Roark Capital offers to buy Buffalo Wild Wings: Wall Street Journal

(Reuters) – Restaurant chain Buffalo Wild Wings Inc has received a takeover bid valued at more than $2.3 billion from private equity firm Roark Capital Group, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Roku hits record high on Philips licensing deal

(Reuters) – Roku Inc’s shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year.

Roku hits record high on Philips licensing deal

(Reuters) – Roku Inc’s shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year.

Roku hits record high on Philips licensing deal

(Reuters) – Roku Inc’s shares surged nearly 43 percent to a record high on Monday after the streaming device maker said it signed a licensing deal that would put its technology on Philips-branded televisions in the United States this year.

Walmart moves into upscale fashion with Lord & Taylor partnership online

TORONTO — Discount retailer Walmart says it will soon offer premium Lord & Taylor fashion brands on its American website.

Walmart says the flagship Lord & Taylor online department store is expected to launch on Walmart.com in spring 2018.

Spokeswoman Denise Incandela says the company’s goal is to create a premium fashion destination as the chain’s customers are searching its website for higher-end items.

She says Walmart is starting with fashion as it expands its online business to include specialized and premium shopping experiences.

The company says Lord & Taylor will be able to reach exponentially more shoppers through a dedicated store on Walmart’s website and app than through its own online presence.

The Hudson’s Bay Co. acquired Lord & Taylor, an American department store founded in 1826 that now has 50 locations in the U.S., in 2012.

Harvey-scale rains could hit Texas 18x more often by the end of the century

Hurricanes strike the US with regularity, but there’s nothing on record that is at all like Hurricane Harvey’s pummeling of Houston. Understanding the risk of that kind of wind and rainfall happening again is critical if we intend to rebuild infrastructure that’s going to survive to its expected expiration date. But freakish storms like Harvey make risk calculations challenging. These storms have no historic precedent, so we have no idea how often they occur; and the underlying probability of these events is shifting as our planet grows warmer.

An MIT professor named Kerry Emanuel, however, has helped develop a system that analyzes hurricane frequency in a warming world. Using it, he has found that Harvey-sized rainfall could go from being extremely rare to having an 18-percent chance of happening in any given year by the end of this century.

“Biblical” rainfall

Rainfall experiences a lot of local variations, and sites within a few miles of each other can often see very different numbers. To get a clearer picture of a storm’s damage, the research community has settled on a figure called the “area integrated rainfall.” By that measure, Harvey is the largest storm on record, having dumped 850 millimeters on the Houston area. That’s extreme, but there are other storms of similar magnitude. Texas saw more than 500mm of rain from the remnants of hurricane Patricia just two years earlier.

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Hands-On With Apple’s Updated Clips App on iPhone X

Apple late last week updated its “Clips” video editing app, introducing the first major new feature additions since it was first released in April of 2017. The updated version of the app overhauls the interface to make it simpler to upload videos, and it includes features that take advantage of the TrueDepth camera in the iPhone X.

We went hands-on with the new version of Clips to see if the changes Apple made to the app might possibly make it something that people will want to use more frequently.

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If you’re unfamiliar with Clips, it’s an app that’s designed to let you combine video clips, images, and photos with voice-based titles, music, filters, stickers, and graphics to create videos that can be shared with friends or family via Messages or email and on social networks.

Clips has been somewhat confusing since launch due to its convoluted interface, but that’s been improved in the new version of the app. It’s simpler to start up a clip, with the app opening directly to the camera interface where content can be recorded without adding confusing icons at the top. Quick swipes will also let you start a clip using a scene, a photo from the camera roll, or a poster, which is a solid background with a saying like “Check this out” or “Let’s do this.”

Scenes, aka “Selfie Scenes,” are a new feature available only on the iPhone X. Selfie Scenes use the TrueDepth camera to detect a person and then cut out the background, replacing it with one of several animated backgrounds like Metropolis, Riverfront, or Sketchbook, complete with sounds and filters. There are even two Star Wars scenes that put you on the Millennium Falcon or Mega-Destroyer.

Clips, as the name suggests, lets you combine several different “clips” of content, so you can film yourself talking using a Selfie Scene, insert a poster with a voice over, throw in a few photos, and end with a standard video, all of which are automatically merged together into one video.

You can dress up your videos using Live Titles, aka subtitles that are added automatically using transcription, stickers, filters, emoji, and labels that are customizable based on location and time. The new update adds several additional stickers (including Star Wars) and new royalty-free music that can be applied to videos.

Once finished, the video you created in Clips can be messaged to a contact or saved to the camera roll where it can be shared on social networks like Facebook and Instagram.

Clips was downloaded more than a million times following its release, but since then, it’s failed to really catch on with iOS users. Right now, Clips is the #44 app in the Photo & Video section, and it does not rank as one of the top 200 free apps on the overall Top Charts listing.

Related Roundup: iOS 11
Tag: Clips

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