On Friday, Shares of Apple Inc. (NASDAQ:AAPL), gained 1.46% to $114.21.
Apple declared the all-new Apple TV®, bringing a revolutionary experience to the living room based on apps built for the television. Apps on Apple TV let you choose what to watch and when you watch it. The new Apple TV’s remote features Siri®, so you can search with your voice for TV shows and movies across multiple content providers simultaneously.
The all-new Apple TV is built from the ground up with a new generation of high-performance hardware and introduces an intuitive and fun user interface using the Siri Remote™. Apple TV runs the all-new tvOS™ operating system, based on Apple’s iOS, enabling millions of iOS developers to create innovative new apps and games specifically for Apple TV and deliver them directly to users through the new Apple TV App Store™.
“There has been so much innovation in entertainment and programming through iOS apps, we want to bring that same excitement to the television,” said Eddy Cue, Apple’s senior vice president of Internet Software and Services. “Apps make the TV experience even more compelling for viewers and we think apps represent the future of TV.”
The new Siri Remote dramatically simplifies how you select, scroll and navigate through your favorite content while bringing unique interactivity to the new Apple TV by using a glass touch surface that handles both small, accurate movements in addition to big, sweeping ones. Adding touch to Apple TV creates a natural, connected experience, even if the TV screen is on the other side of the room. Developers can take advantage of the built-in accelerometer and gyroscope, and the touch surface on the Siri Remote to create games and other app experiences that have never been seen on TV before.
Apple Inc. designs, manufactures, and markets mobile communication and media devices, personal computers, watches, and portable digital music players worldwide. The company also sells related software, services, accessories, networking solutions, and third-party digital content and applications.
Shares of QUALCOMM Incorporated (NASDAQ:QCOM), declined -1.21% to $54.66, during its last trading session.
QUALCOMM Incorporated through its venture investment group, Qualcomm Ventures, declared the winner of its fifth QPrize™ competition, the company’s international seed investment competition. Toss Lab, Inc., a Korean company, took top honors against tough competition from seven other regional winners representing Australia, China, Europe, India, Israel, Latin America and North America.
Toss Lab is an enterprise software provider that is creating next-gen partnershiptools for companies across Asia. The company formerly won the QPrize competition’s regional Korean competition. As the QPrize Grand Finals winner, Toss Lab will receive US$250,000 in convertible note funding from Qualcomm to grow their business.
“QPrize offers early stage seed funding to tech entrepreneurs from around the world. Now in its fifth year, QPrize has been a very successful program for both Qualcomm Ventures and the companies that have been selected as finalists and winners,” said Nagraj Kashyap, senior vice president of Qualcomm Ventures. “QPrize finalists have raised more than $228 million collectively over the years and two past winners, Divide and iOnRoad, were attained by Google and Harman respectively. We are consistently impressed at the diversity of ideas we see across numerous industry verticals and this program offers us a front row seat to new innovations in the mobile ecosystem. We congratulate Toss Lab, Inc. for winning the QPrize Grand Finals and look forward to working with them to grow their business and enhance their industry presence.”
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States.
Finally, Energy Focus, Inc. (NASDAQ:EFOI), ended its last trade with -28.57% loss, and closed at $16.43.
Energy Focus declared the pricing of a registered underwritten follow-on offering of shares of its common stock by it and certain of its stockholders (the “Selling Stockholders”) at a public offering price of $17.00 per share. The Company is offering 1,500,000 shares of its common stock and the Selling Stockholders are offering an additional 1,500,000 shares of their common stock on the same terms and conditions. The Company and the Selling Stockholders have granted the underwriters a 30-day option to purchase up to an additional 450,000 shares of common stock on a pro rata basis. The offering is predictable to close on September 16, 2015, subject to the satisfaction of customary closing conditions. The Company will not receive any proceeds from the sale of the shares by the Selling Stockholders.
The Company anticipates to use the net proceeds from the offering to finance its growth efforts and for working capital and other general corporate purposes.
Oppenheimer & Co. Inc. is acting as lead book-running manager for the offering. Canaccord Genuity Inc. is acting as book-running manager and Rodman & Renshaw a unit of H.C. Wainwright & Co., LLC is acting as co-manager for the offering.
Energy Focus, Inc. designs, develops, manufactures, markets, and installs energy-efficient lighting systems and solutions in the United States and internationally.
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