Apr 11 2017
The company's purchase of Vizio was a little odd to begin with.
LeEco has tried make a big splash with its debut in the US. For Vizio, the company will have to figure out what "life after LeEco" looks like. The deal was first announced last summer during an extensive press event, but eventually, things fell through and the deal couldn't be progressed. LeEco was to acquire 49% of Vizio for $2 million, a deal quickly slowed down by Chinese domestic restrictions regarding the "movement of capital".
Hong Kong-listed Sunac (HKSE: 1918-OL.HK - news) said it would plough 15.04 billion yuan into the sprawling LeEco empire, which has interests in various sectors including self-driving cars, smartphones, film making, and TV-set manufacturing. LeEco originally meant to build office space for 12,000 employees on a 49-acre property it acquired from Yahoo in 2016. In March, the company sold property it bought in Silicon Valley after owning it for less than a year. That said, it's also true that LeEco as a company is in the midst of a cash crunch.
Teen asylum-seeker ID'd as suspect in Norway explosive case
Officers cordoned off a large part of the Gronland area on Saturday evening, before the bomb squad detonated the suspect device. PST spokesman Martin Bernsen says "there are several reasons" for PST to "secure evidence and make the interviews".
Fixes slow after glitch sets off emergency sirens across Dallas
Residents are asked to be patient and to avoid calling 911 or 311 as the sirens may sound again during reactivation. The hacker tricked the system to send repeat signals activating each siren 60 times during the night, Vaz said .
Derek Jeter Has Interest In Purchasing Marlins
The report says former Florida Governor Jeb Bush heads another group that is teaming up with Citigroup to finance a bid. It has not been a secret that Marlins owner Jeffrey Loria is shopping the franchise.
In 2016, LeEco even poached Google's lead legal counsel, Joshua McGuire, giving him the title of "Vice President and General Counsel". According to LeEco, "regulatory headwinds" are to blame, but that's likely only a portion of the fundamental problems facing LeEco at this time.
There has been some good news for LeEco, though. But since then, Le Eco's financial situation has worsened, as the company raised $2.2 billion from a real estate tycoon in January to keep the business afloat amid a cash crunch. In a message from LeEco today we're to understand that the merger agreement will not be moving forward "due to regulatory headwinds".
Apr 11 2017
Bombings at Egyptian Coptic churches kill 44, injure more than 100
The rocket was sacked on Monday morning, causing Code Red alerts to sound in several Israeli communities on the border with Gaza. In the nearly four years since the coup, hundreds of Egyptian security personnel have been killed across the restive peninsula.
Apr 10 2017
UFC fight temporarily put in limbo by breast implant rule
The strawweight fighter began her career with a loss in February 2012, but won her next six fights prior to UFC 210. UFC president Dana White also took to Twitter on Friday afternoon to confirm the fight will take place as planned.
Apr 09 2017
Chelsea in champion form at Bournemouth, Spurs chase hard
Chelsea seemed to be cruising to three points, but Joshua King pulled one back with a deflected strike before half time. Daniels' cross from the left is met by Afobe by the penalty spot and he sends a volley crashing off the far post.
Apr 09 2017
Politics pierces the nostalgia at Rock Hall of Fame induction
But a source for the Rock Hall production maintained the wild card would be if "Perry just decides to sing when he gets onstage". Vedder also used his speech to discuss climate change , saying "climate change is real, that's not fake news".
Apr 09 2017
Trump says all options on table in dealing with N. Korea
In February the North simultaneously fired four ballistic missiles off its east coast, three of which fell close to Japan. Marine base in Okinawa and the Air Force base in Guam, here B-2 stealth bombers and B-52 strategic bombers are deployed.
Apr 09 2017
Spanish ship off Gibraltar
In an interview with Reuters on Monday, Gibraltar's chief minister, Fabian Picardo, said the passage was "clear Spanish bullying". A Spanish gunship has made an illegal incursion into British waters off Gibraltar amid rising Brexit tensions over the territory.
Apr 08 2017
Pep Guardiola offers zero promises to Man City stalwart over future role
Delph, who has been troubled with groin and pelvis injuries this season, insists he wants to be a part of Guardiola's revolution. I've pretty much not been there this season but I've watched the games and even the ones we've lost we've been the better team.
Apr 08 2017
Gambians head to polls to choose parliament under new leader
Anna Stelle, 69, a former APRC supporter, said she had switched to the GDC, along with many other former Jammeh followers. Analysts said the results reveal the deep anger felt by Jammeh's critics at the actions of the past regime.
Apr 08 2017
Gov Brown lifts California drought emergency, except in some Valley Counties
Felicia Marcus, chairwoman of the State Water Board, says the governor's move doesn't end water conservation in California. The plan involved extensive stakeholder outreach and engagement, with more than 20 public meetings held around the state.
Apr 07 2017
Israeli soldier killed in vehicle ramming attack
Witnesses told Israeli media that as he approached a bus stop, he accelerated and aimed the vehicle at two Israelis waiting there. According to the Israeli daily Ha'aretz, the vehicle had a Palestinian license plate.
Apr 10 2017SNL spoofs now infamous Kendall Jenner, Pepsi commercial
Apr 09 2017NVIDIA Releases TITAN Xp with Fully-Unlocked GP102
Apr 09 2017Shooting near South Florida mall leaves 1 dead, 2 hurt
Apr 09 2017City get back on track with win over Hull
Apr 09 2017WEATHER: Wind Advisory issued; expect gusts up to 44 miles per hour Friday
Apr 08 2017Russia ups ante by freezing communications with US in Syria
Apr 08 2017Is the sky blue? Depends on what Donald Trump says
Apr 08 2017These At-Home DNA Tests Are Now FDA-Approved
Apr 08 2017Injury Report Against Stoke City: Mane, Lallana, Henderson, Coutinho
Apr 08 2017Tramaine Brock arrested in domestic violence case, released
Apr 10 2017NYC Uber Rider Threatens Driver, Falsely Accuses Him Of Rape — NSFW
Apr 10 2017No more excuses for Sergio Garcia at the Masters
Apr 10 2017Lawmakers urge Trump to work with them on Syria
Apr 09 2017Congress seen as not likely to pass tax overhaul quickly
Apr 09 2017KFC commits to chicken without human antibiotics
Apr 09 2017Uber says never used Waymo files on self-driving
Apr 09 2017Four race will run until the final day, claims Guardiola
Apr 09 2017India extends $4.5 bn line of credit to Bangladesh
Apr 08 2017New Jupiter image captured by Hubble Space Telescope
Apr 08 2017Are We Witnessing The Beginning Of The End For Free Music Streaming?
Apr 08 2017Hyperloop One Announces 11 Possible U.S. Routes
Apr 08 20174 killed in Stockholm truck attack described as terrorism