Broadcom withdraws from Qualcomm deal following presidential order

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First, there was an offer by Broadcom to acquire Qualcomm for $ 105 billion, followed by an improved one worth $ 121 billion. They were both denied, and later the San Diego upped its NXP acquisition bid that led to a lower offer of $ 117 billion. The discourteous dance was abruptly ended by a presidential order, followed by an official statement that Broadcom is officially terminating its offer. In a press release, the company stated that although it is disappointed with such outcome, it will comply and move forward with its re-domestication process and will hold its Special Meeting… – Latest articles

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Presidential order bans Broadcom’s proposed acquisition of Qualcomm

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The Broadcom-Qualcomm deal is dead, forbidden by a presidential order. It is a permanent ban that forbids any future acquisition, merger or deal with similar consequences. Broadcom’s nominee’s for the Qualcomm board of directors have been disqualified by the same order. The presidential order cites “credible evidence” that the deal might threaten national security. It does not go into detail, but the Committee on Foreign Investment in the US (CFIUS) said that Qualcomm’s leadership in wireless patents for 5G are key to national security. If Qualcomm is impeded in its R&D, Chinese companies… – Latest articles

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President Trump signs executive order blocking Broadcom’s acquisition of Qualcomm

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Broadcom attempted to purchase Qualcomm back in November, in what would be the single largest takeover of a chipmaker ever. The initial offer was declined by Qualcomm’s board of directors, as was every subsequent counter offer. In response, Broadcom attempted to replace some of Qualcomm’s board, allowing the purchase to be finalized. After months of turmoil, the White House has officially blocked the acquisition with a new executive order.

According to Bloomberg, President Trump signed the executive order based on advice from the Committee on Foreign Investment.

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Trump issues order blocking Broadcom takeover of Qualcomm, citing national security

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President Donald Trump issued an order Monday evening blocking any merger of the chipmaking giants Broadcom and Qualcomm, saying it was necessary to protect national security. There is “credible evidence,” the order says, that if the Singapore-based Broadcom took control of the US-based Qualcomm that the company “might take action that threatens to impair the national security of the United States.”

Broadcom has been trying to purchase Qualcomm for the last several months, but has continually been rebuffed. It’s since tried to stack Qualcomm’s board with friendly members. Trump’s order says that Broadcom will not be allowed to purchase or merge with Qualcomm in any way, and that all of the people Broadcom has proposed to Qualcomm’s board…

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Blockchain Could Help Restaurants Make Sure the Seafood You Order Is Actually What Lands on Your Plate

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Fish Fraud

Fraud runs rampant in the seafood industry, but blockchain (the technology supporting the growing cryptocurrency market) could help ensure the fish you order in a restaurant is the fish that finds its way onto your plate.

In 2016, Oceana, an ocean conservation advocacy group, compiled a report drawing from 200 published studies on seafood fraud. Based on their findings, a whopping 20 percent of seafood is not labeled correctly. The problem extends to all corners of the globe and at all levels of the supply chain, from the people catching the fish to those distributing and selling it.

The seafood mislabeling infractions detailed in the report ranged from the relatively minor (a restaurant advertising wild salmon but serving a cheaper farmed salmon) to the downright disturbing: sushi chefs purposely mislabeling endangered whale meat as fatty tuna in order to smuggle it into the U.S.

The consequences of mislabeling pop up in global health, the economy, and conservation efforts. According to the Oceana report, the best way to combat them is by increasing traceability. The report asserts that a more detailed and transparent record of information about the fish as it moves along the supply chain could help decrease instances of mislabeling.

Blockchain could provide this record.

Tracking Seafood

Though most commonly associated with money, blockchain’s utility isn’t limited to the world of finance. At its core, the technology is simply a secure, transparent way to record transactions. A number of companies are looking for ways to apply it to the seafood supply chain.

In April 2017, Intel released a demonstration case study showing how Hyperledger Sawtooth, a platform for creating and managing blockchains, could facilitate seafood supply chain traceability. That study used sensors to track and record information about a fish’s location, temperature, and other characteristics as it moved from boat to restaurant.

In January 2018, the World Wildlife Foundation (WWF) announced their appropriately named Blockchain Supply Chain Traceability Project. Through that project, the WWF and their partners are cracking down on illegal tuna fishing by recording every step along the supply chain on a blockchain.

“Through blockchain technology, soon a simple scan of tuna packaging using a smartphone app will tell the story of a tuna fish — where and when the fish was caught, by which vessel and fishing method,” said WWF-New Zealand CEO Livia Esterhazy in a press release. “Consumers will have certainty that they’re buying legally-caught, sustainable tuna with no slave labor or oppressive conditions involved.”

Of course, getting everyone along the supply chain to agree to a new recording system might not be easy, and that’s why a blockchain-based seafood solution like Fishcoin could be useful. The idea behind that project is to reward people all along the supply chain for providing valuable data directly to those at the end of it.

For example, fishers in developing nations might send a restaurant or grocery store information on the seafood they caught. This triggers a smart contract that transfers a certain number of Fishcoins into those fisher’s crypto wallets. The fishers can then exchange those Fishcoins for something of value to them, such as prepaid cell phone minutes.

Most of these projects are still in the development stages, but should they take off, it could have far-reaching implications for global health, the economy, and, of course, your dinner plate.

Disclosure: Several members of the Futurism team, including the editors of this piece, are personal investors in a number of cryptocurrency markets. Their personal investment perspectives have no impact on editorial content.

The post Blockchain Could Help Restaurants Make Sure the Seafood You Order Is Actually What Lands on Your Plate appeared first on Futurism.


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Apple places order for psychological thriller produced by M. Night Shyamalan

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Apple has picked up a new series produced by famed movie director M. Night Shyamalan, a ten-episode straight-to-series psychological thriller that will be added to Apple’s constantly-increasing collection of streaming video content.
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HomePod Now Available to Order in United States, Australia, and United Kingdom

Apple is now accepting HomePod orders through its online store and Apple Store app for iPhone and iPad in the United States, Australia, and United Kingdom, with the first deliveries to customers estimated to arrive Friday, February 9, which is when in-store availability begins as well.

HomePod is available in Space Gray and White for $349 in the United States, $499 in Australia, and £319 in the United Kingdom.

HomePod order page on Apple’s online store:

United States
United Kingdom

HomePod order page or info from resellers:

• Best Buy in United States: Space Gray / White
EE in United Kingdom

While the HomePod is only launching in three countries today, it can be used anywhere in the world. However, Siri currently supports American, Australian, and British varieties of English only. More languages will be supported in future software updates, including French and German this spring.

Apple has primarily positioned the HomePod as a speaker that can stream Apple Music, but with built-in Siri, users can send messages, set timers, play podcasts, check the news and weather, control HomeKit-enabled smart home accessories, and complete other tasks without needing to take out their iPhone.

The high-fidelity speaker is equipped with spatial awareness and Apple-engineered audio technology, including a seven‑tweeter array and high-excursion woofer. It stands nearly seven inches tall and is powered by Apple’s A8 chip.

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