Markets

Mobile CEO Legere to be succeeded by Mike Sievert

Mobile CEO Legere to be succeeded by Mike Sievert Sievert, as chief marketing officer and later as operating chief, was the brains behind many of T-Mobile's popular initiatives. Legere tweeted that the move "has been under development for a long time". The company said Legere is going to remain a board member and will assist with the company's pending acquisition of rival Sprint (S). T-Mobile expects the Sprint deal to close in early 2020, ... [Full Article...]

Google scales back town hall meetings following leaks

Google scales back town hall meetings following leaks In the email, Pichai said that Google had seen "a coordinated effort to share our conversations outside of the company after every TGIF". "I know this is new information to many of you, and it has affected our ability to use TGIF as a forum for candid conversations on important topics", Pichai said in the email. [Full Article...]

Rolls-Royce engine issue forces Air New Zealand to cancel Perth flights

Rolls-Royce engine issue forces Air New Zealand to cancel Perth flights In April Rolls-Royce revealed that the turbine blades of the Trent 1000 TEN engine which has been used since November 2017 deteriorate faster than expected. "However, all these spare engines are with Rolls-Royce offshore either undergoing service or waiting for a service slot". "Going into the holiday season we're acutely aware how important travel is to our customers, and our schedule changes a... [Full Article...]

SoftBank’s Yahoo Japan, Line Corp announce merger

SoftBank’s Yahoo Japan, Line Corp announce merger The two sides are scheduled to ink a formal contract next month, officials said. Financial terms of the deal were not revealed. Z Holdings will continue to be a consolidated subsidiary of SoftBank. Their combined revenue tops Japanese shopping portal Rakuten which had sales of 1.1 trillion yen. The deal is expected to create a new mobile and internet services giant to compete against global comp... [Full Article...]

Beware! WhatsApp can be hacked using a specially-crafted MP4 file

Beware! WhatsApp can be hacked using a specially-crafted MP4 file Facebook has disclosed the existence of a severe vulnerability leading to remote code execution attacks in WhatsApp messaging software. If left unpatched, the bug could allow hackers to remotely compromise smartphones by sending a video file containing malicious code to the victim's WhatsApp account. [Full Article...]

HP rejects Xerox proposal, says it is open to discussing transaction

HP rejects Xerox proposal, says it is open to discussing transaction But the HP board said it still would like to discuss the possibility of reaching a deal with its rival, a venerable USA tech company best known for its photocopy machines. The board of directors pointed out some of the specific concerns it had with Xerox, including the company's declining revenue from $10.2 billion to $9.2 billion since June 2018, which it said "raises significant questions" for H... [Full Article...]

Michigan Recreational Pot Sales to Begin in December

Michigan Recreational Pot Sales to Begin in December Growers may transfer up to 50 percent of their harvest batch and processors may transfer up to 50 percent of their finished product. Medical facilities can only transfer half of their inventory to recreational IF that inventory has been in their possession for 30 days. [Full Article...]

Webasto & Ford Team Up for Mustang Lithium Published on

Webasto & Ford Team Up for Mustang Lithium Published on Built by Ford and Webasto and displayed at SEMA, the Mustang Lithium is a one-off prototype and a test bed for the two companies' battery and thermal-management technologies. In a unique twist, Mustang Lithium features a manual transmission and uses a drag-strip proven Calimer-version of the Getrag MT82 6-speed transmission with billet internals to handle the 1,000 ft. [Full Article...]


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