On Thursday, Facebook Inc (NASDAQ:FB)’s shares declined -0.53% to $106.22. FB has beta value stands at 0.86 times and earnings per share were $1.00. The company has total of 2.27 billion outstanding shares and its total market capitalization is $302.00 million. 52-week price range of the stock remained $72.00 - $110.65.
Facebook is offering employees at its Silicon Valley headquarters at least $10,000 to move closer to the office, a reflection of the challenges many tech companies face in the increasingly expensive and congested San Francisco Bay area, according to Reuters.
To qualify for the payment, which the social networking firm started offering in the last 12 months, according to current and former Facebook workers, employees must buy or rent a home within 10 miles (16 km) of the Facebook campus at One Hacker Way, a desolate strip of road overlooking a marsh about 30 miles (48 km) south of San Francisco.
Some Facebook employees with families to support could earn a one-off payment of $15,000 or more for housing costs.
Facebook’s efforts, together with similar programs at some other technology companies counting investment administration technology company Addepar, data company Palantir and software firm SalesforceIQ, a unit of Salesforce.com Inc, could assist ease a major source of tension in San Francisco: an influx of young, wealthy tech workers who commute to Silicon Valley on private buses and often displace lower-income residents. Reuters Reports
Facebook, Inc. operates as a social networking company worldwide. It provides a set of development tools and application programming interfaces that enable developers to integrate with Facebook to create mobile and Web applications.
Corning Incorporated (NYSE:GLW)’s shares dropped -2.32% to $18.09.
Corning Incorporated (GLW) declared that the Ford GT supercar is the first production vehicle to use Corning® Gorilla® Glass for Automotive in a windshield. Ford is also using the lightweight, tough and optically advantaged glass for two other applications within the car, saving more than 12 pounds of vehicle weight.
The innovative Ford GT windshield - a collaborative effort between Ford and Corning - comprises three layers: Gorilla Glass for Automotive as the inner layer, a plastic adhesive interlayer, and annealed soda lime glass as the outside layer.
Pound for pound, Gorilla Glass for Automotive can achieve more than five times the strength of standard window glass. This strength assists protect the windshield and make it thinner and lighter, while also providing outstanding optical advantages.
Weight reduction is a key means for automakers to meet increasingly stringent fuel economy and carbon dioxide emissions regulations. Lightweight windows can also improve handling and driving performance by lowering the car`s center of gravity. Unlike conventional float glass, Gorilla Glass for Automotive has no optical draw lines, making it ideal for steep windshield applications like the GT. Ford is also using Gorilla Glass for the rear window and as an acoustic separation wall in the bulkhead.
Corning Incorporated manufactures and sells specialty glasses, ceramics, and related materials worldwide. The company operates through five segments: Display Technologies, Optical Communications, Environmental Technologies, Specialty Materials, and Life Sciences.
At the end of Thursday’s trade, Atmel Corporation (NASDAQ:ATML)‘s shares showed no change to $8.66.
Atmel® Corporation (ATML) declared a high-accuracy debugging tool that enables customers to visualize the power usage of their product during the development cycle. With ultra-low power being a critical factor in next-generation Internet of Things (IoT), wearable and battery-operated devices, being able to locate code where power spikes occur is crucial for supporting extremely low power in the overall design. The new Power Debugger is Atmel’s latest development tool for debugging and programming Atmel | SMART ARM® Cortex®-M–based MCUs and Atmel AVR® MCUs that use JTAG, SWD, PDI, debugWIRE, aWire, TPI or SPI target interfaces.
In addition to standard low-level debug functionality, the Power Debugger features two independent current-sensing channels for collecting real-time power measurements during application execution. The Atmel Power Debugger streams such power measurements collected to the Atmel Data Visualizer—accessible in Atmel Studio 7 IDE—for real-time analysis and display. The Data Visualizer graphs power usage in real-time and uses this data to estimate application battery life. The Data Visualizer also enables developers to correlate power samples with the code that was executing when the sample was taken, greatly reducing the time required to identify “hot spots” in the developers’ application.
“Lowering overall power consumption is key to many customer designs and essential for battery-operated and wearable designs,” said Steve Pancoast, Vice President of Software Development, Applications and Tools, Atmel Corporation. “Atmel provides cost-effective, easy-to-use tools that make it possible for our developers to profile the power usage of applications running on their own hardware as part of the standard development cycle. The Power Debugger is part of Atmel’s pledge to bring the latest tools to market, enabling developers to quickly get their prototype to production with the lowest power consumption.”
Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America.
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