Qualcomm raises its bid to acquire NXP

Qualcomm today announced that it has reached an agreement with NXP Semiconductors NV to raise its bid to $127.50 per share from $110 and has lowered minimum tender threshold to 70% of outstanding shares instead of the 80% it required under the earlier terms.

Qualcomm said that it has reached a binding agreement with nine NXP Stockholders who currently collectively own more than 28% of outstanding shares which excludes additional economic interests through derivatives. The latest offer values NXP at $44 billion. The revised price reflects NXP’s recent performance which includes the 2017 results which exceeded Qualcomm’s transaction model on revenue, gross margin and EBIT and GAAP operating income also increased 20% from calendar 2016 to 2017.

The NXP auto business has increased revenues by 11% YoY on the other hand,  Qualcomm has also significantly improved its own capabilities in key industry segments such as Auto, IoT, and Networking. NXP’s shares were up 6.5% at $126.15 in premarket trading. The acquisition will help Qualcomm in the fast-growing auto-mobiles chipset market.

NXP has time till March 5th, 2018 and Qualcomm intend to fund the additional consideration with cash on hand and new debt. Qualcomm’s acquisition of NXP has received antitrust clearance from eight of the nine required government regulatory bodies around the world …

Qualcomm today announced that it has reached an agreement with NXP Semiconductors NV to raise its bid to $127.50 per share from $110 and has lowered minimum tender threshold to 70% of outstanding shares instead of the 80% it required under the earlier terms. Qualcomm said that it has reached a binding agreement with nine NXP Stockholders who currently collectively own more than 28% of outstanding shares which excludes additional economic interests through derivatives. The latest offer values NXP at $44 billion. The revised price reflects NXP’s recent performance which includes the 2017 results which exceeded Qualcomm’s transaction model on revenue, gross margin and EBIT and GAAP operating income also increased 20% from calendar 2016 to 2017. The NXP auto business has increased revenues by 11% YoY on the other hand,  Qualcomm has also significantly improved its own capabilities in key industry segments such as Auto, IoT, and Networking. NXP’s shares were up 6.5% at $126.15 in premarket trading. The acquisition will help Qualcomm in the fast-growing auto-mobiles chipset market. NXP has time till March 5th, 2018 and Qualcomm intend to fund the additional consideration with cash on hand and new debt. Qualcomm’s acquisition of NXP has received antitrust clearance from eight of the nine required government regulatory bodies around the world ...

Fitbit to end support for Pebble smartwatches on June 30

Fitbit today has made it clear once and for all that it will end support for Pebble smartwatches on June 30. Fitbit acquired Pebble along with smartwatch team and assets related to their software platform back in 2016. The company will put an end to most of Pebble’s features including App Store, the forum, cloud development tool, voice recognition features, and SMS and email replies.

Pebble’s core Apps for iOS and Android will still function for now and the notifications which are a main feature of smartwatches will also work as long as the core apps are functional. As a part of the appreciation, Fitbit is offering $50 off on a Fitbit Ionic smartwatch to Pebble users who still own a device with a valid serial number.

To redeem the offer, users who have purchased Pebble device prior to December 7, 2016, and opted in to receive Fitbit’s marketing communications, will receive an email with additional details. For users who have purchased after December 2016 need to register here for the Pebble discount updates. Fitbit says that Pebble users can expect the same level of experience they had in 2017 until June 30th, 2018.

While the Pebble devices and mobile apps will continue to work after June 30, 2018, Pebble services will end their support …

Fitbit today has made it clear once and for all that it will end support for Pebble smartwatches on June 30. Fitbit acquired Pebble along with smartwatch team and assets related to their software platform back in 2016. The company will put an end to most of Pebble’s features including App Store, the forum, cloud development tool, voice recognition features, and SMS and email replies. Pebble's core Apps for iOS and Android will still function for now and the notifications which are a main feature of smartwatches will also work as long as the core apps are functional. As a part of the appreciation, Fitbit is offering $50 off on a Fitbit Ionic smartwatch to Pebble users who still own a device with a valid serial number. To redeem the offer, users who have purchased Pebble device prior to December 7, 2016, and opted in to receive Fitbit's marketing communications, will receive an email with additional details. For users who have purchased after December 2016 need to register here for the Pebble discount updates. Fitbit says that Pebble users can expect the same level of experience they had in 2017 until June 30th, 2018. While the Pebble devices and mobile apps will continue to work after June 30, 2018, Pebble services will end their support ...

Google Gboard for iOS gets dedicated GIF-making button

Google has silently rolled out an update to its Gboard app which brings the Gif-Making button to the main screen right next to the word suggestion bar. Though this feature is available since last September, it is hidden behind the emoji button on the bottom. With this new change, accessing the button is more convenient. 

The Gif-making button with its new placement allows you to quickly create your own funny reactions and send it as Gifs while chatting. You can use your front or rear camera to create ‘Loop’ a small three-second Boomerang like clip or ‘Fast-Forward’ one or two-second clips. Once you are done, you can copy paste the gif to send it to your friends.

Turning small video clips isn’t a new feature, there are many 3rd party apps that can do it. In Fact, Google’s own Motion Stills app makes it possible. But bringing the Gif-making button to the home screen is the easiest way to create funny reactions. For now, the update is just available to iOS, but we can expect it to land in Android very soon.

Source | Via

Google has silently rolled out an update to its Gboard app which brings the Gif-Making button to the main screen right next to the word suggestion bar. Though this feature is available since last September, it is hidden behind the emoji button on the bottom. With this new change, accessing the button is more convenient.  The Gif-making button with its new placement allows you to quickly create your own funny reactions and send it as Gifs while chatting. You can use your front or rear camera to create 'Loop' a small three-second Boomerang like clip or 'Fast-Forward' one or two-second clips. Once you are done, you can copy paste the gif to send it to your friends. Turning small video clips isn't a new feature, there are many 3rd party apps that can do it. In Fact, Google's own Motion Stills app makes it possible. But bringing the Gif-making button to the home screen is the easiest way to create funny reactions. For now, the update is just available to iOS, but we can expect it to land in Android very soon. Source | Via

Facebook said to be testing new ‘Today In’ local news and events section in the app

Facebook wants to make it easier for us to stay updated with local news and events dubbed ‘Today In’. Testing of the feature is running in just six cities for now: New Orleans, La.; Little Rock, Ark.; Billings, Mont.; Peoria, Ill.; Olympia, Wash.; and Binghamton, N.Y.

Users from the mentioned places will be able to explore the new section to see local information, like stories from local publishers or emergency updates from local authorities. The company is using machine-learning software to surface content in the new section. According to the Facebook’s spokesperson, former NBC news anchor Campbell Brown will approve and overlook the local news publishers who appear in the new section.

Furthermore, the company says that it is all part of Facebook’s Journalism Project initiative which Facebook launched shortly after last year’s U.S. presidential election. The company has already launched few other news-related features last year including breaking news label and a label identifying stories disputed by outside fact-checkers.

Though the news section will bring in more traffic for publishers, it doesn’t bring any revenue at least during the time of launch. Even the getting traffic is questionable since it is dependent on how often Facebook users use the feature. Facebook will eventually roll this out to more cities. …

Facebook wants to make it easier for us to stay updated with local news and events dubbed 'Today In'. Testing of the feature is running in just six cities for now: New Orleans, La.; Little Rock, Ark.; Billings, Mont.; Peoria, Ill.; Olympia, Wash.; and Binghamton, N.Y. Users from the mentioned places will be able to explore the new section to see local information, like stories from local publishers or emergency updates from local authorities. The company is using machine-learning software to surface content in the new section. According to the Facebook's spokesperson, former NBC news anchor Campbell Brown will approve and overlook the local news publishers who appear in the new section. Furthermore, the company says that it is all part of Facebook’s Journalism Project initiative which Facebook launched shortly after last year’s U.S. presidential election. The company has already launched few other news-related features last year including breaking news label and a label identifying stories disputed by outside fact-checkers. Though the news section will bring in more traffic for publishers, it doesn't bring any revenue at least during the time of launch. Even the getting traffic is questionable since it is dependent on how often Facebook users use the feature. Facebook will eventually roll this out to more cities. ...

Microsoft launches redesigned Skype for Desktop for Windows and Mac

Microsoft had launched redesigned Skype for mobile back in June, and the company has been testing its mobile interface changes in desktop versions of its apps. The redesigned interface mostly focused on media sharing and social expression tools. Today the company has publicly launched the redesigned Skype for the desktop. The new design lets you customize the look of … Continue reading “Microsoft launches redesigned Skype for Desktop for Windows and Mac”

Microsoft had launched redesigned Skype for mobile back in June, and the company has been testing its mobile interface changes in desktop versions of its apps. The redesigned interface mostly focused on media sharing and social expression tools. Today the company has publicly launched the redesigned Skype for the desktop. The new design lets you customize the look of … Continue reading "Microsoft launches redesigned Skype for Desktop for Windows and Mac"