LeEco Calls Off $2-Bn Acquisition Of Vizio

LeEco Calls Off $2-Bn Acquisition Of Vizio

LEECO has scrapped a planned $2 billion acquisition of US consumer electronics company Vizio due to regulatory issues, a fresh setback to the cash-strapped Chinese conglomerate’s expansion drive. The deal was first announced in July, with LeEco agreeing to acquire the Irvine-based manufacturer of LCD/LED flat panel Tvs. A LeEco representative cited a “Chinese policy factor” for abandoning the proposal, but declined to provide further details. LeEco, one of China’s most ambitious companies that grew from a Netflix-like video website to a business empire spanning consumer eletronics to cars within 13 years, is struggling to meet its ambitious that include

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Know Your Ball Point Pen Completely

The first patent for a ballpoint pen was issued on 30 October 1888, to John J. Loud , Laszlo Biro , who was attempting to make a writing instrument that would be able to write “on rough surfaces-such as wood, coarse wrapping-paper, and other articles” which then-common fountain pens could not. The ballpoint is a writing instrument in which a small rolling ball, housed in a socket at the tip, transfers a viscous ink on to the writing surface. The ball is lubricated by the ink, which moves downwards in the reservoir chiefly by the action of gravity. When the pen is

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Let Technically Know about Our Motorcycle

Another early internal combustion, petroleum fueled motorcycle was the Petroleum Reitwagen. It was designed and built by the German inventors Gottlieb Daimler and Wilhelm Maybach in Bad Cannstatt, Germany in 1885. Technical Parts of Motorcycle: Two- wheeled vehicles powered by internal combustion engines comprise motor cycles, motor scooters and mopeds. These are all similar in principle. The motor cycle comprises four main sections: the frame, the engine with gearbox and drive components, the road wheels, and the petrol. The frame is of tabular pressed steel construction. The most important components of the frame are the springs for absorbing the jolts caused by

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