Shares of Cypress Semiconductor Corporation (NASDAQ:CY) ended Thursday session in green amid volatile trading. The shares closed up +0.01 points or 0.08% at $11.99 with 4.20 million shares getting traded. Post opening the session at $11.89, the shares hit an intraday low of $11.85 and an intraday high of $12.05 and the price vacillated in this range throughout the day. The company has a market cap of $3.83 billion and the numbers of outstanding shares have been calculated to be 321.18 million shares.
Cypress Semiconductor Corporation (CY) on Aug. 24, 2016 announced a new addition to its Traveo™ automotive microcontroller (MCU) family with more memory for program code and graphics to support hybrid instrument cluster applications. The new, highly integrated devices in the S6J32xE series provide a single-chip solution that can drive graphics on head-up displays or traditional gauges, but also provides scalability with Cypress’s low-pin-count HyperBus™ memory interface. The addition continues Cypress’s expansion of its broad automotive portfolio that delivers differentiating performance via its MCUs, memories, wireless radios, capacitive-touch solutions, Power Management ICs (PMICs) and other technologies.
The Traveo S6J32xE series features up to 4MB of high-density embedded flash, 512 KB RAM and 2 MB of Video RAM, along with an ARM® Cortex®-R5 core at 240 MHz performance. The MCUs have up to two 12-pin HyperBus memory interfaces that dramatically improve read and write performance of graphical data and other data or code. The devices can use a single HyperBus interface to connect to two memories for Firmware Over-The-Air (FOTA) updates, which enable end-users to get new software fixes, features and applications for their vehicles on-the-go. The series includes a Low-voltage Differential Signaling (LVDS) video output, providing a suitable interface to attach external displays such as Thin-Film-Transistors (TFTs). The MCUs support all in-vehicle networking standards required for instrument clusters, including Controller Area Network-Flexible Data (CAN-FD) and Ethernet AVB. More information on the Traveo MCU family is available at http://www.cypress.com/traveo.
“These new Traveo MCUs are another example of our commitment to expand our automotive portfolio to meet the changing needs of our customers, in this case, addressing the strong growth trend of hybrid clusters and head-up displays,” said Takeshi Fuse, senior vice president of the Automotive Business Unit at Cypress. “These new devices provide automotive manufacturers with a high-performance and cost-effective platform, adding to Cypress’s ability to bring advanced functionality to mainstream vehicles.”
Shares of Twitter Inc (NYSE:TWTR) ended Thursday session in red amid volatile trading. The shares closed down -1.17 points or -5.89% at $18.70 with 45.23 million shares getting traded. Post opening the session at $18.81, the shares hit an intraday low of $18.59 and an intraday high of $19.31 and the price vacillated in this range throughout the day. The company has a market cap of $13.19 billion and the numbers of outstanding shares have been calculated to be 707.73 million shares.
On September 1, 2016 Twitter and China’s influential financial media organization Yicai (formerly branded as China Business Network) announce a collaboration to grow Yicai’s global influence in the financial industry through the global live communications platform. The collaboration will feature live news content from @YicaiChina (https://twitter.com/YicaiChina) on Twitter that seeks to deepen understanding of China’s economy, financial and capital market, with a special focus on entrepreneurship and innovation, technology, media and telecommunications (TMT). Yicai will also provide real-time China A-share market updates from @ChinaStock (https://twitter.com/ChinaStock) on Twitter.
Twitter is the first international social media platform that Yicai is leveraging to reach global audiences interested in learning more about China’s business scene and China’s perspective on the mega financial shifts globally. Apart from financial news, Yicai will post video interviews with key entrepreneurs, policy makers and other financial professionals, and conduct live Periscope broadcast interviews from featured journalists discussing global trends.
One of the first collaborations will be Yicai’s coverage of the G20 meetings in Hangzhou, China in September. The global audience and business world can follow @YicaiChina for live coverage of the G20 meeting highlights using the #G20China hashtag on Twitter.
“We recognize that Twitter is where major global media influencers, Fortune 500 executives and thought leaders like Tim Cook and Elon Musk share their views, make announcements and keep up with the latest global trends. Every second counts in the financial market and we want to be part of the global live conversation and there is no better place to do it except on Twitter,” said Mr. Zhou Jiangong, CEO of Yicai Media Group.
“Yicai is an influential financial media organization well established in China for more than ten years which is already widely read and watched by Chinese business leaders and financial professionals. As the global live communications platform, Twitter is pleased to support Yicai’s goals to connect with business audiences around the world who are open to learning more about financial news and content from China,” said Rishi Jaitly, Vice President, Media Partnerships, Asia Pacific and Middle East, at Twitter. “In addition to C-pop, our collaboration with Yicai is another innovative example of Chinese businesses, publishers and creators that are seeking to go global and using Twitter as their live connection to the world.”