Broadcom Ltd. is planning an unsolicited takeover approach to rival chip maker Qualcomm Inc., according to sources connected to the deal.
If the deal is completed it would create the largest technology acquisition ever.
The news, reported by Bloomberg, would value Qualcomm shares at around $70. Investors immediately responded by sending Qualcomm stock up nearly 14 percent.
It's been a rough quarter for Tesla. The carmaker announced this week a quarterly loss of $671 million and now, quietly, experts are growing concerned with the direction and future viability of the company.
Last August Tesla began production of its Model 3. The first mass-marketed sedan for the company was touted as a "game changer." At the time, CEO Elon Musk said there should be “zero concern” about Tesla's ability to increase production to 10,000 cars per week at some point in 2018.
That pipe dream is over.
America’s “two-party” version of democracy is unsustainable. The good and bad news is that local and state politics is more important than ever.
If there is to emerge some third way to take advantage of the vast pool of frustrated and virtually disenfranchised independent American voters, it will likely begin in a state election.
The experiment to save American democracy is happening, right now. And if you’re an American desperate to see a solution to the corrupt status quo, you should be paying attention.
California Secretary of State Alex Padilla sent out a press release Wednesday announcing that a new initiative has been approved for petition gathering, one that would decriminalize the use, possession, sale, transport, and cultivation of psilocybin.
What is psilocybin? It's the psychedelic compound found in various species of mushrooms.
When motorists across California go to the pump this week, they will no doubt raise their eyebrows.
The price of gas just spiked for California drivers.
Never a group to shy away from raising taxes, the Sacramento legislature earlier this year, voted to tax a gallon of gas an additional 12 cents.
That vote has caused a war of words between Democrats who supported the measure, and Republicans who said no thanks.
GAS TAX SPURS RECALL CAMPAIGN
The increase has triggered a recall campaign.
By definition, conventional wisdom is convention. It often has the added value of being right.
I read a commentary by Joe Matthews recently that argued California’s Top Two primary works against centrists and actually increases the advantage of the more ideological candidates of the left and right.
There's a new initiative circulating for petition signatures that would allow incarcerated felons to vote.
"The Voting Restoration and Democracy Act of 2018," pushed by Taina Vargas-Edmond among others, would empower nearly 200,000 inmates in the California Corrections system to vote.
Vargas-Edmond, acting on behalf of the Ella Baker Center for Human Rights, wrote the following:
The open primaries movement won an important victory last week.
Florida’s Constitutional Revision Commission—which comes into existence every 20 years—held public hearings over the past six months, from Miami to the panhandle. Thousands of Floridians testified for and against hundreds of different issues, and open primaries was one of the most popular topics represented.