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SAN DIEGO -- Qualcomm announced Tuesday that the company reached an agreement to purchase Dutch chipmaker NXP Semiconductors.One of Qualcomm’s subsidiaries will pay 7.50 per share for all outstanding shares of the company.Boards from both companies agreed on the deal which is contingent upon 70 percent of NXP’s shares being tendered. RELATED: Qualcomm rejects Broadcom's 'best and final' offer"The acquisition of NXP will enable us to accelerate our growth strategy," said Qualcomm board member Tom Horton. "The board unanimously believes this is an attractive acquisition at this price for Qualcomm stockholders based on NXP's recent strong financial performance, the growth in key strategic areas such as auto and (the internet of things) and our high confidence in management's ability to execute upon the synergy opportunities."The billion deal comes one week after leaders of Qualcomm met with Broadcom executives to discuss a 6 billion buyout.RELATED: Broadcom submits 'best and final' offer in attempt to acquire San Diego-based QualcommQualcomm has rejected buyout offers from Broadcom twice. Broadcom said during the last talks between the two companies that this was its “best and last offer” to purchase Qualcomm.Officials with Qualcomm cited low per-share price and lack of assurance from Broadcom that it would do everything it could to ensure the deal would pass regulatory scrutiny. 1432

SACRAMENTO, Calif. (KGTV) -- California organizations and prominent businesses leaders are rallying support to repeal part of Proposition 13, a landmark vote that limited property taxes statewide.The portion organizations have taken aim at would leave property tax protections in place for homes and residential properties, but would substantially increase taxes on commercial property, creating a so-called “split roll,” according to the Sacramento Bee.A group that supports the initiative to change Prop 13, Schools and Communities First, has gathered 860,000 in an effort to get the measure on the November 2020 ballot.RELATED: San Diego ranked third for hidden costs of owning a homeThe state’s Legislative Analyst, Mac Taylor, concluded that the changes most years would result in an additional revenue of to billion.Proposition 13 was passed by California voters in June of 1978 and limits property tax. Prior to the passage of Prop 13, each local government throughout the state could set its property tax annually.This meant the average rate throughout California was nearly three percent. Under the proposition, a property’s overall tax rate statewide is limited to one percent.RELATED: Gas tax repeal qualifies for November ballotTaxes on property are already one of California’s largest sources of government revenue, raising billion in the 2014 to 2015 budget year, according to the Legislative Analyst’s Office.The chart below paints a picture of what happened to tax revenue following the passage of Prop 13 as well as revenue in recent years. One of the reform’s biggest proponents, The San Francisco Foundation, says the revenue could be used for schools, health clinics, infrastructure and other community services.“This is a watershed moment for California,” said Fred Blackwell, CEO of The San Francisco Foundation. “Closing these tax loopholes will restore over billion every year in desperately needed resources for our schools, clinics, and other critical services. It is an investment in a brighter future—expanding access to opportunity and bringing greater racial and economic inclusion to the Bay Area and across the state.”RELATED: San Diego tax increase proposal moves forwardGroups like the California Chamber of Commerce, however, oppose the plan split roll plan. The chamber says higher commercial taxes would be passed on to consumers. The CalChamber board added that, if changes to Prop 13 pass, they fear local governments would move toward approving commercial retail development instead of badly-needed housing developments.  2624

Safety-wise, there’s a lot riding on your tires. But many car owners don’t routinely inspect the rubber they are riding on or know what to look for.“Tires are what connects us to the road, and if they are worn, that will reduce your car’s stability and traction,” says David Bennett, AAA’s manager of repair systems.Here are five situations where experts say changes in your driving conditions, tire wear or damage are common — and easy ways to make your tires last as long as possible.1. You moved to a new place with a different climateIf you’ve recently moved from, for example, Southern California to Colorado, your driving conditions are now vastly different. And switching to winter tiresmight be in your future.But don’t wait for the first storm. If your car starts to swap ends, or spin, that’s “not a fun way to discover that you need different tires,” says Matt Edmonds, executive vice president of online retailer Tire Rack.Ask your new neighbors, or an expert at a tire store, what the locals use to stay safe on the roads. Or you can use an online tire guide and user reviews to choose new tires.2. You hit a pothole, nail or curbWhile you’re checking your tires’ pressure — which you should do at least once each month — run your hand over the tread surface to see if there are any nails stuck in the tire or cuts in the tread or sidewall, Bennett says.If you find a nail, don’t pull it out or you might wind up with a flat tire. Instead, drive to a tire repair shop and get them to pull out the nail and, if necessary, patch it.Often, tires are damaged by running over a pothole or rubbing against a curb while parking, Edmonds says. Look for bubbles or bulges that could indicate a developing problem and result in a high-speed blowout. Damage on the inside of the tire is harder to spot and might require a trip to a tire store for an expert’s inspection.3. Your tires are losing tractionTires that have lost all or most of their tread can feel fine while driving in dry conditions. But once rain or snow hits, they lose traction and braking distances increase, Bennett says.To measure tread depth, insert a quarter into the tread in the center of the tire with George Washington’s head pointing toward the tire. If the tread obscures the top of his head, your tires are in good shape.If the top of Washington’s head is even with the tread, the tires are still safe to drive on, but it’s time to start shopping for new ones, Bennett says.4. You hear tire noise, feel vibration or ‘pulling’These are all indicators that something is wrong either with your tires or, in some cases, with the alignment of your front wheels. As the tread wears, tires can become noisy, according to Edmonds.Tires that wear unevenly can cause a vibration through the car, which is commonly felt through the steering wheel. The car is pulling when it doesn’t track straight, slowly wandering either left or right. This is often caused by misaligned front wheels.5. You bought your tires more than six years agoRubber dries out over time, and even if there’s still plenty of tread, the sidewalls can crack.The date the tires were manufactured is printed on the sidewall and is usually preceded by DOT for the Department of Transportation. The first two numbers stand for the week in the year it was made, and the other two are for the year. For example, if your tire has “1109” printed on it, then it was manufactured in the 11th week of 2009.Edmonds says that tires should not be in continual service for more than six years or, if a car was garaged for extended periods, 10 years from the manufacturer date.Tire care basicsTires are expensive, but if you maintain them correctly, most tires provide reliable service for up to 60,000 miles. Here’s how to keep your tires in good condition so you can drive safely:Buy a tire gauge and pump. Tire gauges typically cost less than . And instead of inflating at crowded gas stations, buy a battery-operated inflation pump for less than and do it at home.Locate your tire pressure level. The correct tire pressure level is usually listed on the yellow sticker often found in the driver’s side door jam.Check your tire pressure at least once a month. To get an accurate reading, check your tires in the morning before you drive anywhere. Tires heat up when you drive on them, and this throws off the inflation amount.Don’t forget your spare tire. Inflate your spare tire if you have one. Many cars now are sold without a spare but have an inflation pump and a can of tire sealant that will, in an emergency, both inflate and seal the leak in your tire.Check your temperature. For every 10 degrees the outside temperature drops, a tire’s pressure will decrease by one pound per square inch. So, if you haven’t adjusted your tire pressure since the summer, you could be riding on underinflated tires that won’t handle as well, will wear more quickly and reduce your fuel economy.Rotate your tires regularly. Doing this will make sure your tires wear evenly and last longer. Your car’s service manual recommends the number of miles you can drive between tire rotations.More From NerdWalletHow to Make Your Car Last 200,000 MilesWhen and How Often to Replace Your TiresAuto Loan Refinance Calculator: How Much Can You Save?Philip Reed writes for NerdWallet. Email: articles@nerdwallet.com. Twitter: @AutoReed. 5357

SAN DIEGO - A crash into a fire hydrant sent a geyser of water 50 feet in the air and flooded homes in Chollas Creek Sunday afternoon, witnesses said.The accident happened around 2 p.m. when witnesses said a U-Haul backed into a fire hydrant near the 5000 block of University Avenue. The hydrant broke, sending water shooting into the air.A home, several cars and some apartments nearby were flooded. The water was shut off about 45 minutes after it started, witnesses said.There is no damage estimate at this time. 523

SAN DIEGO (CNS) - A former Torrey Pines High School student who posted threats targeting the school on his Instagram account was sentenced Friday to a year in custody, with at least six months to be served at a residential alcohol and mental health treatment facility.Kevin Matlak, 21, pleaded guilty last month to one count of making a criminal threat.Superior Court Judge Polly Shamoon placed Matlak on five years probation and ordered him to stay away from Torrey Pines High and have no contact with three people named in a criminal complaint.RELATED: Former Torrey Pines student faces judge in online threats caseDefense attorney Brian Watkins said Matlak didn't threaten anyone directly, but three former classmates -- whom the defendant didn't know -- read his posts on Instagram and felt threatened by them.The classmates of Matlak's who graduated in 2015 reported the threats to law enforcement on May 30, leading to his arrest."I hate all of you," Matlak wrote in one post, according to Deputy District Attorney Matthew Greco.RELATED: Former Torrey Pines High School student seeking psychiatric help after online threat"Get the (expletive) out of San Diego 2K18 before I find u," the defendant wrote in another post. Matlak also posted a photo of him holding an AR-15 rifle in one hand and giving the middle finger with the other hand, Greco said.The principal of Torrey Pines High School wrote a letter to the court, detailing how the threats impacted him and his assistant principals, knowing that the person making the threats had not been arrested and knowing that they could be in harm's way after they made the decision to keep the school open the next day. 1690