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Lear to Acquire Seattle Connected Vehicle Tech Firm Xevo For $320M

Lear Corp., a Southfield, MI-based manufacturer of car seats, automotive electrical systems, and other products, announced Tuesday it has agreed to acquire Xevo, a Seattle-based developer of connected vehicle software, for $320 million.Lear (NYSE: LEA) has been in business for over a century, and says its products are used by nearly every major automaker. The company’s sales were $21.1 billion last year. Lear says it has about 169,000 employees across 257 locations in 39 countries.Xevo, in turn...
Tags: Deals, Startups, Cars, Trends, Tech, Software, M&a, Autos, Lea, Seattle, Connected Vehicles, Acquisitions, Southfield, Lear, Lear Corp, John Absmeier


Game of Thrones torrents are packing a nasty surprise

Winter is coming for one of television’s most-pirated shows. On Monday, security firm Kaspersky released a new report diving into the means by which hackers are ruining your favorite pirated TV shows. Game of Thrones, as you might have guessed, was chief among them, making it a risky move to pirate the TV show without additional filtering of downloaded torrent files. Kaspersky’s report showed that Game of Thrones content was responsible for approximately 17 percent of infected downloads, affecti...
Tags: Startups, Kaspersky, Insider


Chinese tech giant Tencent plans $5 billion bond sale - sources

China's Tencent Holdings Ltd is returning to the market with a U.S. dollar bond that could raise about $5 billion, two people with direct knowledge of the matter said.
Tags: Money, China, businessNews, Tencent, Tencent Holdings Ltd


Malaysia to sell yacht at center of 1MDB scandal for $126M

KUALA LUMPUR, Malaysia (AP) — Malaysia’s government says a luxury yacht allegedly bought with money stolen from a troubled state investment fund will be sold to casino operator Genting Berhad for $126 million, half its original price. Attorney-General Tommy Thomas says the Admiralty Court on Wednesday approved the sale of the Equanimity, which has lavish […]
Tags: Business, News, Nation, Malaysia, Kuala Lumpur Malaysia, Nation & World, Admiralty Court, Genting Berhad, Tommy Thomas


Global Markets: Asian shares scale 7-month highs; oil nears $70 on tight supply

Asian shares rose to seven-month highs on Wednesday as investors lapped up signs of progress in U.S.-China trade talks and brisk economic data, while oil approached the key $70 per barrel mark.
Tags: Money, China, businessNews, Global Markets


Trade war, Brexit could slow developing Asia's 2019, 2020 growth - ADB

Growth in developing Asia could slow for a second straight year in 2019 and lose further momentum in 2020, the Asian Development Bank (ADB) said on Wednesday, warning of rising economic risks from a bitter Sino-U.S.trade war and a potentially disorderly Brexit.
Tags: Asia, Money, businessNews, Adb, Brexit, Asian Development Bank ADB


Don’t Anticipate Fear

I had a phone call to make about something that was embarrassing for me. It was so embarrassing that I actually put it off for three months; now that’s embarrassment. I kept wondering what the person on the other end would say, and how they would react. My mind kept seeing and hearing all these […]
Tags: Leadership


New Gmail feature will let you easily schedule emails

Google's e-mail service Gmail has turned 15 and to celebrate the tech giant has introduced a handy new feature.Users can now schedule emails to send at a particular time within Gmail."Just write your email as you normally would,... [Author: [email protected]]
Tags: Google, Business


Japan caps overtime after work stress causing deaths

A new law capping overtime has come into effect in Japan in an attempt to tackle the nation's culture of long working hours.The law limits extra work to 45 hours a month and 360 hours a year, with potential fines of 300,000 yen... [Author: [email protected]]
Tags: Business, Japan


Gamestop Corp. (GME) Q4 2018 Earnings Conference Call Transcript

GME earnings call for the period ending December 31, 2018.
Tags: Finance, Article, FBN, GME, Motley Fool, GameStop Corp, Fbn/markets, Fox-business/markets, 3709ca3b-7419-5328-862d-85921e766263


Simon Moutter exit prompts 'sell' recommendation from Fat Prophets

Stocks research house Fat Prophets changed its buy recommendation on Spark New Zealand to sell after news that chief executive Simon Moutter is stepping down.News that Moutter will be replaced by Jolie Hodson "has come as a surprise... [Author: [email protected]]
Tags: Business, Simon Moutter, Moutter, Spark New Zealand, Jolie Hodson


A2 Milk says lift in dairy prices may impact in FY2020

A2 Milk Company said recent increases in dairy pricing will have an impact on gross margin percentages in the 2020 financial year but it doesn't anticipate any significant impact this year. Dairy product prices rose for the ninth... [Author: [email protected]]
Tags: Business, A2 Milk Company


Report: Asian economies lag as trade tensions drag on growth

Trade tensions between China and the United States are putting a drag on economies in the region, with growth likely to continue to slow in the coming two years, the Asian Development Bank says in a report released Wednesday.
Tags: Finance, China, Article, United States, Associated Press, FBN, Asian Development Bank, ELAINE KURTENBACH, Fbn/markets, Fox-business/markets, Fox-business/economic-indicators, Fox-business/politics, Fox-business/features, 5420a66f-2bfc-5263-b81e-a915d965c33b




Google kills off Google+ and Inbox in ritual slaughter

If Google were a TV show, it’d undoubtedly be Game of Thrones. Like Game of Thrones, it’ll introduce a prominent new character (app) that has the potential to change everything, only to see it killed off in the next season. The most recent victims: Inbox and Google+, two apps that were once seen as game-changers for their respective fields. Granted, we’ve known the end was coming for some time, but I’m still sad to see them go. Inbox launched in 2014 as a revolutionary take on email. It introduc...
Tags: Google, Startups, Apps, Insider


Nobel Prize winner wants to fight nuclear waste with lasers

The work of Nobel Prize winner Gerard Mourou could potentially solve (or at least mitigate) a major problem in the energy industry: nuclear waste. And the solution? Lasers, that which we hope will be the answer to every question. Before you get too excited (and I know you are, because lasers), the lasers won’t be coming into contact with the waste for quite some time. According to a Bloomberg profile published this week, Mourou and his colleague, Professor Toshiki Tajima, are presently speaking ...
Tags: Startups, Science, Bloomberg, Toshiki Tajima, Gérard Mourou, Mourou


Airline Oscars: Air NZ's skycouch wins gong at Crystal Cabin Awards

Air New Zealand's secure "Skycouch" bed for young children has taken a top gong in the Crystal Cabin Awards, known as the Oscars for plane interiors.Another winner was Airbus which has designed a sleep and play area in the cargo... [Author: [email protected]]
Tags: Business, New Zealand


Prosecutors in Gracey fraud case pursue money used to rent Beverly Hills mansion

Federal investigators believe some of the $6 million that Keenan Alexander Gracey allegedly stole through a complex stock fraud is still in a bank account controlled by a former landlord who happens to be Vanna White's ex-husband.
Tags: Business, Crime, News, Beverly Hills, Vanna White, Gracey, Keenan Alexander Gracey


Facebook is asking some new users for their email passwords and appears to be harvesting their contacts without consent (FB)

Facebook is asking some new users to provide the password to their email account. The move has alarmed security experts, who warn it could encourage users to engage in "risky" behaviour and increase their chances of being hacked. The social network also appears to be accessing these users' contacts without asking for permission. The company now says it is discontinuing this login tool, though it didn't give a timeframe.  Facebook asks some new users to provide the social network with the pass...
Tags: Google, Facebook, Mark Zuckerberg, Trends, Signal, Yandex, Electronic Frontier Foundation, Troy Hunt, Cyphers, Bennett Cyphers


MBIE rejects NZ Steel's latest complaint on Chinese imports

The Ministry of Business, Innovation and Employment took longer and wrote a bigger report but still rejected New Zealand Steel's latest complaint that Chinese imports have an unfair government subsidy. The ministry was asked to... [Author: [email protected]]
Tags: Business, New Zealand, Mbie, Ministry of Business Innovation and Employment, NZ Steel


Seattle rents growing at among slowest rates in country as apartment boom reaches record

Seattle is building the 4th-most apartments of any region in the country, while its rent growth is just 559th highest.
Tags: Business, Real Estate, News, Seattle, Local News


British Airways Looks to the U.S. for Profitable Growth

British Airways already flies from London to more than two dozen destinations in the United States, but it's still finding plenty of new growth opportunities here.
Tags: London, Finance, Article, United States, British Airways, FBN, Motley Fool, Fbn/markets, Fox-business/markets, British Airways Looks, 075b7f20-3e4d-532e-af96-bd146073c336


GameStop Continues to Fall Apart

The video game retailer reported rough holiday results and provided abysmal guidance.
Tags: Finance, Article, Gamestop, FBN, Motley Fool, Fbn/markets, Fox-business/markets, 8fc26dcc-e2d6-5f8d-82bc-a1a3c2b77151


Hacked Cryptopia investors in the dark over 'rebate'

Hacked Christchurch-based cryptocurrency exchange Cryptopia will give a "rebate" to investors who lost funds. But details are sketchy. And a decision to refund people who lost currency using the NZ dollar price on the day of the... [Author: [email protected]]
Tags: Business, Nz


Air New Zealand could face fresh problem with Rolls-Royce engines on Dreamliners after Singapore Airlines grounds planes

Problems with engines used on some Air New Zealand Dreamliners have forced Singapore Airlines to ground two of its planes.Rolls-Royce has told Air New Zealand of an issue with the newer version Trent 1000 TEN engines and the airline... [Author: [email protected]]
Tags: Business, New Zealand, Air New Zealand, Singapore Airlines, Rolls Royce


Gold inches lower as equities hover near seven-month peak

Gold prices slipped on Wednesday, after touching their lowest level in four weeks in the previous session, as equities traded near a seven-month high, denting bullion's appeal.
Tags: Money, businessNews


Tokyo prosecutors readying new case against Ghosn over Oman payments: report

Tokyo prosecutors are preparing to build a fresh case against ousted Nissan Motor Co Ltd chairman Carlos Ghosn over suspect payments the automaker made to a business partner in Oman, Japan's Yomiuri newspaper reported on Wednesday.
Tags: Money, businessNews, Oman, Tokyo, Ghosn, Carlos Ghosn, Yomiuri, Nissan Motor Co Ltd, Oman Japan


Global Markets: Asian shares near seven-month highs, investors pause for breath

Asian shares hovered near seven-month highs early on Wednesday as global investors paused for breath after the strong rally seen earlier this week, while oil approached the key $70 per barrel mark.
Tags: Money, businessNews, Global Markets


Global LNG trade to double to 400 bcm by 2040 - BP CEO Dudley

The global trade in liquefied natural gas (LNG) will double to 400 billion cubic metres (bcm) by 2040, BP Plc chief executive Bob Dudley told a conference here on Wednesday.
Tags: Money, businessNews, Bob Dudley, Dudley, BP Plc


Notices at Intel press event seem to say attending photographers must assign copyright to all pictures and videos to the company

Mitch Wagner attended an Intel press and analyst event today where he spotted these notices "posted discreetly in a couple of places on the walls": at first glance, they seem like your garden-variety abusive bullshit release ("Abandon hope all ye who enter here") but there's a decidedly Vessel-esque clause that seems to be saying that Intel claims the copyright in any photo or video in which any of the event appears, even "distorted in character or form, throughout the world, in all media now k...
Tags: Post, Business, News, Intel, Signs, Bullshit, Reasonable Agreement, Mitch Wagner, Eulas



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