After-hours buzz: SONC, NKE, TPX & more

After-hours buzz: SONC, NKE, TPX & more

Share of Nike dropped 4 percent after the bell. The athletic apparel giant reported earnings of 73 cents per share, beating estimates of 56 cents per share. Its revenue of $9.06 billion beat analysts’ estimates of $8.87 billion. Shares of Sonic fell 7 percent after the company guided lower for its fourth quarter. The nation’s largest chain of drive-in restaurants announced that it expects same-store sales to decrease 2 percent. Analysts were estimating same-store sales growth of 0.5 percent, according to FactSet. Sonic also adjusted its EPS expectations for the…

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Why Snapchat’s new glasses could be more than just a toy

Why Snapchat’s new glasses could be more than just a toy

Source: Spectacles Spectacles by Snapchat If Snap’s lighthearted rebrand takes off, it could pave the way for serious new lines of business — including augmented and virtual reality, experts told CNBC. Along with a name change, the company behind Snapchat released over the weekend a new set of glasses that lets users capture short videos from their own perspective and post it to the app. The product, $129.99 Spectacles, rolled out with a colorful, retro-lite look and asizzle reel of some roguish young people recording their skateboard tricks. Snapchat declined…

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Twitter stock rises after report Disney considering bid

Twitter stock rises after report Disney considering bid

HOME INTLNEWSMARKETSINVESTINGTECHMAKE ITVIDEOSHOWSMORE PROLIVE TVWATCHLIST Disney considering bid for Twitter -Report Disney considering bid for Twitter -Report Monday, 26 Sep 2016 | 2:41 PM ET | 03:14 Walt Disney is said to be working with an adviser on a potential Twitter bid, according to a Bloomberg report on Monday, and the speculation sent the social network’s shares on an intra-day run. In recent months, speculation that Twitter will be sold has gathered steam. Last week, sources told CNBC that several technology and media companies had expressed interest in acquiring Twitter,…

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Delhi High Court dismisses plea challenging NEET 2016 answer keys

Delhi High Court dismisses plea challenging NEET 2016 answer keys

It seems like the confusions, paper leak and other issues will continue to hover over the National Eligibility cum Entrance Test (NEET) conducted this year. In a recent statement, while rejecting the a petition challenging the Central Board of Secondary Education (CBSE) answer keys released on August 8, the High Court of Delhi said that it cannot review answer keys prepared by subject experts. Who filed the petition? The petition was filed by Sagar Sanjeev Dua challenging the answers of Central Board of Secondary Education (CBSE) to five questions of…

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IIMs seek Cabinet approval for withdrawal of 1975 HRD order

IIMs seek Cabinet approval for withdrawal of 1975 HRD order

Following the incessant controversy over the appointment of IIM faculty under quota system for the reserved candidates, it is now been learned that the premier institutes had to be withdrawn the 1975 HRD order, which had earlier exempted the premier institutes from reservation policy. However, there is a speculation that the 1974 HRD order was only meant for technical institutes and not for the management institutes. The confusion arose when the HRD Ministry exempted the IIM Ahmedabad from recruiting its faculty through quota and subsequently adopted the order by the…

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How AMD’s powerful Zen chip flouts the SoC stereotype

How AMD’s powerful Zen chip flouts the SoC stereotype

The hype is building around AMD’s upcoming Zen chip (due at the end of 2016), but if you’re calling it a CPU, you’re off-track. That’s because the first iteration of the company’s new microarchitecture, code-named Summit Ridge, is actually an SoC, or System on Chip. Confused? That’s understandable, says Kevin Krewell, principal analyst with Tirias Research. “The definition of System on (a) Chip is not clear,” Krewell says. “First, the definition of ‘system’ is contextual—if it’s a smartphone it needs to have a CPU, GPU, modem, DRAM controller, and other…

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Best Bluetooth speakers

Best Bluetooth speakers

There was a time when Bluetooth speakers were like jelly beans: They were cheap, they all looked the same, and they were invariably of dubious quality. Times have changed. Every major audio manufacturer has at least one model on the market today, and most have several. If you haven’t listened to a Bluetooth speaker lately, you’re in for a very pleasant surprise. But the industry’s progress doesn’t mean that every Bluetooth speaker justifies its price tag, no matter how inexpensive it might be. There’s still plenty of dreck floating around….

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September security update starts hitting T-Mobile Galaxy S7 and S7 edge

September security update starts hitting T-Mobile Galaxy S7 and S7 edge

T-Mobile has started pushing out a new update to Samsung Galaxy S7 and S7 edge units on its network. The carrier’s website says that the update – which weighs in at over 350MB – brings latest security patches, changes related to time/date, and various system improvements. However a quick look at the official change-log reveals that the update includes Samsung Cloud, sync feature for video and photos, as well as back up and restore features for apps, home screen, music files, and documents. A could management menu has also been…

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Android 7.0 Nougat update for OnePlus 3 in works; OnePlus X Marshmallow update coming next week

Android 7.0 Nougat update for OnePlus 3 in works; OnePlus X Marshmallow update coming next week

OnePlus has revealed that they are “actively working” on Android 7.0 Nougat update for the OnePlus 3. The revelation was made by company executives who did an AMA (Ask Me Anything) session over on Reddit. They, however, didn’t share an exact timeline for the roll-out of the update. The Chinese company made another important revelation during the session – the OnePlus Xwill start getting Android Marshmallow update sometime next week. Finally, OnePlus also confirmed that there are currently no plans to launch a smartwatch. source”cnbc”

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LG V20 to hit the shelves this week

LG V20 to hit the shelves this week

LG has officially announced that its V20 smartphone will be available for purchase starting this week and the company’s home country of South Korea will be getting it first. The announcement came in the form of a press release today. Korean media had already confirmed last week that the device will go on sale in the country on September 29, which is perfectly inline with the time-frame the company has now announced. LG has also said that other markets – including North America, Asia, Latin America, and the Middle East…

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