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jeff bezos, aspiring supervillain, tests out gigantic robot suit


gif jeff bezos testing out the method-2 mecha robot by hankook mirae technology yesterday at a private amazon conference on automation (twitter)what would you do if you were a billionaire? elon musk is trying to get to mars. peter thiel wants to live forever. and jeff bezos, well, amazon ceo jeff bezos apparently wants to rule the world in a gigantic robot. at least that’s the impression you might get from the photos and video taken yesterday.advertisementlast night at amazon’s annual robotics conference jeff bezos slipped into something a bit more comfortable—a 13-foot tall robot designed by korean company hankook mirae technology. bezos, much like his fellow tech billionaires, seems to be on the fast track to supervillain status before we’re all inevitably annihilated in a nuclear war st






jeff bezos, aspiring supervillain, tests out gigantic robot suit


gif jeff bezos testing out the method-2 mecha robot by hankook mirae technology yesterday at a private amazon conference on automation (twitter)what would you do if you were a billionaire? elon musk is trying to get to mars. peter thiel wants to live forever. and jeff bezos, well, amazon ceo jeff bezos apparently wants to rule the world in a gigantic robot. at least that’s the impression you might get from the photos and video taken yesterday.advertisementlast night at amazon’s annual robotics conference jeff bezos slipped into something a bit more comfortable—a 13-foot tall robot designed by korean company hankook mirae technology. bezos, much like his fellow tech billionaires, seems to be on the fast track to supervillain status before we’re all inevitably annihilated in a nuclear war st






toshiba may spin off nand flash unit and if wd scoops it up, it will surp samsun


sometimes one division in a company can drag down others - that’s what is happening at toshiba, where the nand flash business is booming, but the conglomerate faces a multi-billion dollar write-down over issues with the westinghouse nuclear power plant.analysts at mirae et daewoo securities say toshiba leadership is considering spinning off the memory business as soon as possible (by the end of march) and western digital is reportedly the frontrunner to scoop up a 20% stake. wd (which acquired sandisk recently) is currently third in the global nand flash market (with a 17.1% share) after samsung (36.6%) and toshiba (19.8%).however, wd and toshiba combined would surp samsung’s market share, putting the new company in the lead. make no mistake, samsung’s memory business is a big part of how






lg to build $250m plant in tennessee, creating 600 jobs


nashville, tenn. — south korean appliance maker lg electronics inc. announced tuesday that it has selected tennessee as the site for its first washing machine plant in the united states.the 829,000-square-foot facility is projected to cost $250 million and create 600 new jobs. the plant will be built in clarksville, about 40 miles northwest of nashville.dan song, the president of lg's home appliances division, called tennessee the "clear choice" for the new plant after a national search dating back six years. republican gov. bill haslam's administration declined to detail the incentive package offered to lg because the contacts had not yet been finalized.south korean tire maker hankook also has a new plant in clarksville, and the company announced last year it was moving its north american






ceo at ralph lauren departs


new york — stefan larsson, who took over as ceo for ralph lauren less than two years ago in hopes of revitalizing the iconic brand, is leaving the company.lauren, who said at the time that larsson "understands what dreams are," says larsson pushed the company in the right direction.the two apparently split, however on how best to turn the company around. lauren says the decision to part ways is mutual. larsson will remain with the company until may.company shares, which have fallen more than 20 percent in the past year, plunged 10 percent before the opening bell thursday.the search for a new chief executive is underway.






rubicon project appoints michael barrett as ceo


advertising technology company rubicon project has appointed online ad veteran michael barrett as chief executive, after a tumultuous six months of missed business opportunities, job cuts and questions about whether the company could be sold.rubicon founder frank addante is stepping down as ceo after 10 years and will remain with the company as chairman. mr. addante said he would continue to be “actively engaged” with the company’s...






lg is right, phones need to focus on usability instead of battling it out over s


the big news about the lg g6 is its screen. not big in the phablet sense (which isn’t to say, of course, that 5.7 inches isn’t substantial), but big as in wide, with an unusually large 18:9 aspect (read: 2:1). but aspect ratios are a tough sell, particularly when your company is reeling from the failure of last year’s modular handset, the g5.still, the company actually made a fairly salient point when it took to the stage in barcelona to discuss the g5’s stumble and the company’s plans to move beyond it. as lg mobile president juno cho put it,last year i learned a meaningful lesson, both as an executive and as a consumer. meeting the consumer’s needs is the beginning and solution for meaningful innovations.cho was quick to add that the company was still “proud” of its efforts with the g5,






lg is right, phones need to focus on usability instead of battling it out over s


the big news about the lg g6 is its screen. not big in the phablet sense (which isn’t to say, of course, that 5.7 inches isn’t substantial), but big as in wide, with an unusually large 18:9 aspect (read: 2:1). but aspect ratios are a tough sell, particularly when your company is reeling from the failure of last year’s modular handset, the g5.still, the company actually made a fairly salient point when it took to the stage in barcelona to discuss the g5’s stumble and the company’s plans to move beyond it. as lg mobile president juno cho put it,last year i learned a meaningful lesson, both as an executive and as a consumer. meeting the consumer’s needs is the beginning and solution for meaningful innovations.cho was quick to add that the company was still “proud” of its efforts with the g5,






snap's ipo builds an 'impregnable fortress' where only the founders have power


the founders of snap inc. want to take the company public. but that doesn’t mean they want to run a public company.public companies, after all, have to deal with shareholders who don’t like the way the company is being run. they have to ask shareholders whether they are paying executives too much. they have to seriously consider takeover offers. they have to, in other words, cede at least some control and influence to investors.unless they don’t.when the company behind messaging app snapchat holds its much-anticipated initial public stock offering in the coming weeks, it will offer new shareholders exclusively nonvoting shares, something no company has tried before in a public debut.the novel move has an array of implications for the venice company and would-be investors, affecting the typ






fukushima cleanup company baffled by robot-killing radiation


the company in charge of the ruined fukushima no. 1 nuclear plant revealed thursday it needed new ideas to design robots capable of surviving the high levels of radiation inside the site’s reactors, which were damaged in a 2011 earthquake and its resulting tsunami. the tokyo electric power company (tepco) has hit a new obstacle since…






smuckers plans to build uncrustables factory in longmont – the denver post


the j.m. smucker company will build a manufacturing facility in longmont where it will produce its uncrustables, pre-made frozen peanut er and jelly sandwiches, the company announced.smucker, based in orrville, ohio, expects to begin construction this year and start producing the sandwiches in 2019, the company said in a news release.the company already has a factory in scottsville, ky., where it will continue to produce up to 2 million sandwiches daily. smucker said it sells $200 million worth of the frozen sandwiches annually.the longmont factory will be the company’s first in colorado and it is expected to employ up to 500 employees, the company said. construction is contingent on longmont approving tax and business incentives.“we think smucker is a great fit for longmont,” longmont may






latest leak suggests snap inc. is considering a 360 camera


why it matters to you as snap goes public, leaks are becoming more commonplace, giving us more insight to the company's long-term plans.snapchat arguably made camera glasses popular when they rebranded as a hardware company called snap and launched spectacles late in 2016 but sources suggest that the company’s experimenting is far from over. according to three anonymous sources that work closely with the company, snap is exploring the possibility of creating a 360 camera.the speculation comes a day after the new york times suggested the company is working on a camera drone. both leaks come during the week snap inc. officially went public on the new york stock exchange, trading up at 48.4 percent, according to reuters.more: snapchat’s bright yellow spectacles kiosks could be on the verge of






once-thriving midwest delivery company closes it doors


madison, wis. — a minnesota-based delivery company that at one time had 11 warehouse locations in six states has closed its doors nearly 70 years after it was founded in madison.the wisconsin state journal reports (http://bit.ly/2lr5u2l) that dunham express ceased operations on feb. 10. an order establishing a receivership filed in minneapolis on jan. 18 had revealed the company owed nearly $8 million to lenders and creditors it was unable to pay.james mctevia, whose bingham farms, michigan firm was appointed by the court to serve as the receiver, says the company was in poor financial condition, but would not elaborate on what led to its demise.the company employed about 200 people. it had operations in minnesota, wisconsin, illinois and indiana and also served clients in iowa and michiga






uber president quits abruptly after string of company scandals


san francisco — uber’s president has quit after less than a year on the job, following a string of scandals at the company and ceo travis kalanick’s promise to hire a new second-in-command.the san francisco-based ride-hailing company confirmed the departure in an emailed statement.“we want to thank jeff for his six months at the company and wish him all the best,” a spokesman wrote.jeff jones, who joined uber as president of ride-sharing in september after serving as chief marketing officer at target, criticized the company in a statement to recode.jones said “the beliefs and approach to leadership that have guided my career are inconsistent with what i saw and experienced at uber, and i can no longer continue as president of the ride sharing business.”check this website for more on this s






for snap, the truth will be in advertising


snap calls itself a camera company, but everything beyond the first line of its ipo filing suggests it is an advertising company. and estimating how much ad revenue it can generate is essential to determining its value.almost all of snap’s revenue thus far has come from ads. its sales are growing quickly, climbing nearly sevenfold in 2016 over the previous year. but with only two years of financial results to go on, investors weighing whether to buy shares after the company’s initial public offering this week face a...






spacex isn't first private company to offer trips around the moon


the private spaceflight company spacex plans to fly two private citizens on a trip around the moon in 2018. but this isn't the first time a private company has promised lunar vacations to private citizens.






longtime autodesk ceo stepping down


new york — the longtime ceo of the design software company autodesk is stepping down after reaching an agreement with activist investors.the company said tuesday that the hedge fund sachem head capital mana ent will vacate two board seats when a new chief executive is named.b will step down wednesday, but still holds a seat on board of directors and will be nominated for re-election at the company's annual meeting. crawford w. beveridge will remain non-executive chairman of the board.in the sachem head agreement, scott ferguson and jeff clarke will resign from the board of directors.the company said b , who has lead the company for more than a decade, and autodesk's board began discussing succession more than 18 months ago as part of the board's longstanding succession planning process.






pound collapse costs rolls royce $5.5 billion


london — british engineering company rolls royce says that the collapse in the pound's value has cost it some 4.4 billion pounds ($5.5 billion).the company, which makes engines for aircraft, among other things, said tuesday that the pound's near-20-percent drop against the dollar since britain's june vote to leave the european union forced it to mark lower the value of certain financial contracts.on top of that, the company paid 671 million pounds to settle bribery allegations with regulatory authorities.that caused the company to book a full-year net loss of 4 billion pounds, compared with profit of 84 million pounds in 2015. revenues rose to 15 billion pounds from 13.7 billion poundsthe company no longer produces the rolls royce luxury cars, which are made by bmw.






the difference between stocks and bonds


illustration by angelica alzona, photos by pixabay, unsplash, pixabayinvesting isn’t as hard as most people think, but there’s a lot of jargon to learn. stocks and bonds are two common terms that come to mind when you think about investing. many people don’t know the difference, so we’re going to break it down.stocks buy ownership, bonds buy debtfor most of us, the obtaining the dream of retirement means investing our money so it can grow over time. while there are specific types of investments, stocks and bonds are two general categories you should be invested in.advertisementin basic terms, a stock is a piece of ownership in an individual company. this is also known as equity. when a company goes public, like microsoft, google, or general motors, they sell shares of their business to the






the difference between stocks and bonds


illustration by angelica alzona, photos by pixabay, unsplash, pixabayinvesting isn’t as hard as most people think, but there’s a lot of jargon to learn. stocks and bonds are two common terms that come to mind when you think about investing. many people don’t know the difference, so we’re going to break it down.stocks buy ownership, bonds buy debtfor most of us, the obtaining the dream of retirement means investing our money so it can grow over time. while there are specific types of investments, stocks and bonds are two general categories you should be invested in.advertisementin basic terms, a stock is a piece of ownership in an individual company. this is also known as equity. when a company goes public, like microsoft, google, or general motors, they sell shares of their business to the






the difference between stocks and bonds


illustration by angelica alzona, photos by pixabay, unsplash, pixabayinvesting isn’t as hard as most people think, but there’s a lot of jargon to learn. stocks and bonds are two common terms that come to mind when you think about investing. many people don’t know the difference, so we’re going to break it down.stocks buy ownership, bonds buy debtfor most of us, the obtaining the dream of retirement means investing our money so it can grow over time. while there are specific types of investments, stocks and bonds are two general categories you should be invested in.advertisementin basic terms, a stock is a piece of ownership in an individual company. this is also known as equity. when a company goes public, like microsoft, google, or general motors, they sell shares of their business to the






the difference between stocks and bonds


illustration by angelica alzona, photos by pixabay, unsplash, pixabayinvesting isn’t as hard as most people think, but there’s a lot of jargon to learn. stocks and bonds are two common terms that come to mind when you think about investing. many people don’t know the difference, so we’re going to break it down.stocks buy ownership, bonds buy debtfor most of us, the obtaining the dream of retirement means investing our money so it can grow over time. while there are specific types of investments, stocks and bonds are two general categories you should be invested in.advertisementin basic terms, a stock is a piece of ownership in an individual company. this is also known as equity. when a company goes public, like microsoft, google, or general motors, they sell shares of their business to the






sierra nevada corp. to expand louisville site, may hire 400 – the denver post


aerospace firm sierra nevada corp. has leased 101,000 square feet of additional space within louisville’s colorado technology center, a move that could allow the company to make 400 new hires over the next 18 months.the company is leasing space at 2000 taylor ave. from etkin johnson real estate partners, a denver-based company that constructed the building last year, according to company spokeswoman kimberly schwandt.“sierra nevada corporation is excited to be a growing team doing innovative and important work,” schwandt said. “especially with the upcoming dream chaser crs2 mission with nasa, we are adding staff and work space to accommodate our expanding company.”read the entire story at daily era.com.






virgin galactic makes satellite launch service new company


long beach, calif. — virgin galactic's california-based small satellite launch provider is now a separate company.virgin group founder sir richard branson announced thursday that the new company headquartered in long beach is called virgin orbit.the company has been developing an air-launch system for small satellites called launcherone.the launcherone rockets will be released from a boing 747 jet named cosmic girl.virgin orbit says it already has substantial launch orders for the system, which is in an advanced phase of hardware testing.the new company's first president is veteran aerospace executive dan hart. he was formerly boeing co.'s vice president of government satellite systems.






snapchat company starts trading at $24 a share


snap inc. started trading thursday morning at $24 a share in the los angeles company's stock market debut. the company priced its shares wednesday at $17 apiece. the opening price is a 41.2% bump from that. shares quickly jumped, hovering above $24.60 in the first few minutes of trading. snap's market capitalization is about $33 billion. this post was updated at 8:26 a.m. to include more details.






san jose water company drops drought surcharges


citing improving conditions, the san jose water company, a private firm that provides drinking water to 1 million people in san jose and neighboring communities, has dropped its drought surcharges. the company announced the change wednesday, making it the last large water provider in the bay area to suspend fines and penalties for excessive water […]






report: job cuts are coming to fitbit


according to a new report, leading fitness wearable company fitbit could lay off 80 to 160 employees. this translates into around 10% of the firm's total workforce (if we consider the higher limit in that range), saving the company somewhere around $200 million.the company, the report notes, is all set to announce 'disappointing' q4 results.fitbit recently acquired pebble in a deal worth $40 million. the company intends to launch an app store using ets acquired from pebble, and is also likely to open up its products to third-party developers. entering the smartwatch market also seems to be on the cards.source | via






open garden makes its offline mesh networking tech available to third-party deve


open garden, the company behind the firechat offline messenger, is now the mesh networking tech behind its apps available for all developers. the company today announced the launch of its meshkit sdk, which enables developers to easily integrate peer-to-peer connectivity into their apps, at the mobile world congress in barcelona. the classic use case for this is chat apps, but it also works for more media-rich services or pushing even smaller updates like sports results.for now, the sdk, which had quietly launched on the company’s website a few months ago, will only be available to android developers but the company tells me that it will also launch an ios version soon. developers will also have to contact the company for access to the sdk.meshkit will allow for all the standard connectivi






power company climbing


developed by the coaches at power company climbing to be the most interactive remote training tool in the climbing industry. as a power company client, you will receive your plan through the app, complete with video, and your coach can track your progress and better help you reach your goals. to learn more about training with us, visit www.powercompanyclimbing.com #webuildmachines.






founder of elk grove village tech company gets 9-year fraud sentence


the founder of a suburban chicago technology company has been sentenced to nine years in prison for a scheme that bilked investors out of $9 million.seventy-one-year-old gregory webb was sentenced wednesday by a federal judge in chicago.the founder and chief executive officer of elk grove village-based infraegis inc. was convicted last year of nine counts of mail and wire fraud.federal prosecutors say he defrauded more than 200 investors, including chicago firefighters and other first-responders, through his company.webb had portrayed the company as a thriving business on the verge of signing billion-dollar contracts with the city of chicago and government agencies and municipalities worldwide. but prosecutors say there were no pending contracts and none of the company's products were full






snapchat parent sets valuation of up to $22.2 billion


snap inc. set a valuation for itself of between $19.5 billion and $22.2 billion, as the disappearing-message app company nears its landmark initial public offering, the company confirmed thursday. the valuation range, which equates to $14 to $16 a share, is near the low end of the $20 billion to $25 billion range the snapchat parent company had...






snapchat parent sets valuation of up to $22.2 billion


snap inc. set a valuation for itself between $19.5 billion and $22.2 billion, as the disappearing-message app company nears its landmark initial public offering, the company confirmed thursday. the valuation range, which equates to $14 to $16 a share, is near the low end of the $20 billion to $25 billion range the snapchat parent company had...






shares in akzonobel soar after it rejects takeover offer


amsterdam — industrial paints and chemicals company akzonobel says it has rejected an unsolicited takeover bid from u.s. company ppg industries worth 21 billion euros ($22 billion).the dutch company said the offer undervalues it and that the terms of the deal are problematic as they would include high debt. it adds that the deal would threaten thousands of jobs and be detrimental to customers.the offer, however, spurred the company to reassess its business model and it said it is looking into the possible sale or independent listing of its specialty chemicals business as a way to unlock value for shareholders.shares in akzonobel jumped 14 percent to 73.50 euros in amsterdam.






longtime north dakota company turned over to employees


fargo, n.d. — one of the oldest manufacturing companies in north dakota has been turned over to its employees.kfgo radio reports (http://bit.ly/2jsianz) that fargo-based hebron brick co. was recently sold to the workers through a process known as an employee stock ownership program.hebron brick president jeff laliberte says former owner rodney paseka wanted to make sure the company remains in north dakota.laliberte says hebron employees didn't know they bought the company until they were told in january. he says the employees don't have to worry about financial responsibilities because the company's earnings go toward purchasing shares for the employees.hebron brick has 171 employees at seven store locations in north dakota, south dakota and minnesota. the company owns manufacturing plants






tesla cfo jason wheeler is leaving, former cfo deepak ahuja returns


tesla announced on its earnings call that cfo jason wheeler has decided to leave the company in april to pursue opportunities in public policy. he’ll be replaced by deepak ahuja, who was tesla’s first cfo when he joined the company in 2010, doing from 15 years of experience at ford motor company.elon musk sounded upbeat and jocular about the news on the call, and he also noted, as did wheeler, that wheeler would be heading to a role in the public sector from his position at tesla.ahuja retired from tesla in 2015 following the hiring of his replacement, wheeler. he was a crucial part of tesla’s process of going pubic , which the company did in 2010.developing…






tesla cfo jason wheeler is leaving, former cfo deepak ahuja returns


tesla announced on its earnings call that cfo jason wheeler has decided to leave the company in april to pursue opportunities in public policy. he’ll be replaced by deepak ahuja, who was tesla’s first cfo when he joined the company in 2010 after 15 years of experience at ford motor company.elon musk sounded upbeat and jocular about the news on the call, and he also noted, as did wheeler, that wheeler would be heading to a role in the public sector from his position at tesla.ahuja retired from tesla in 2015 following the hiring of his replacement, wheeler. he was a crucial part of tesla’s process of going pubic, which the company did in 2010.developing…






snapchat parent sets valuation of up to $22.2 billion


snap inc. confirmed that it has set a valuation for itself of between $19.5 billion and $22.2 billion, as the disappearing-message app company nears its landmark initial public offering.the valuation range, which equates to $14 to $16 a share, is near the low end of the range of $20 billion to $25 billion that snapchat’s parent company had earlier targeted. the company and its underwriters will set a final ipo price based on...






airbnb closes $1b round at $31b valuation, profitable as of 2h 2016, no plans fo


after airbnb last year filed sec forms raising $555.5 million, today the company closed off its series f with an additional $447.8 billion, bringing the total to over $1 billion – or $1,003,312,065 billion to be exact. techcrunch has confirmed with sources close to the company that it is now valued at $31 billion.airbnb turned profitable in the second half of 2016 and anticipates that it will be profitable in 2017 on an ebitda basis, the source tells us.the company — which started as a marketplace for people with spare beds to connect with travellers who needed a place to stay but didn’t want or couldn’t afford a hotel — has expanded massively with a huge global network not just of spare beds but whole homes covering all budgets, as well as a new line of “experiences” that take the company






20,000 lg g6 units were sold on launch day in korea


the lg g6 went on sale in the company's home country of south korea yesterday, and now we have details on the device's launch day sales. according to a report out of the country, the company managed to sell 20,000 units on the first day.that, if you compare, is better than how the lg g5 performed on its launch day (around 15,000 units). the company, in case you aren't aware, had received over 40,000pre-orders for the g6 in korea.as for other markets, the phone will land in israel on march 22, and its australian launch is set for march 28. the handset is also up for pre-order in the uk.source | via






gopro cuts another 200 jobs, but still expects to deliver hero6 this year


why it matters to you while there are 270 fewer jobs at gopro, the company still expects to keep the same product roadmap, which means a new hero6 in 2017.gopro is expecting to meet its previous revenue estimates on the high end — but that will come at a cost. gopro announced on march 15 another 270 layoffs as the struggling action camera company continues restructuring with the goal of returning to profitability in 2017.the job cuts will be company-wide across several departments, and will mean about $10 million in severance package costs, but further cuts the company’s operating expenses to $585 million under gaap (generally accepted accounting principles) or a non-gaap $495 million. despite the reduction in the current workforce of about 1,500, the company says the changes will not affe






is nesting the new going out? enhance your home for quality "me time"


while we all love a s' (or guys') night out or an intimate dinner with our significant other, our idea of a fun friday night is a little less raucous. in fact, we don't even need to leave the house. it often involves 1990s cult cl ics on netflix, copious pots of tea and faux-fur blankets, amid a curated interior worthy of instagram.it turns out we're not alone in this homebody preference, and there's even a name for it. according to the well + good 2017 wellness trend report, "nesting is the new going out." millennials are blacking out their calendars and dialing back their social lives in lieu of "me time." pinterest researcher larkin brown told well + good that self-care searches are up 121 percent."people are prioritizing personal comfort and a more casual approach to quality time with