Industry News

ON Semiconductor Corporation announced today that the U.S. Federal Trade Commission has accepted a proposed consent order for public comment and has terminated the Hart-Scott-Rodino waiting period applicable to ON Semiconductor's proposed acquisition of Fairchild Semiconductor International, Inc.. Under the proposed consent order and in order to satisfy the FTC's remaining concerns, prior to the closing of the acquisition of Fairchild, the FTC..."/>
ON Semiconductor Announces Receipt of Regulatory Approval for Acquisition of Fairchild Semiconductor
Facebook. The saga began when co-owner Marlene Goetzeler posted a photo of the cake Aug. 13 with the caption, "Ken's looking good." The buttermilk-flavored cake, which features the doll with a white tiara and pink dress, was custom ordered by a customer, according to Goetzeler."/>
Freeport Bakery stirs Facebook uproar with Ken doll cake [The Sacramento Bee]
Littelfuse Inc disclosed on Friday that it has signed a definitive agreements with ON Semiconductor Corporation, to acquire its product portfolio of transient voltage suppression diodes, switching thyristors and insulated gate bipolar transistors, for a combined purchase price of USD104m. Also, the company said that the transactions will close in late August 2016 and this portfolio has annual sales of about USD55m. Additionally, the company plans to invest about USD30m in..."/>
Littelfuse signs acquisition agreement for certain product portfolio from ON Semiconductor for USD104m
Wi2Wi Corporation announces results for the quarter ending June 30, 2016.. The decrease in revenues for the three month period ending June 30, 2016 as compared to the same period in 2015 was due to:. -The Shipment of a number of 2014 back-orders during the first and second quarters of 2015.."/>
Wi2Wi Corporation Announces Results for the Quarter Ending June 30, 2016
Net 1 UEPS Technologies, Inc. today announced that it has signed a subscription agreement with One MobiKwik Systems Private Limited in India. MobiKwik is India's largest independent mobile payments network, with over 32 million users and 100,000 retailers. MobiKwik's current shareholders include Sequoia Capital, Tree Line Asia, American Express, Cisco Investments, GMO Payment Gateway and MediaTek, as well as Bipin Preet Singh and Upasana..."/>
Net1 Invests in MobiKwik, a Leading Digital Payment Platform in India
AAC Technologies Holdings Inc. has today announced its unaudited interim results for the six months ended 30 June 2016. AAC Technologies finished the first half of the current fiscal year with solid results and has been selected as a constituent stock in the Hang Seng Index, effective on 5 September 2016, which positions the Company among the "blue chip" companies and reaffirms market recognition of its significant position in the technology sector..."/>
AAC Technologies Announces 2016 Interim Results
NuTonomy first to open service to public [Boston Herald]
Akamai Technologies Inc. with its "State of the Internet" reports. Enterprises, on the other hand, know Akamai for more than just that--as a content delivery network services company that helps them access a speedier and smarter Internet, and one that is reliable and secure. Much of what Akamai does is accomplished with the help of sophisticated algorithms, Tom Leighton, its chief executive officer, said in an interview in Mumbai."/>
Whatever we do is around mobile now: Akamai CEO Tom Leighton [Mint, New Delhi]
Target Corp. said it will end its business relationship with Welspun India Ltd, stating it had received bedsheets where Egyptian cotton was substituted with a cheaper variant. When stock market trading resumed on Monday, it was clear Welspun India wasn't worth the Rs.10, 370 crore valuation it enjoyed until the prior week. But how much was it now worth?"/>
How long does it take to discover Welspun India's new worth? [Mint, New Delhi]
Accenture analysis of data from CB Insights. Total investment in Asia-Pacific's financial technology sector reached $9.62 billion as of July 31, more than twice the $4.26 billion invested in the region in all of 2015.. "China's established companies, rather than nascent start-ups, are at the forefront of the..."/>
Asia-Pacific beats North America in fintech investment: report [Mint, New Delhi]
Axis Bank Ltd, Union Bank of India, Federal Bank Ltd and Bank of Maharashtra on Thursday went live with National Payments Corporation of India's UPI apps on the Google Play Store. The UPI system will allow customers to safely and..."/>
UPI goes live, banks introduce payment apps on Google Play Store [Mint, New Delhi]
Apple's devices have a well-deserved reputation for security. But if it wasn't clear before, it should be now: They're not invulnerable. And, in fact, they've become a prime target for hackers."/>
East Bay Times Troy Wolverton column [East Bay Times]
Double-winged flying car on the way? [East Bay Times]
Western Union Supports Earthquake Relief Efforts in Italy
Realtors with a passion for music [Andover Townsman, Mass.]
Facebook that they would begin "blow-out sales" Nov. 1 and will close Nov. 27.. "Time has now come for us and FUN CORNER to retire," owners Steve and Linda Sutherland said in their post."/>
Fun Corner costume shop in San Bernardino announces its last Halloween [The Press-Enterprise, Riverside, Calif.]
Facebook would get $10 million in state economic development funding to buy water rights for its proposed data center under an incentive package that was approved Thursday by the Los Lunas Village Council. If the proposed data center moves forward, the $10 million would be the largest amount ever disbursed by the state's Local Economic Development Act, or LEDA, program since it began in 2002.. The Los Lunas council also approved a water and wastewater..."/>
Facebook could get $10 million from NM for proposed data center [Albuquerque Journal, N.M.]

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