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Techlife News #392

Read the most relevant news of the week about the world of technology and its influence on our lives. New products, Apps, acquisitions in the industry, highlights about the digital world and everything about your favorite iGadgets and upgrades. Everything you need to keep well informed. A new concept of light, intelligent, innovative reading at your fingertips. A global view of Tech LifeStyle and its influence on our lives.

United States
Ivan Castilho de Almeida
52 期号


regulators: los alamos lab nuclear safety effort falls short

Regulators say Los Alamos National Laboratory has not ensured sufficient nuclear safety in its operations as the New Mexico facility prepares to increase its work with plutonium. The U.S. Department of Energy has released a list of problems regarding the laboratory’s nuclear safety management, The Albuquerque Journal reported Monday. Former private contractor Los Alamos National Security LLC, which managed the lab for about 12 years, allowed safety issues to fester with “significant weaknesses,” according to the report released Monday. The assessment team did not identify “any immediate threats to workers, the public, or the environment.” A statement by the laboratory did not address specific findings in the report but said it “is focused on continually improving our programs, policies and procedures.” The report also says there have been deficiencies in the work of Triad National…

tesla to raise money after painful 1q, and musk is buying in

A week after revealing a huge first quarter loss and the need to raise cash, Tesla is doing just that with CEO Elon Musk buying $10 million in new shares being offered as part of a stock and debt offering that could raise more than $2 billion. Tesla said that it’s offering $650 million of common stock and $1.35 billion in convertible senior notes due in 2024 in two separate offerings. The company is giving the underwriters a 30-day option to purchase up to an additional 15% of each offering. That would add up to about $2.3 billion before discounts and expenses and if the underwriters fully exercise their options. Last week, Tesla reported its cash balance at the end of the first quarter shrunk by $1.5 billion since December, to $2.2 billion.…

car-sharing apps, rental car companies do battle over taxes

When Chris Williamson was in the market for a new family car, a timely ad and conversations with a co-worker convinced him to try something out of the ordinary. He bought a BMW 3 Series convertible and covers the payments by renting it to strangers on a peer-to-peer car sharing app called Turo. It allows his family of seven to have a nicer car, essentially for free. “It’s great to have that little bit of extra income and not have to worry about the car payments,” said Williamson, a teacher from the Phoenix area. But his customers and others using car-sharing apps around the United States get their rentals tax-free. That’s made them a target for rental car companies, airport authorities and local governments. They say users of the upstart apps should…

foxconn ceo meets with trump, wisconsin governor

Foxconn Technology Group is moving forward with its plan to build a manufacturing facility in Wisconsin and President Donald Trump has promised to visit when production starts next year, the Taiwanese company’s leader told reporters following a meeting at the White House. Foxconn CEO Terry Gou met with Trump on Wednesday to discuss the company’s ever-changing Wisconsin project. Gou then flew to Wisconsin on Thursday where he met in private for the first time with Democratic Gov. Tony Evers, a critic of the plan. Foxconn, the world’s largest electronics company whose customers include Apple, Amazon and Google, plans to build a display screen factory in southeast Wisconsin. Foxconn reached the deal with former Republican Gov. Scott Walker and Evers was critical of the taxpayer credits promised to the company during his…

3m to buy medical tech company acelity for $6.7 billion

3M is buying medical technology company Acelity for $6.7 billion, including debt. Acelity Inc., based in The San Antonio, Texas, makes advanced wound care products and had $1.5 billion in revenue last year. 3M, which makes Post-it notes, industrial coatings and other consumer products, is coming off a rough earnings report last week that sent its stock down more than 13%. 3M’s health care unit, which will absorb Acelity’s products, was its only division that posted an increase in sales last quarter. 3M estimated the acquisition, announced Thursday, will cost it about 35 cents on an earnings-per-share basis over 12 months. Excluding costs and one-time expenses, the company expects a 25 cents-per-share benefit over the same period. The deal is expected to close in the second half of 2019.…

assange refuses extradition to us; long legal fight expected

A defiant Julian Assange told a London court Thursday he will fight extradition to the United States to face charges of conspiring to hack into a Pentagon computer, arguing that his work as WikiLeaks founder has benefited the public. Speaking by video link from Belmarsh Prison in southeast London, Assange said: “I do not wish to surrender myself for extradition for doing journalism that has won many awards and protected many people.” His formal refusal to be extradited marks the start of what is expected to be a bruising legal battle over whether he will be brought to trial in the United States. Assange, wearing jeans and a sports jacket, appeared calm during the brief hearing at London’s Westminster Magistrates’ Court. Some of his supporters who couldn’t get seats in the small…