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Rajasthan High Court Recruitment 2019 – Apply Online for 3678 Driver & Class IV Posts

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SoftBank's Yahoo Japan to Merge With Line App Operator

Line will be delisted after SoftBank and Naver make a tender offer, with the merger expected to happen in October 2020. https://ift.tt/33Xhbbk

Microsoft Pulling the Plug on Cortana App on Android, iOS

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Mirzapur Season 2 First Look Reveals Amazon Series to Return in 2020

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Realme X2 Pro Set to Go on 'Blind Order' Sale Today

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Former Apple Chip Executives Found Company to Take on Intel, AMD

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Chrome, Edge, Safari hacked at elite hacking contest Tianfu Cup, which is now China's top competition after a participation ban on foreign contests like Pwn2Own (Catalin Cimpanu/ZDNet)

Catalin Cimpanu / ZDNet:
Chrome, Edge, Safari hacked at elite hacking contest Tianfu Cup, which is now China's top competition after a participation ban on foreign contests like Pwn2Own  —  China's top white-hat hackers have gathered in Chengdu to test zero-days against today's top software.

Yahoo Japan and Line Corp confirm merger agreement

SoftBank Corp announced today that it has reached an agreement to merge with Z Holdings (the SoftBank subsidiary formerly known as Yahoo Japan) and Line Corp, in a move they hope will better position them against competitors. The merger, which was first reported by Nikkei last week, is expected to be completed in October 2020.

SoftBank and Naver, the owner of Line, will each hold 50% of a new holding company that will operate Line and Z Holdings. By uniting, SoftBank and Naver hope that they will better position search portal Yahoo Japan, Line’s messaging app and their other businesses to compete against rivals from the United States and China.

In its announcement, SoftBank said “in the Internet market, overseas companies, especially those based in the United States and China, are overwhelmingly dominant, and even when comparing the size of operations, there is currently a big difference between such overseas companies and those in other Asian countries, other than China.”

Line is one of the most popular messaging apps in Japan, Taiwan and Thailand, but has struggled to compete in other markets, despite offering a wide array of services that includes Line Pay, Line Taxi and Line Music. Yahoo Japan is one of the country’s biggest search engines, but it competes with Google and its other businesses, including e-commerce, are up against rivals like Rakuten and Alibaba.

Once merged, SoftBank and Naver say cooperation between their subsidiaries and investment portfolio companies will enable them to make more advances in artificial intelligence and other areas, including search, advertising and payment and financial services.

The merger would entail taking Line private by acquiring all outstanding Line shares, options and convertible bonds. The tender offer for Line’s remaining shares will be 5,200 yen, a 13.41% premium over the closing price of Line’s common shares, listed on the Tokyo Stock Exchange, on Nov. 13, before reports came out about the potential merger.

Yahoo Japan and Line are reportedly going to merge

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TikTok Owner ByteDance Plans to Launch Music Streaming Service: Report

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9 things Google CEO Sundar Pichai told employees in his email

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Ford unveils the Mustang Mach-E, an all-electric crossover with muscle car roots

Ford unveiled Sunday ahead of the LA Auto Show the Mustang Mach-E, the highly anticipated all-electric crossover and the first vehicle to come out of Team Edison, the automaker’s dedicated electric vehicle organization.

In short: the Mustang Mach-E is different from any other Ford vehicle without ignoring its roots. It’s undeniably a Mustang with its short nose and front overhang, headlights and muscular stance. But it also has a design suited for an electric vehicle as well as an all-new infotainment system and connected vehicle technology, plus a few other interesting and new details.

The moment is an important one for Ford, which has historically backed hybrid technology. It not only represents the biggest change for the Mustang in its 55 year history, it’s the first product to come out of Ford’s $11 billion commitment to add 16 all-electric vehicles within its global portfolio of 40 electrified vehicles through 2022.

“We knew we had to do something different and something exciting and something only Ford could do,” Kumar Galhotra, president of Ford North America said at a press event prior to the Sunday unveiling.

This is not meant to be a compliance car — the types of vehicles produced only to meet stricter emissions rules in some states such as California, a key market for automakers. It’s meant to be a vehicle that people get excited about; it must be fun to drive and have the performance that Mustang diehards expect. It’s no small task and one some within the company viewed as a risk.

“I’ve driven it and it’s a rocket ship,” Ford Chairman Bill Ford said during the event Sunday. “This is a Mustang for a new generation, but I also think long-time Mustang fans like me will love it as well.”

And while there have been months of teasers and even one big leak, the unveiling Sunday provided fresh details of the vehicle.

Ford will offer five variants of the Mustang Mach-E, including a standard version called Select, a Premium trim, First Edition, California Route 1 and a GT Performance edition that is targeting a 0 to 60 miles per hour acceleration in the mid 3-second range and an estimated 342 kW (459 horsepower) and 830 Nm (612 pound-feet) of torque.

Starting at $43,895

The most affordable version of the Mach-E will be the “Select” trim with rear-wheel drive that starts at $43,895. However, “select” won’t be available until early 2021. The select rear-wheel view trim has 75.7 kwh battery with a target range of 230 miles. For another $2,700, the select trim is also available in all-wheel drive.

The limited First Edition will start at $59,900 and be available in extended-range all-wheel drive, with red painted brake calipers, metallic pedal covers, contrasting seat stitching and a scuff plate marked “First Edition.” The First Edition, , which is targeting 0-60 in the mid five-second range, has a 98.8 kwh battery that can travel 270 miles on a single charge.

The first edition and the premium trims will be the initial Mustang Mach-E vehicles available in fall 2020. The Premium version will start at $50,600.

The GT performance, which starts at $60,500, will be available in Spring 2021. The GT performance comes with a 98.8 kwh battery pack with targeted EPA estimate of 250 miles.

Ford has opened up a reservations page, where customers can put a $500 deposit down for any of the versions. A configurator that allows customers to design the version is also live.