Sharp and Foxconn to Settle Takeover Soon
Foxconn expects to seal a takeover deal with Sharp by the end of February. Executives from both companies met on Thursday and agreed on a number of items, but didn't sign any final agreements. Foxconn has been courting Sharp for a while now, and has offered $5.5 billion to buy the company. Sharp is also entertaining an offer from Innovation Network Corp. of Japan, a government-backed fund, but INCJ's offer is much lower than Foxconn's. Foxconn's CEO says the two cleared 90% of the hurdles during Thursday's meeting, but at least one legal issue prevented them from closing the deal. The two CEOs believe they can work out the remaining issues before the end of the month.
Oct 26, 2018
Art enthusiasts have 200,000 new reasons to be excited about the Google Arts & Culture app, which recently expanded its partnership with New York City's Metropolitan Museum of Art. The Met has been methodically digitizing its collection of more than 1.5 million artifacts that span some 5,000 years of history.
Oct 3, 2018
Facebook believes artificial intelligence will benefit buyers and sellers who use Facebook Marketplace. Moving forward, Marketplace will rely on several AI-based features to improve the usefulness of the neighborhood sales tool.
Nov 5, 2018
7-Eleven is testing a new way for customers to pay for items as they shop at 7-Eleven retail locations. The Scan & Pay feature is being added to the 7-Eleven mobile app.
Mar 27, 2018
Foxconn says it has agreed to acquire Belkin International for $866 million in cash. Foxconn, a unit of Hon Hai Precision, is most widely known for manufacturing iPhones for Apple.
Aug 4, 2017
The Unicode Consortium today proposed adding 67 new emoji as part of Unicode 11, including a variety of faces, body parts, food items, animals, clothing items, objects, and activities. Some of the face options include smiling face with cape, face with uneven eyes and wavy mouth, and face with glistening eyes.