📱 LG confirms it's getting out of the smartphone business
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LG confirms it's getting out of the smartphone business. LG is exiting the smartphone business, the company confirmed today. The decision will “enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services,” LG said in a statement. (Jon Porter via The Verge)
Rival Group Makes Fully Financed, Roughly $680 Million Bid for Tribune. A Maryland hotel magnate and a Swiss billionaire have made a bid for Tribune Publishing Co. that the newspaper chain is expected to favor over a takeover deal it already struck with hedge fund Alden Global Capital LLC. (Cara Lombardo via Wall Street Journal)
SpaceX: final members of the all-civilian Inspiration4 mission revealed. In an announcement earlier this week, SpaceX's Inspiration4, the world's first all-civilian rocket ride to orbit Earth, disclosed the final two members of the four-person crew that is expected to undergo a historic journey into space. (Zahra Tayeb via Business Insider)
America Never Wanted the Tired, Poor, Huddled Masses. When david dorado romo was a boy growing up in El Paso, Texas, his great-aunt Adela told him about the day the U.S. Border Patrol melted her favorite shoes. (Caitlin Dickerson via The Atlantic)
Byju's acquires Indian tutor Aakash for nearly $1 billion. Why did Byju’s raise over $1 billion last year and is already inching closer to securing another half a billion dollars? We are getting some answers today. (Manish Singh via TechCrunch)
Revenge Of The Winklevii. Identical Twin billionaires Cameron and Tyler Winklevoss saunter into their empty 17th-floor offices in Manhattan’s Flatiron district wearing designer high-tops, black jeans and matching sweatshirts made by the high-end streetwear brand Heron Preston. (Michael del Castillo via Forbes)
Kevin O'Leary says he will only buy bitcoin mined with clean energy, and none mined in China. Celebrity investor Kevin O’Leary says he will only buy bitcoin mined sustainably in countries that use clean energy — and not “blood coin” mined in China. (Abigail Ng via CNBC)
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