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Qualcomm rejects Broadcom takeover bid

Last Updated Nov 13, 2017 10:16 AM EST Qualcomm has rejected a takeover offer from Broadcom. Broadcom (AVGO), a semiconductor company, offered $105 million in cash and stock to acquire the smartphone chip maker. But  Qualcomm (QCOM), whose board unanimously rejected the unsolicited bid, argued that the deal vastly undervalued the company and would face […]

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Wayward plane blocks space station launch

The launch of an Orbital ATK Antares rocket carrying a Cygnus cargo ship bound for the International Space Station was scrubbed at the last minute Saturday when an aircraft strayed into the restricted launch danger zone. The countdown was ticking smoothly toward zero at 7:37 a.m. EST (GMT-5) when a flight controller suddenly called out […]

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