Tag Archives: as

Trump taps Common Core foe as No. 2 at Education Department — but most key positions still vacant

President Trump just tapped as the Education Department’s No. 2 official a former state superintendent of South Carolina who opposes the Common Core State Standards and who in 2016 called Jeb Bush “the only candidate” prepared to be president. Trump announced Tuesday night that he was nominating Mitchell  Zais as deputy secretary of education, one of only a handful of ... Read More »

Imagination Technologies Sale to Canyon Bridge in the Clear as Rival Fund Ruled Out

HIGHLIGHTS Imagination said the sale could now go ahead without a shareholder vote The unnamed third-party is no longer involved in the sale process Canyon Bridge was announced to buy Imagination Tech for GBP 550 million Imagination Technologies, the British chip designer selling itself to a China-backed buyout fund, said on Wednesday another potential buyer had ruled itself out, removing ... Read More »

Stocks close at record highs as tech losses are offset by energy gains

U.S. stocks closed slightly higher on Wednesday, notching record highs, as a gain in the energy sector offset losses in tech. The Dow Jones industrial average rose 39.3 points to close at 22,158.18 — a record — with Chevron contributing the most to the gains. Apple, however, was the biggest loser in the index. The S&P 500 rose 0.1 percent and finished the session ... Read More »

Fake news a concern as Indonesians lap up social media

Indonesia’s daily number of Facebook users currently stands at around 65 million. (Photo: Chandni Vatvani) JAKARTA: Whether they are tweeting or posting, Indonesians love social media. According to Instagram, the country is its largest market in the Asia Pacific. Twitter too, says Indonesians are among its top five users worldwide, and Facebook – the social media favourite of Indonesians – ... Read More »

Foxconn to Build 3 Ancillary Facilities as Part of Wisconsin LCD Campus

Taiwanese electronics manufacturer Foxconn on Monday said it plans to build three facilities in the US state of Wisconsin for operation as early as next year, as part of a campus housing a $10 billion liquid crystal display (LCD) factory due for 2020. Foxconn, which makes electronics under contract for clients such as Apple, announced its $10 billion plan at the White House in July, ... Read More »

Sony Xperia Devices Claimed to Be Misrepresented as ‘Waterproof’ in New Lawsuit

HIGHLIGHTS Sony allegedly misrepresented water-resistance capabilities The company will need to settle with court again on December 1 The lawsuit seeks extension of warranty A US federal court in New York on Friday preliminarily approved a nationwide class action settlement against Sony regarding waterproof capabilities offered by certain Xperia smartphones and tablets. The class action lawsuit against the Japanese company alleges that it sold ... Read More »

Stock market indexes sink as tech companies fall

Stocks are taking broad losses Thursday, led by declines in technology companies. Cisco Systems dropped after issuing a disappointing sales forecast, and retailers were also weak as Walmart slumped. Bond prices rose, sending yields lower. KEEPING SCORE: The Standard & Poor’s 500 index dropped 25 points, or 1 percent, to 2,442 as of 1:50 p.m. Thursday on Wall Street. The Dow ... Read More »

Car loan timebomb fuels fears of new financial crisis as motors worth £20k are offered without any deposit

THE risks of a new financial crisis are increasing along with the size of car finance deals handed out by garages, experts warned last night. Though the number of motors bought on cheap credit is finally going down, the total lent remains the same. ALAMY Fewer cars are being bought on cheap credit This indicates customers are taking on higher ... Read More »

Man Disguised as Car Seat Teaches Driverless Cars How to Communicate

HIGHLIGHTS The video shows a white strip of windshield lights on the van flickering Developers have taught driverless cars to stay in their lanes Study is investigating the potential need for additional exterior signals The man in the seat-cushion costume got all the attention. What appeared to be a driverless vehicle actually had a researcher sitting in the front seat, ... Read More »

Jio Phone Finally Released as Beta Testing Commences

HIGHLIGHTS Jio Phone beta tests are scheduled to start August 15 The testing units will likely be available for select RIL employees Reliance Jio will start delivering the handset to consumers in September The first batch of JioPhone units will become available Tuesday, August 15 as beta trials of the 4G feature phone are scheduled to commence today, a little over three ... Read More »