ZTE has taken the first step toward resuming operations by forking over $1 billion to the U.S. Department of Commerce. The fine is part of a new agreement the company reached with the government in an attempt to end the destructive ban that prevents it from buying U.S. software and hardware. ZTE still has to […]
AT&T said it has agreed to buy AppNexus for an undisclosed sum. AppNexus runs a global advertising marketplace and helps publishers, marketers, and agencies place digital ads. The company will be added to AT&T’s newly formed advertising and analytics business, which is run by Brian Lesser. AT&T’s ad business is one of four new pillars […]
Active Shooter is a tactical FPS designed to simulate school shootings, which has been the subject of plenty of controversy. As of today, it can no longer be purchased via PayPal. The Associated Press reports that PayPal has closed the account of publisher Acid Software, barring it from one of the most popular means of online […]
Intel’s Brian Krzanich was forced out as CEO following an both an internal and external investigations into a “consensual relationship with an Intel employee,” the company announced Thursday. Krzanich has also left the board, Intel said. Krzanich was named CEO and elected to the board in May 2013. He joined the firm in 1982. Chief […]
The Car Connectivity Consortium, the folks behind MirrorLink, this week announced release 1.0 of its Digital Key specification, which will let people use their phone to unlock their car. The spec supports the ability to lock, unlock, start, and share access to cars from smartphones and other devices. The underlying technology makes it possible for carmakers […]
Audi and Hyundai Motor said they will cooperate on developing fuel cell vehicles. The agreement will give Audi and other brands in Volkswagen Group access to parts that are based on Hyundai’s know-how accumulated from the development of the ix35 Fuel Cell utility and its successor, the Nexo. The automakers have entered into a multi-year […]
ZTE will be the topic of discussion at a meeting today between President Trump and members of the Senate and House of Representatives, reports Reuters. Trump wants to talk about the “problematic” amendment made to the National Defense Authorization Act (NDAA) earlier this week, which will keep certain sanctions against ZTE in place. The administration and […]
Disney just raised the stakes in the fight for 21st Century Fox. The company sweetened its offer Wednesday — $71.3 billion for Fox’s movie studio, along with Fox’s regional sports networks and cable channels like FX and National Geographic. That’s more than the $65 billion Comcast offered a week ago. Disney had initially bid $52.4 […]
AMC Theatres has announced that beginning Tuesday, June 26 the Company is adding a new tier to its AMC Stubs rewards program with AMC Stubs A-List, which rewards guests with up to three movies per week, along with all the benefits of AMC Stubs Premiere, all for just $19.95 (plus tax) per month. Through AMC […]
The Senate approved legislation that would see the ban against ZTE remain in place. The chamber on Monday voted in favor of the National Defense Authorization Act (NDAA), a bill passed by the Senate every year. Republican Senator Tom Cotton and Democratic Senator Chris Van Hollen introduced a measure to the bill earlier this month […]
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