Technology – Apple faces probe by Paris prosecutors over ‘planned obsolescence’

Paris prosecutors have launched a probe of US tech giant Apple over suspected “planned obsolescence” in some of its iPhone models. It comes after a complaint by the association Stop Planned Obsolescence (HOP or Halte a l’Obsolescence Programmee) that followed Apple’s admission last month that it intentionally slowed down older models of its iPhones over time.… Please follow and like us:

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Broadcom moves to unseat Qualcomm board, escalates takeover fight

Singapore-based computer chip maker Broadcom stepped up its battle for rival Qualcomm on Monday, proposing a new slate of board members for the US firm to back a $130 billion hostile bid. Broadcom, which has signaled its plan to reincorporate in the United States, said the effort to replace the Qualcomm board members is aimed at… Please follow and like us:

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Venture capitalist Peter Thiel helps Missouri attorney general, who is investigating Google

Venture capitalist and PayPal co-founder Peter Thiel isn’t saying publicly why he gave hundreds of thousands of dollars to the campaign of a state attorney general who just began an antitrust investigation of Google. It’s not the first time Thiel has donated cash to an attorney general who went after Google over monopoly concerns. Missouri Attorney… Please follow and like us:

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Hasbro reportedly offers to buy Mattel

Hasbro Inc. reportedly made an offer to buy beleaguered rival Mattel Inc. Hasbro approached El Segundo, Calif.-based Mattel recently with a takeover offer but terms of the proposal were not available, the Wall Street Journal reported Friday, citing unidentified sources. Representatives of Hasbro and Mattel declined comment on the report. Hasbro, based in Pawtucket, R.I., makes… Please follow and like us:

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