On Thursday, Shares of Apple Inc. (NASDAQ:AAPL), lost -0.20% to $131.78.
Apple has bought a company that makes augmented-reality software, which adds information or images to real-world scenes when viewed through a special headset or even a smartphone camera, according to AP.
It’s the latest sign that major tech companies see big potential for products that let users view the world with extra features added by technology. Apple, Google, Facebook and Microsoft are all working on augmented- or virtual-reality products. Augmented reality can add hand-drawn sketches, navigational directions, historic video or computer-generated, three-dimensional images to a real-world scene. Virtual reality can make viewers feel as if they are immersed in an artificial world.
Apple on Thursday confirmed the purchase of Munich-based Metaio for an unrevealed sum but did not say what it plans to do with the technology. AP Reports.
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 -0.59% to $70.60, during its last trading session.
QUALCOMM Incorporated, declared the Qualcomm Robotics Accelerator, powered by Techstars, has selected the 10 robotics companies that will be participating in the four-month mentorship-driven startup program:
- CARBON ROBOTICS (http://www.carbon.ai/), San Francisco, CA
- CLEVERPET (www.getcleverpet.com), San Diego, CA
- CTRL WORKS (www.ctrlworks.com), Singapore
- INOVA DRONE (www.inovadrone.com), San Diego, CA
- REACH ROBOTICS (www.reachrobotics.com), Bristol, UK
- SKYFRONT (www.skyfront.com), Hoboken, NJ
- SKY ROBOTICS (www.skyrobotics.com), Athens, Greece
- SKYSENSE (www.skysense.de), Berlin, Germany
- SOLENICA (www.solenica.com), Rome, Italy
- RATIONAL ROBOTICS (www.rationalrobotics.com), Alberta, Canada
The companies moved into the newly remodeled accelerator space on Qualcomm’s main campus in San Diego, Calif. on May 26. The 7,000 square foot collaborative space is outfitted with a lab and work stations for the teams so they can focus on building next generation robotics technologies. Qualcomm is committing over $1 million in aggregate funding to the program with each of the 10 participating companies receiving an equal share. Additionally, the participants will be offered business and technical insight on robotics during the program to support them in taking their businesses to the next level.
The program will conclude on September 10, 2015 with a Demo Day where teams will have the opportunity to pitch and demo their robotic innovations to an audience of external mentors, investors and media in addition to executives from Qualcomm and Qualcomm Ventures, the investment arm of Qualcomm Incorporated.
QUALCOMM Incorporated designs, develops, manufactures, and markets digital communications products and services in China, South Korea, Taiwan, and the United States. The company operates through three segments: Qualcomm CDMA Technologies (QCT), Qualcomm Technology Licensing (QTL), and Qualcomm Planned Initiatives (QSI).
At the end of Thursday’s trade, Shares of Texas Instruments Inc. (NASDAQ:TXN), lost -0.11% to $55.91.
Texas Instruments Incorporated, introduced the first power administration chipset with intelligent digital control and a unique body-diode sensing feature to optimize secondary-side synchronous rectification in next-generation AC/DC and isolated DC/DC power supplies. The UCD3138A digital controller and UCD7138 low-side gate driver improve system efficiency and cut synchronous rectification MOSFET voltage stress in half contrast to other digital-power solutions.
Accurate control of dead time in the synchronous rectifiers assists minimize power losses and reduces the risk of MOSFET failure. The UCD3138A and UCD7138 chipset use body-diode voltage information in fast digital control algorithms to dynamically optimize dead-time and compensate for power-stage component variations without calibration or screening during mass production. This assists telecom and server end-equipment manufacturers more easily bring to market energy-efficient 80 PLUS Titanium-grade power supplies, which saves energy costs to information technology service providers.
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing. The Analog segment offers high volume analog and logic products for automotive safety devices, touch screen controllers, low voltage motor drivers, and integrated motor controllers; and power administration products to enhance the efficiency of powered devices using battery administration solutions, portable power conversion devices, power supply controls, and point-of-load products.
Finally, Mylan N.V. (NASDAQ:MYL), ended its last trade with 0.89% gain, and closed at $72.68.
Teva Pharmaceutical Industries Ltd.’s purchase of a 1.35 percent stake in Mylan NV on the open market signals that the Israeli drugmaker may be preparing for a legal fight as a key shareholders meeting approaches, according to Bloomberg.
The stock purchases, in a range of $69 to less than $71 a share, make Teva the 10th-largest investor in Mylan with a $475 million stake, according to data compiled by Bloomberg. That compares with Teva’s offer last month of $82 a share in cash and stock, a bid that Mylan has rejected. Bloomberg Reports.
Mylan N.V., through its auxiliaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, or transdermal patch forms, in addition to active pharmaceutical ingredients (APIs).
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