billion, according to data compiled by Bloomberg.
Senators Want Sessions to Review AT&T, Time Warner Deal
The planned $85 billion merger between AT&T and Time Warner could be facing further scrutiny as top senators on the Judiciary Committee are urging the DOJ to look into the deal further, due to antitrust concerns. Subcommittee chair Sen. Mike Lee and Amy Klobuchar sent a letter to Attorney General Jeff Sessions highlighting parts of the deal they find concerning, The Hill reports.
Computer Task Group posts 4Q profit
For the year, the company reported a loss of $34.6 million, or $2.22 per share, swinging to a loss in the period. Revenue was reported as $324.9 million.
Why DigitalGlobe, Inc. Stock Popped Today
According to a report from The Wall Street Journal this afternoon, which cited “people familiar with the matter,” DigitalGlobe has fielded interest from a “number of possible buyers.” But now, the sources say, the company is in “advanced talks” to sell itself to Canadian satellite company MacDonald Dettwiler & Associates.
‘Lego Batman Movie’ Expected to Top President’s Day Weekend Box Office
The Lego Batman Movie should come in first place again at the domestic box office this President’s Day weekend. The animated film from Time Warner’s Warner Bros.
Why We’re Excited About These 3 Top Stocks
No two investors are alike. While some are excited by explosive growth, others look for predictable businesses with competitive advantages.
Toshiba Shares Slump After S&P Warns of ‘Selective Default’
Toshiba lurched lower again Friday after S&P warned of a potential ‘selective default’ downgrade for the Japanese conglomerate if it seeks debt financing to assist in its global restructuring. Toshiba Corp. lurched lower again Friday after Standard & Poor’s warned of a potential ‘selective default’ downgrade for the Japanese conglomerate if it seeks debt financing to assist in its global restructuring.
Nikkei Drops as Investors Wary of Fed Talk
Japan’s Nikkei share average fell on Friday with the market wary of a stronger yen and financials weakened as U.S. bond yields fell after comments by a senior U.S. Federal Reserve official were viewed as relatively dovish. The Nikkei ended down 0.6 percent at 19,234.62 points.
Toshiba Puts Prized Chips Unit Up for Sale to Salvage Business
After a chaotic day of earnings, it’s become clearer Toshiba Corp. may soon end up a shadow of its former self. Buried in company presentation materials Tuesday was a note that the Tokyo-based conglomerate is considering selling a majority stake in its memory chip business, a reversal of a previous plan to limit the sale to 20 percent.
Apple Said to Weigh Chinese Supplier for Next-Gen iPhone Screens
Apple Inc. is in discussions with China’s BOE Technology Group Co. to supply next-generation displays for future iPhones, a key component that’s being provided by a Samsung Electronics Co.
Facebook Announces New TV App in Move to Become Video Destination
The social media giant is set to launch a new app in the coming months that will be available on Apple TV and Amazon’s Fire TV. Facebook announced on Tuesday that it was significantly increasing the number of ways users will be able to watch its videos, including via a new app accessible on set-top boxes such as Apple TV and Amazon Fire TV, as well as Samsung Smart TVs.
Nikkei Falls After Toshiba Earnings Delay
Japanese stocks fell more than 1 percent on Tuesday, with investor sentiment soured after Toshiba Corp delayed its earnings release, including details of a multibillion dollar charge related to cost overruns at its U.S. nuclear arm. The mood was also hurt by the dollar’s weakening after President Donald Trump’s national security adviser Michael Flynn quit.
Intel Corporation Might Finally Fix This Huge Flaw With Expensive Gaming Chips
Intel offers PC gamers chips with four incredibly fast processor cores , and it also offers them chips with between six and 10 processor cores , but each of these cores is much slower than the four-core chips. Although Intel does not provide sales data by individual chip model, I have a strong suspicion that even gamers with very deep pockets often opt for the super-fast quad-core chip rather than go for one of the more expensive chips.
Intel: Cramer’s Top Takeaways
In an “Executive Decision” segment, Cramer sat down with Bryan Krzanich, CEO of Intel , the semiconductor maker that’s transitioning away from the personal computer and into the industry’s hottest markets, including the data center, gaming, drones, the connected car and artificial intelligence. Krzanich said that Intel’s slogan of “Intel inside” still applies, only now Intel is inside of a lot more than just PCs.
Why Intel Corporation’s Cannon Lake-EP and EX Server Chips May Be Dead
Skylake-EP and EX represent all new architectures built using the company’s 14-nanometer+ technology, while Cannon Lake-EP and EX were supposed to represent mild architectural enhancements of the Skylake-EP and EX chips, but with the benefit of being built on the company’s upcoming 10-nanometer chip manufacturing technology. Although I can’t make this prediction with 100% certainty, I strongly suspect that based on Intel’s most recent disclosures, Cannon Lake-EP and EX are dead.
Toshiba’s Nuclear Reactor Mess Winds Back to a Louisiana Swamp
If you want to understand why Toshiba Corp. is about to report a multi-billion dollar write-down on its nuclear reactor business, the story begins and ends with a one-time pipe manufacturer with roots in the swamp country of Louisiana. The Shaw Group Inc., based in Baton Rouge, looms large in the complex tale of blown deadlines and budgets at four nuclear reactor projects in Georgia and South Carolina overseen by Westinghouse Electric Co., a Toshiba subsidiary.
Intel Corporation Expects to Grow Client Computing Group Profit Margin
CCG is Intel’s largest business by revenue, generating nearly $33 billion in sales during 2016. Most of that revenue comes from sales of processors and related components into personal-computer systems, although the company has seen reasonable success from the sale of chips that power cable gateways and, more recently, cellular modem chips into Apple ‘s At Intel’s Feb. 9 analyst day, company management went over its financial expectations for this segment for 2017 — and beyond.
Nuclear write-down leaves Toshiba with $3.5-billion loss in third-quarter: Nikkei
The logo of Toshiba is pictured on its flash memory factory, seen during a media tour in Yokkaichi, western Japan September 9, 2014. Japanese conglomerate Toshiba Corp probably suffered a group net loss of about 400 billion yen in the nine months through December, the Nikkei reported on Sunday.
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Intel’s second-largest business unit by revenue, and arguably its most important business for the long term, is its data center group . The business is attractive for a couple of key reasons.
Analysts’ Actions — Ford, Intel, Twitter, Viacom and More
Cerner was downgraded to perform from outperform at Oppenheimer. Confidence is waning about potential sales and earnings upside, Oppenheimer said.
Why You Should (and Shouldn’t) Buy NVIDIA
At this point, it’s natural for investors to wonder if it’s too late to buy a few shares — this run could just bethe start of NVIDIA’s path to world domination, or it could be the very top of a bubble-like valuation. While the truth probably lies somewhere in the middle, there are certain types of investors who should, and shouldn’t, invest in NVIDIA no matter what the reality is.
General Electric: Cramer’s Top Takeaways
Jeff Immelt tells Jim Cramer GE is everything Trump’s looking for: an American company that exports goods around the globe. In his second “Executive Decision” segment, Cramer sat down with Jeff Immelt, chairman and CEO of General Electric , which delivered in-line earnings and weak revenues when it reported on Jan 20. Shares of GE are down 6.7% for the year.
Take-Two Interactive: Cramer’s Top Takeaways
In his first “Executive Decision” segment, Cramer again sat down with Strauss Zelnick, chairman and CEO of game maker Take-Two Interactive , the stock of which has risen 216% since Zelnick’s first appearance on the show. Zelnick said that “Grand Theft Auto” continues to be a powerhouse property for Take-Two, and the game’s latest installment, GTA 5, has sold over 75 million units so far.
Orbital ATK sues Pentagon over plans to award a space robots contract to a Canadian-owned firm
Orbital ATK, a Dulles-based aerospace manufacturer, is suing the Defense Advanced Research Projects Agency over plans to award a Canadian firm a $15 million contract to build a fleet of space-faring robots capable of repairing government and commercial satellites. Orbital argues the federal program, called the Robotic Servicing of Geosynchronous Satellites, would unfairly compete with its own privately funded effort, a system called the Mission Extension Vehicle 1, backed by at least $200 million from investors.
SK Hynix Makes Bid to Buy Part of Toshiba’s Memory Chip Arm
South Korea’s SK Hynix Inc. has offered to buy a stake in Toshiba Corp.’s microchip business, as it seeks to expand its share of the global mobile and smart devices market. Hynix, an Apple Inc. supplier and the world’s second-largest computer memory chipmaker, said in a Tuesday filing it submitted a non-binding bid on Feb. 3., without giving specifics.
Coty Says It Will Add First Woman Board Member by July
Fragrance and cosmetics company Coty will soon be adding a woman to its board of directors, reducing the number of S&P 500 companies without women in the boardroom to four. Fragrance and cosmetics company Coty said it will add a woman to its board of directors by July, reducing the number of S&P 500 companies without women in the boardroom to four.