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The deal is a tender offer, meaning Verizon will acquire all shares on the open market from current investors; the board at AOL is not required to approve the deal for it to go through. Such a deal usually carries a premium to entice shareholders to accept the offer. In the case of AOL, Verizon is offering a 17 percent premium on AOL's closing price of $42.59 on Monday. AOL's stock was up around 18 percent to just over $50 a share in morning trading. Verizon's shares were down by less than 1 percent to around $49.50.
"We are excited to work with the team at Verizon to create the next generation of media through mobile and video," Armstrong said, This story has been updated throughout the morning, The deal for the former dot-com luminary is all about trying to find a new path forward in getting digital content out to consumers and the advertisers who'll follow them, With advertisers' dollars in mind, Verizon Communications plans to swallow up AOL and its digital content, Be respectful, keep it civil and stay on topic, We delete comments that violate our policy, which we encourage you iphone case 3d to read, Discussion threads can be closed at any time at our discretion..
Gordon Moore, speaking at an event Monday celebrating the 50th anniversary of his theory that processor power improves exponentially every two years, said when he made the prediction in 1965, he was only looking 10 years out, not multiple decades. "I had no idea it was going to turn out to be a relatively precise prediction," Moore said. To keep his theory going, Moore said, "will take a lot of good engineering.""The next five or 10 years is reasonably clear, and that's usually the case," Moore said. "You can usually see a few generations in the future. .. I still hope Brian [Krzanich, Intel's CEO] has enough good engineers working on the problem we won't hit a dead end."Moore is the brains behind Moore's Law, the idea that chips double in complexity about every two years as processor components shrink and become more tightly packed. The prediction about future technology -- which is what allows our smartphones to continuously get thinner, faster and more energy efficient -- still holds true 50 years after it was first posited. But Moore's Law also is facing some hurdles, particularly that it's getting more difficult and expensive to develop more advanced processors.
In 1966, a new chip plant cost $14 million, In 1995, the price tag was $1.5 billion, Today, it can cost as much as $10 billion -- roughly the annual gross domestic product of Mongolia, To cope, semiconductor manufacturers are finding ways to stretch today's silicon technology while researching alternatives, Keeping Moore's Law going is vital for the technology industry, Each generation of processors has enabled inventions such as the Internet and smartphones and has made computing more accessible iphone case 3d to mainstream consumers, In the future, more complex chips will power everything from wearable technology to smart homes, If processor advancement stops, the next great innovation that changes the way we live and communicate may never happen..
Moore on Monday said he's "disappointed" that the US federal government has decreased its funding for basic scientific research, something that gives other higher-spending countries an advantage. He noted that he couldn't have predicted social networking or that other software, such as Google Earth, would be capable of so much yet cost nothing for consumers. And "the importance of the Internet surprised me.""To me it looked like it was going to be another minor communications network that solved certain problems," Moore said.
"We've just seen the beginning of what computers are going to do for us," iphone case 3d he added, Tom Friedman, New York Times columnist and author of "The World is Flat," interviewed Moore, a co-founder of Intel, in front of an audience of journalists, technology industry executives and others, Krzanich, the current CEO of the semiconductor giant, gave opening remarks during the event at San Francisco's Exploratorium museum, Moore, when asked what he has learned from Moore's Law, said to a laughing crowd: "I guess one thing I've learned is once you make a successful prediction, avoid making another one."The brains behind Moore's Law, which says processing power should increase exponentially every couple years, says his 1965 prediction was initially made looking only 10 years out..
As part of Android 5.1, Motorola has introduced a new Moto Action gesture that turns on the phone's flashlight. Clunkily called "Chop twice for Flashlight"on Motorola's official website, you wave the phone in the air like you're cutting an onion. This turns on the LED camera flash until you "chop" again to turn it off. In addition to Motorola's flashlight action, Android 5.1 provides a number of other enhancements, including stronger security for lost or stolen devices. Additionally, the update brings HD voice support and quicker access to Bluetooth and Wi-Fi settings.
The Android 5.1 Lollipop update is iphone case 3d available for select Moto X models in Brazil, A wider rollout is expected soon; US-branded versions could be a few weeks down the road, According to Motorola product manager David Schuster, the hardware-maker is also pushing the 5.1 update to US retail versions of the second-generation Moto E 4G LTE , What's more, it's working with Verizon on the update for the Droid Turbo , Once ready, it will jump the phone from KitKat directly to this latest Lollipop release..