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Latest Tech News

Chipmaker Micron to cut jobs after turnaround plans dashed -

The logo of U.S. memory chip maker MicronTechnology is pictured at their booth at an industrial fair in Frankfurt(Reuters) - Memory-chip maker Micron Technology Inc said it would lower costs, including by cutting jobs and focusing on fewer programs, after its hopes of reversing its fortunes this year were thwarted by a persistently challenging market. Demand for Micron's DRAM chips for personal computers has continued to fall, while it faces stiff competition from rivals such as Samsung in the market of NAND chips for devices like smartphones. Micron's sales have fallen more than expected for three quarters now including the latest third quarter, and the company on Thursday forecast a steeper-than-expected drop in sales and a surprise adjusted loss for the current quarter.


Thu, 30 Jun 2016 18:57:11 -0400
Hundreds of US companies sell unapproved 'stem cell treatments' -

The report in the journal Cell Stem Cell found that at least 351 companies across the United States are marketing unapproved stem cell procedures at 570 individual clinicsHundreds of companies across the United States are selling unapproved stem cell treatments directly to patients, raising concerns about safety and scams in a fast-growing industry, researchers said Thursday. At least 351 companies across the United States are marketing unapproved stem cell procedures at 570 individual clinics, their report in the journal Cell Stem Cell found. The clinics claimed to offer "stem cell interventions" for muscle and bone disorders, heart disease, problems with the immune system, injured spinal cords, cosmetic reasons and more.


Thu, 30 Jun 2016 18:52:45 -0400
Nuts to that; Hershey rejects kiss from chocolate competitor -

Nuts to that; Hershey rejects kiss from chocolate competitorNEW YORK (AP) — Hershey on Thursday rejected a takeover offer from Oreo maker Mondelez that would bring some of the world's best known cookies and chocolates under one company.


Thu, 30 Jun 2016 18:38:59 -0400
Apple reportedly in talks to acquire Jay Z's Tidal music service -

Apple reportedly in talks to acquire Jay Z's Tidal music serviceApple is reportedly considering an acquisition of Tidal, the Jay Z-owned music streaming service, according to The Wall Street Journal. The service launched in 2014, placing a focus on high-fidelity audio quality, but more recently has secured exclusive streaming rights on several high profile albums to better compete with much larger rivals like Spotify and Apple's own Apple Music service. Apple's interest in Tidal is tied to the service's unique relationship with some of today's top artists including Kanye West. Jay Z acquired Tidal last year, gave other performers a stake in the company in the process, and has since been trying to better position the service in a crowded market.


Thu, 30 Jun 2016 18:36:38 -0400
WSJ: Apple in talks to buy Tidal - Thu, 30 Jun 2016 18:31:00 -0400


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