|Here's Why the Galaxy Note 7 Exploded - |
When Samsung's ill-fated Galaxy Note 7 smartphone began catching fire in the hands of users, most folks chalked it up to a faulty battery. The Korean tech giant plans to divulge exactly what went wrong with its fiery phablet at a special press conference on Monday (Jan. 23), though a new report may already have given us the answer. Citing "people familiar with the matter," The Wall Street Journal reports that the Note 7 explosions were due to a mix of some batteries being irregularly sized and others having manufacturing issues.
Fri, 20 Jan 2017 10:39:00 -0500
|T. Rowe Price to recover $100 million from insurance after Dell error - |
Fund manager T. Rowe Price Group Inc. said in a securities filing this month it has entered into an insurance agreement to recover $100 million after it made a voting error in the 2013 buyout of Dell Inc. T. Rowe Price said in the filing dated Jan. 4 that it has recognized the insurance recovery in its fourth-quarter results, to be reported next week, offsetting a $166 million operating charge it took in the second quarter. T. Rowe Price's investment team had opposed the $25 billion buyout, saying it undervalued the computer maker, but the firm mistakenly voted clients shares "for" the merger. After a court dispute, T. Rowe Price made payments to clients to compensate them for the difference in valuation that other investors who opposed the deal were able to pursue.
Fri, 20 Jan 2017 10:33:49 -0500
|Meitu App Has Gone Totally Viral But Don't Download It - |
Meitu, a Chinese photo-retouching app that gives your selfies anime-style makeovers, is wildly popular in the U.S. this month, but experts warn it could do more than just make you hauntingly adorable. "Meitu is a throw-together of multiple analytics and marketing/ad tracking packages, with something cute to get people to use it," security analyst Jonathan Zdziarski wrote on Twitter. Meitu creates a unique profile based on your device, takes note of your cellular carrier and collects location data from your phone and EXIF data from photos.
Fri, 20 Jan 2017 10:31:00 -0500