Weetabix to Be Bought by Post…

U.S. cereal company Post Holdings (post) has agreed to buy British brand Weetabix from China’s Bright Food Group in a 1.4 billion pound ($1.76 billion) deal that will expand its international business, the companies said on Tuesday.The deal will add the Weetabix, Alpen, and Barbara’s brands to a portfolio of cereals including Honey Bunches of Oats and Grape-Nuts. It will allow for expanded distribution of Post products in a number of international markets, while expanding Weetabix and Barbara’s in North America.”Combining together two category leaders continues our strategy of strengthening our portfolio in stable categories and diversifying into new markets,” said Rob Vitale, Post’s chief executive, in a statement.Get Term Sheet, Fortune’s daily email about deals and deal-makers.Weetabix is Britain’s…
FULL STORY

Netflix standing on the threshold of…

SAN FRANCISCO — Netflix is on the verge of surpassing 100 million global subscribers, a testament to how much the video streaming service has changed the entertainment landscape since its debut a decade ago. The company will reach that milestone this weekend if its projections are correct. Netflix made the prediction Monday with the release of its first-quarter earnings. The service added nearly 5 million subscribers during the first three months of the year, and will end March with 98.7 million customers in roughly 190 countries. THANK THE SMARTPHONE Over the past decade, “what really did it for Netflix was the explosion of phones and tablets that allowed people to watch video everywhere,” said Wedbush Securities analyst Michael Pachter. “But…
FULL STORY

China’s Bright to sell Weetabix to…

By Adam Jourdan and Lauren Hirsch | SHANGHAI/NEW YORK SHANGHAI/NEW YORK U.S. cereal company Post Holdings (POST.N) has agreed to buy British brand Weetabix from China’s Bright Food Group Co Ltd [SHMNGA.UL] in a 1.4 billion pound ($1.76 billion) deal that will expand its international business, the companies said on Tuesday.The deal will add the Weetabix, Alpen and Barbara’s brands to a portfolio of cereals including Honey Bunches of Oats and Grape-Nuts. It will allow for expanded distribution of Post products in a number of international markets, while expanding Weetabix and Barbara’s in North America.”Combining together two category leaders continues our strategy of strengthening our portfolio in stable categories and diversifying into new markets,” said Rob Vitale, Post’s chief executive,…
FULL STORY

Supermassive Black Holes First Image Took…

Black holes have always been seen in books and not on actual images because it is still impossible to have an actual image of it. But the researchers have found another way that can collect an image called the Event Horizon Telescope Arrays, which uses some series of radio receivers that can collect data across the different continents. According to National Geographic, researchers have been observing the sky for five nights through Event Horizon Telescope and on the final observation, the researchers have finally captured the first image of a black hole. The supermassive black hole is called Sagittarius A* that lurks in the center of the Milky Way that quite heavy with a mass of 4 million times of…
FULL STORY

Weetabix to be sold to US…

Image copyright Reuters UK cereal firm Weetabix is to be bought by US firm Post Holdings for $1.8bn (£1.4bn), its owner has confirmed.Weetabix – made in the UK since 1932 – was put up for sale in January by China’s Bright Food, which bought a 60% stake in 2012.Bright’s acquisition was the largest by a Chinese firm at the time, but it is believed to have struggled to build significant market share in China.Chinese consumers prefer a hot, rice-based breakfast to cold cereal.While Weetabix doubled sales in China in 2016, the UK still accounts for the majority of its sales.A spokesman for Bright Food, Pan Jianjun, said the sale of Weetabix did not mean the firm was abandoning its global…
FULL STORY

Don’t Update Your Google Pixel Or…

iTech PostDon’t Update Your Google Pixel Or Nexus Just YetiTech PostThe latest Android 7.1.2 update is giving some Google Pixel and Nexus owners a headache. (Photo : Gupta Information Systems/YouTube). Google Pixel and Nexus owners should think twice before going with the latest Android 7.1.12 Nougat. There are a …Fingerprint sensor not working after 7.1.2 – Google Product ForumsGoogle Product ForumsSome Pixel and Nexus fingerprint sensors not working after Android 7.1.2 update – Android PoliceAndroid PoliceGoogle app v7.0 beta includes new Assistant Notification settings, plans redesign of Assistant Services directory …Android Policeall 89 news articles »
FULL STORY

Right Whale, A Rare Whale That…

On Wednesday, April 12, a huge number of rare whales gathered in Cape Cod Bay that is critically endangered in North Atlantic. Aerial observers identified that there are about 163 right whales spotted during the 8 hours flight.  According to Cape Cod Times, there were three calves documented that are in the warm breeding waters, which gives the aerial observers more worries as it represents that the global population of right whales appears to be declining. Charles “Stormy” Mayo said that there are the animals that are a lot rarer and it becomes endangered. However, NOAA researchers found one dead of a right whale in Barnstable Harbor. The said right whale was about two to three months old female and…
FULL STORY

Google Pixel, Nexus Users Face Fingerprint…

Earlier this month, the Android 7.1.2 Nougat update was made available for Pixel and select Nexus devices and brought along several bug fixes along. Now, several Pixel and Nexus owners have complained that the update also brought along an issue regarding the fingerprint sensors due to which the device fails to recognise the authentication hardware.On its support forum, Google has acknowledged that the issue was reported to the company by some users and even opened a thread to gain more feedback if other users are also experiencing the same issue post the update. Several users have since pointed out the issue.One of the users said, “I’m having the problem. After updating I got the following message in red at the…
FULL STORY

The secret presidency – The Washington…

The exterior of the White House. (Nathaniel Grann/For The Washington Post) FOR DECADES, and particularly since President Richard Nixon’s administration, public pressure has led presidents to become steadily more open with citizens about how they conduct business, and more mindful of ethics. Major party candidates have released their tax returns, revealing information about their finances and any potential conflicts of interest. Presidential relatives have avoided high office. The Justice Department has insulated itself from the Oval Office. And, as of the Barack Obama presidency, the White House has released voluminous records on who visited the executive mansion grounds so citizens could know who was meeting with the president and his staff. Some of these practices flowed from formal rules, others…
FULL STORY

Oil well leaking out of control…

By Steven Mufson, The Washington Post A BP oil and gas production well in Alaska’s North Slope blew out Friday morning, and on Saturday afternoon, the well was still not under control as responders fought subfreezing temperatures and winds gusting up to 38 mph. Efforts to get the well under control were also being hampered by damage to a well pressure gauge and by indications that the well itself has “jacked up,” or risen three to four feet, the Alaska Department of Environmental Conservation said in a situation report Saturday afternoon. BP, whose Macondo well in the Gulf of Mexico blew out and caused the largest oil spill in U.S. history, has responded to questions about the well, but information…
FULL STORY