Business Nvidia Corp said on Monday it will buy Israeli chip designer Mellanox Technologies Ltd for US$6.8 billion in cash, a deal that would help the U.S. chipmaker boost its data center business. 11 Mar 2019 07:36PM Bookmark REUTERS: Nvidia Corp said on Monday it will buy Israeli chip designer Mellanox Technologies Ltd for US$6.8 billion in cash, a deal that would help the U.S. chipmaker boost its data center business.The offer price of US$125 per share represents a premium of 14 percent to Mellanox's Friday close.Mellanox, based in Israel and the United States, makes chips and other hardware for data center servers that power cloud computing. The company had a market capitalization of about US$5.9 billion at the end of trading on Friday.Shares of Mellanox rose 8.8 percent and Nvidia shares fell 1.3 percent in premarket trading.Nvidia has been pushing more into networking and connectivity with its own tailored solutions and Mellanox would bring further expertise along … [Read more...] about Nvidia to buy Israel’s Mellanox for US$6.8 billion in data center push
Data center for sale
Technology Nvidia Corp on Monday released a new generation of chips aimed at helping expand its business among movie makers and other graphics professionals. 14 Aug 2018 08:10AM Bookmark REUTERS: Nvidia Corp on Monday released a new generation of chips aimed at helping expand its business among movie makers and other graphics professionals.At a gathering of graphics professionals on Monday, Nvidia rolled out its newest generation of chip technology, called Turing after the legendary British computer scientist Alan Turing.The biggest selling point of the chips is an improvement in so-called "ray tracing," or the ability for the chip to simulate how light rays will bounce around in a visual scene.That task takes so much computing power that designers have to wait while a chip churns through the data to see the results of their work. Nvidia says the new generation of chips will let designers make those changes in real time, which could speed up the creative process - and … [Read more...] about Nvidia rolls out new chip technology for filmmakers
By Stuart Leavenworth McClatchy Washington Bureau Sun., June 3, 2018 LEHI, UTAH—It markets its DNA kits with promises that tug at the heartstrings: Discover ancestors. Strengthen family ties. Understand your life. Aided by venture capital and a flood of savvy marketing, Ancestry LLC has grown to become the world’s largest DNA testing conglomerate. Since 2012, it has lured more than 5 million people to spit into tubes and add their genetic code to the world’s largest private database of DNA. It has also banked away the world’s largest collection of human spittle, numbering in the hundreds of gallons. In the age of Facebook and Google, consumers seem comfortable surrendering their personal information to corporations that aggregate it and monetize it. But Ancestry and other DNA testing companies have added an audacious tweak: Consumers are now paying to hand over their genetic code, their most sensitive individual identifier, to companies that … [Read more...] about DNA for sale: Ancestry wants your spit, your DNA and your trust. Should you give it to them?
Shopback’s Josephine Chow and Lai Shanru, as well as Secretlab’s Alaric Choo and Ian Ang, were among the Forbes 30 Under 30 Asia list in 2018. The Straits Times, The Business Times Singapore can be proud of its young movers and shakers. From the arts to consumer technology, 24 trailblazers working out of Singapore have made it to the prestigious Forbes 30 Under 30 Asia list for 2018. Themed “Disruption and Innovation”, the list this year features 300 young talents under the age of 30 from various countries across Asia Pacific. While China dominated the 10-category list with 59 names, Japan tied with Singapore at 24 names. At the same time, Malaysia churned out 13 names, while Hong Kong had 12 entrepreneurs featured. Here are the 24 under-30 talents from the Lion City who have earned their stripes with hard work and major contributions to their dedicated fields of work. ARTS Jackson Aw, 28, Founder, Mighty Jaxx The Straits Times Jackson Aw’s design … [Read more...] about These are the 24 trailblazers from Singapore on Forbes’ 30 Under 30 Asia list for 2018
Sales of orange juice increased for the first time in nearly five years in January. The sales spike can be attributed to an especially brutal flu season, The Wall Street Journal reported. Though many Americans once perceived orange juice as a healthy drink, many now see it as a con, citing its high amounts of sugar and carbs. Orange juice just had its first sales spike in nearly five years, thanks to an especially brutal flu season. Sales of the drink rose by 0.9%, to 38.7 million gallons, in the four weeks ending January 20, The Wall Street Journal reported, marking the first time since 2013 that Nielsen data showed a year-over-year increase in sales. The US orange juice market has decreased by about 50% since 2001, Nielsen data shows. Sales have declined in recent years as health and diet trends have shifted away from the drink and juice in general. “In terms of its nutritional profile, juice isn’t … [Read more...] about Terrified Americans are rushing out to buy orange juice after abandoning the drink for years