Tina Rose

New Obama Initiative – Computer Science for ALL

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President Barack Obama announced in his final State of the Union address that more “hands-on” computer science training classes were coming to our schools. A new initiative announced Saturday will send $4 billion in grants to states and $100 million in competitive grants to school districts to create a new era of fully trained students … Read more

Apple’s Vision of Tomorrow-Virtual Reality

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Apple (AAPL) announced the purchase of small start-up Flyby Media to explore opportunities in the world of augmented reality. As the virtual reality industry expands, Apple sets out to become a player in the field. Apple Buys Small Start-Up – Flyby Media Until now the fields of augmented and virtual realities have primarily belonged to … Read more

Ancient Babylonians Traced Jupiter With Complex Geometry

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Ancient Babylonians are now credited for using geometry to trace the planets 1400 years before the technique was to be invented in Europe. Who Tracked Jupiter First? It has been widely accepted that Europeans had traced the night sky for us using complex mathematics in the fourteenth century…until today. It now been discovered that ancient … Read more

Kaguya Vs. Sakura! Naruto Shippuden: Ultimate Ninja Storm 4 Releases Footage!

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The storm is coming! Due out February 9, Ultimate Ninja Storm 4 will be available for PS4, Xbox One, and PC. Following the launch, a number of DLC packs will be available both individually and as part of a season pass. The Battle to Save Rin This time in Naruto Shippuden: Ultimate Ninja Storm 4’s … Read more

AEREO – Here to WiFi Your City with Starry

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Chet Kanojia, founder of AERO, announces new start-up – called Starry – that will WiFi our entire cities, faster than wired broadband, at fractions of the cost. The company announced that it is ready to take on the country’s biggest Internet providers and convert our cities to a faster wireless connection that will be available … Read more

Everything You Wanted To Know About The Xiaomi Mi 5 Launch

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The Xiaomi Mi 5 is heading our way with an anticipated launch date of February 24. Xiaomi, who has put a lot of their company’s reputation into the device, has anticipated this next-generation of smartphone. Xiaomi, the dilemma Xiaomi, has been under close scrutiny by both investors and the consumer market. As you may already … Read more

Google Looking to Advance Release of Enterprise Edition

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During the weekend Google (GOOG) shut down many of its social accounts relating to Google Glass. The company is now focused on its Project Aura. This includes the Enterprise Edition, which may be officially unveiled in 2016. Google Glass isn’t Dead Many of the social accounts for Google glass, including Twitter, Google+ and Instagram were … Read more

Takata Sinks as Number of Deaths and Recalls Grow

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Takata Corp (TKTDY)  shares  a new 7 year low as the 10th death caused by faulty airbags leads to further their air bag recall to cover over 5 million US vehicles.

More Deaths

Another death has been linked to Takata Corporation’s faulty airbags. World wide there have been over 10 deaths that are directly linked to the excessive explosive force from the faulty airbags exploding.

Recalls Grow

Over 24 million  vehicles in the US have been recalled due to the problem, and over 60 million globally. The recalls may not be reflected in this years profit statement, Takata has said it should expect a profit over ¥5 billion net this year. Shareholders should understand that this should be reflective of the fact that recall related payments are not likely to make it on its financial statements.

Takata Sinks

With stock down over 50% this past year, Takata sunk another 10% in Tokyo on Monday. This followed the recall of over 5 million more vehicles in the U.S.   The National Highway Traffic Safety Administration made the move on Friday to expand the massive recall that included many of today’s U.S. vehicles that would include Ford (F), Nissan (NSANF), and Toyata).

Sources

http://www.wsj.com/articles/takata-shares-hit-seven-year-low-as-air-bag-recalls-grow-1453698641

http://money.cnn.com/2016/01/25/investing/takata-more-deaths/