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Thread: The business news thread

  1. #231
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    A fiber-optic camera system will show the outside view on digital screens that look like windows. I don't think the idea of windowless airplanes is going to fly -- and I mean that figuratively and literally.

    Dubai-based airline Emirates designs windowless plane

    http://www.cnn.com/travel/article/em...nes/index.html

  2. #232
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    Layoffs of McDonald's executives instead of the workers who actually prepare the food -- What a novelty!

    McDonald's plans corporate layoffs at regional offices as part of $500 million in cuts

    http://www.chicagotribune.com/busine...607-story.html

  3. #233
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    The Summit supercomputer is capable of doing 200,000,000,000,000,000 mathematical calcuations per second. Yeah, very impressive, but can it balance a checkbook or program a DVR?

    IBM debuts world's fastest supercomputer

    https://finance.yahoo.com/news/ibm-d...200103903.html

  4. #234
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    "You vill svitch to our new version of Gmail und you vill like it! That iss an order!"

    Google will force you to switch to the new Gmail by October whether you want to or not

    http://www.businessinsider.com/googl...imeline-2018-6

  5. #235
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    Incuding debt, this deal values Envision at $9.9 billion. Envision's website says they speciaize in "consumer driven healthcare plans." I predict those "consumers" are soon going to see huge price increases.

    Private equity firm KKR to buy Envision Healthcare for $5.5 billion plus debt

    https://www.msn.com/en-us/money/comp...D=ansmsnnews11

  6. #236
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    Uber may never get this patent and Uber may never use this technology. I hope they don't. Sober people could easily be misidentified as drunk. And hey, Uber, even if a rider is drunk, his money is just as good as a sober rider's money.

    Uber wants a patent on technology to help tell drunk riders from sober ones

    http://www.latimes.com/business/tech...612-story.html

  7. #237
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    I have just one question: How soon can we expect our telephone rates and our cable rates to go up?

    AT&T wins: Judge clears $85 billion bid for Time Warner
    US District Court Judge Richard Leon did not impose conditions on the merger's approval. He also urged the government not to seek a stay.

    https://www.cnbc.com/2018/06/12/att-...er-ruling.html

  8. #238
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    "Tesla" must stand for "Terminating Employment of Scores of Longtime Associates."

    Tesla layoffs: Elon Musk says job cuts required to fuel profits
    CBS News, Jun 12 2018 4:01 PM EDT

    Electric car maker Tesla is laying off about 3,600 white-collar workers as it slashes costs in an effort to become profitable. CEO Elon Musk said in an e-mail to workers today that the cuts amount to about 9% of the company's workforce of 40,000. While saying Tesla is more focused on producing environmentally friendly cars than making money, Musk added that "we will never achieve that mission unless we eventually demonstrate that we can be sustainably profitable."

    https://www.cbsnews.com/news/tesla-l...-fuel-profits/

  9. #239
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    In 2004, a man was shot in the back in Melbourne. A Google search for "Melbourne criminal underworld photos" brings up pictures of criminals.......and pictures of him. He doesn't want anyone thinking he's a hardened criminal so he's suing Google for defamation. I wouldn't think he has any chance of winning -- but in today's crazy world, anything is possible.

    Australian to sue Google for defamation over search results

    https://www.cbsnews.com/news/austral...urne-criminal/

  10. #240
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    Just wait until 2022 when the AOL/AT&T-DIRECTV-DC-Columbia-Universal-Citadel-Time Warner Corporation makes a one-trillion-dollar offer to merge with MGM-RCA-Dish-Marvel-Disney-Pixar-Fox-Univision-iHeart-United Artists.

    Comcast bids $65 billion for Fox assets, challenging Disney's offer
    CBS News, Jun 13 2018 1:35 PM

    Comcast today offered $65 billion for much of 21st Century Fox, a 19% premium over the December offer from the Walt Disney Company which Fox Chairman Rupert Murdoch had already accepted. To further sweeten the all-cash deal, Comcast said it would pay a $2.5-billion breakup fee should Comcast fail to win regulatory approval for the deal.

    Murdoch and his board must decide whether Comcast’s bid would have a shot at prevailing and whether the offer is indeed better than Disney’s. Should that happen, Disney would then have a five-day window to match or beat Comcast’s offer. If Fox ultimately bypassed Disney in favor of selling the assets to Comcast, then Fox would owe Disney a $1.5-million breakup fee to walk away from the earlier deal.

    http://www.latimes.com/business/holl...613-story.html

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