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Apple just bought the bulk of Intel's smartphone-modem business in a deal valued at billion.The deal includes about 2,200 Intel employees who will now join Apple, as well as intellectual property, equipment and leases, the two companies said in a joint release put out Thursday.Apple will now hold over 17,000 wireless technology patents, according to the release. Intel will still be able to develop modems for non-smartphone applications, such as PCs and autonomous vehicles.The deal still must undergo regulatory approval, but both companies said it's expected to close in late 2019.The acquisition will give Apple more of a role in developing key parts of its smartphones at a time when iPhone sales are faltering as devices last longer and people have stopped replacing them as frequently. The smartphone-modem chips allow phones to connect to wireless data networks.In April, Intel said it would no longer make 5G modems for smartphones, citing "no clear path to profitability and positive returns" in the business. Going forward, it will continue to work on other products related to 5G.Separately, Intel reported second quarter results on Thursday that beat analyst projections for both revenue and earnings. Its shares were up more than 5% in after-hours trading. 1287
ATLANTA, Ga. – Frank Reiss has a deep love for books. "I think they're beautiful," he said. "I love looking at them I love holding them."The success of the titles, authors and tales on the shelves of his Atlanta shop are a big part of the twists and turns in the story of his small business.He opened A Capella Books in 1989. In the beginning, he focused on books that were hard to find."Used books, ordinary used books, scarce and rare books," Reiss said. Then, people started to turn to the internet for books. "When Amazon showed up, books came pretty available, anyone with a computer could find a book anywhere and it got more and more that way," Reiss said. "A lot of our inventory that used to be scarce, out of print, to to even 0 books became pretty common," Reiss said. "Became and books and it became difficult to make a living selling those."Reiss says his expenses continued to rise while his sales didn't. To keep his business and his job alive, he had to climb into a hole. He says he started putting expenses on credit cards. He says 15 years ago, the debt was at its worst."I probably got to about a quarter million dollars in debt," he said. The plot twist that changed his store was figuring out what to offer the internet couldn't. "We could really capture an audience for books when you could bring the authors to town or store or other venues in town and give their fans the opportunity to meet them and get their books signed," Reiss said. Reiss started to work with the Carter Presidential Library, not far from A Capella, to hold book signings and events. He also started to sell newer books and moved his business to a cheaper location. "Sales versus our low point versus now is probably six times the revenue that we had at its low point," Reiss said.He also says an independent bookstore has a human element the internet does not. "We know our customers reading taste, they know our taste, we have conversations and its a very real experience," Reiss said.Independent book sales rose steadily at the end of last decade, according to the Independent Booksellers Association. “I think you can open a book and just be they can take you anywhere,” said Reiss. While commerce is king, for the characters with a more personal touch, the end hasn't been written. 2318

Canada overtook the United States as the world's leading host of formally resettled refugees in 2018, according to statistics compiled by the United Nations.The findings were released as part of the UN Refugee Agency's (UNHCR) annual Global Trends Report, 268
Bernie Sanders unveiled his plan Monday to eliminate .6 trillion in student loan debt for about 45 million Americans. The "College for All" act would make two- and four-year public colleges tuition-free and debt-free, and trade schools and apprenticeship programs would also be tuition-free.The program would cost .2 trillion to implement. How will the money be raised? According to the plan Sanders laid out, it will include a 0.5 percent tax on stock trades (or 50 cents for every 0 worth of stock), a 0.1 percent fee on bonds and a 0.005 percent fee on derivatives — so, essentially, a new tax on financial transactions. The Vermont senator's office says the plan would raise .4 trillion over the next decade.But while the nationwide total for student loan debt is about .6 trillion, according to the 827
Barbara Corcoran, a real estate developer, investor and star of the ABC show Shark Tank, says she lost nearly 0,000 in a phishing scam.According to 163
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