Global Feed

Broadcom is acquiring Brocade. Broadcom, one of Silicon Valley’s most aggressive acquirers,is expanding beyond its main business in chips to add boxes that help connect storage systems to computers in data centers. The acquisition is valued at $5.5 billion. (Search)

Scottish brewery, Innis & Gunn, says it has created a new pale ale using moisture harvested from clouds. A bespoke device fitted with a turbine and condenser was attached to a power kite to capture the water which was then put through Innis & Gunn’s brewing process. Innis & Gunn are producing 500 pints of the limited edition Sky P.A. as part of crowdfunding efforts to secure future experiments in beer making and the expansion of the company’s bar and restaurants. (News)

Analysts are expecting Facebook to show big gains in profit and revenue today when it announces third-quarter earnings. Analyst Michael Patcher says Facebook has a “virtually insurmountable competitive advantage,” with more than 1.7 billion monthly active users, more than 1.1 billion daily active users and four million advertisers. The stock closed Monday at $130.99 a share, up nearly 30% over the past year. (News)

Thousands of supporters of the EFF, DA and Save South Africa are expected to march through the streets of Pretoria on Wednesday. The EFF will march from Church Square, and the DA from Princess Park Street, while Save South Africa will gather at the corner of Bosman and Frances Baard streets. Growing concerns of state capture and calls for the immediate resignations of National Prosecuting Authority boss Shaun Abrahams and President Jacob Zuma are central to the demands of the marchers. The Save South Africa campaign march takes place under the banner of “people’s assembly against state capture”. (News)

The Coca-Cola Company is sitting tight after alleged leaked emails exposed the corporate giant’s worldwide war against sugar taxes on cold drinks. Hacktivist site DC Leaks recently revealed Coca-Cola’s strategy to tackle public health policies at the local, state, national and international levels. These include trying to influence reporters, keeping a close watch on social media influencers and lobbying government. (News)

Volvo Cars and its Chinese owner are revving up their profile as they focus on selling premium cars in world markets. Outlining its latest strategy on Wednesday, Volvo unveiled upgraded versions of its upscale S90 sedan range, which will be manufactured entirely in China for export, in a sign of confidence in its Chinese production base. Volvo and its parent company Geely also announced plans for a factory to make autos based on a new shared platform, including vehicles for Geely’s just-launched “connected car” brand, Lynk & Co. It’s part of Volvo Cars’ efforts to compete with other luxury car brands both globally and within China, the world’s No. 1 market, after it was bought by Zhejiang Geely Holdings in 2010. (News)