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Fitbit just got a very fishy takeover offer (FIT)
Posted November 10, 2016 3:27 PM
Fitbit just got a very fishy takeover offer (FIT)

Fitbit has received a takeover offer from a company called ABM Capital, according to a filing with the Securities and Exchange Commission — but it looks fishy.

In fact, Fitbit told Business Insider it has not received "any communication from ABM Capital, or any other firm, regarding a reported offer."

ABM Capital, which says it is based in Shanghai, China, is proposing to purchase the company for $12.50 a share.

Shares of Fitbit spiked when the filing appeared, but they have given up most of those gains as traders question the validity of the bid.

The address listed in the SEC filing for ABM appears to be for a


Astronomers have designed a house for Mars — take a look inside

Everyone from astronomers to tech companies wants to know what it would be like to live on Mars.

From growing vegetables in Martian soil, to claims that leaving Earth could save the human species, scientists are constantly making advances in this field.

Now, astronomers from the Royal Observatory in London and Stephen Petranek — author of "How We'll Live on Mars" — have designed a Martian Show Home to demonstrate what life could be like on the Red Planet.

The exhibit, which launched on Thursday 10 November and will run until Wednesday 16 November, marks the launch of "MARS" — a mini-series on National Geographic showing how humans could survive on the planet.


Watch billionaires Mark Cuban and Chris Sacca battle on the next 'Shark Tank'

Silicon Valley billionaire Chris Sacca returns to "Shark Tank" for the first time 0n Friday's episode airing at 9 p.m. on ABC.

Business Insider has an exclusive preview of the episode.

In it, Sacca — who, through his venture capital fund Lowercase Capital, was an early investor in companies such as Twitter, Uber, Instagram, and Kickstarter — gets into a sparring match with fellow billionaire Mark Cuban.

Cuban interrupts Sacca as he's challenging a man's claims about his product that's intended to make house hunting easier. And Sacca doesn't appreciate Cuban's interruption.

In fact, Sacca believes that battling with Cuban is one of the biggest reasons he's on the show.


One gif perfectly sums up why we need to invest more in public transportation

It's no surprise personal car ownership leads to road congestion and traffic.

Thankfully, the industry is naturally pivoting away from car ownership with investments in ride-sharing and self-driving cars. But the overall impact of those investments is still a little ways off.

As we wait to see roads clear as a result of those efforts from automakers, Online magazine Architecture & Design


Astronomers have found 'intriguing' shadows in new photos of alien solar systems

Astronomers have used a powerful mountaintop observatory to record three of the most detailed photos yet of infant solar systems and their nascent planets.

The scientists were even able to see "intriguing" shadows cast by clouds of gas and dust in two of the images.

The photos could help pop more pieces into the longstanding puzzle of how Earth came to exist.

Ask an astronomer how planets form, and she'll say parts of a giant wheel of gas and dust around a newborn star, called a protoplanetary disk, somehow collapse into blobs. Each blob snowballs, clearing lanes in the disk as it grows bigger and bigger until you have a new planet. Cooking time: A few million years.

But the


The average Netflix subscriber watches almost twice as much Netflix as they did 5 years ago (NFLX)

Netflix says it will produce a whopping 1,000 hours of original TV shows and movies in 2017, and that's a good thing since people keep watching more and more Netflix.

The number of hours of Netflix the average subscriber watches has gone up steadily since 2011, at an average of 16.4% per year. In 2011, using Netflix data, we can estimate that each subscriber watched about 51 minutes of Netflix per day (about 310 hours per year). And while official Netflix data hasn't come out yet for this year, CordCutting.com estimated that for 2016, users are on track to stream 600 hours of content each, on average.

If that's true, it means that the average Netflix subscriber watches about 12 DAYS more Netflix in a year than they did in 2011!

Here's a chart


The 12 coolest customized Teslas
Posted November 10, 2016 3:27 PM
The 12 coolest customized Teslas

Tesla owners are getting creative with their cars.

From rainbow paint jobs to a Tesla hearse (you read that right), Tesla customizations really do run the gamut.

Scroll down to see some of our favorites:

1. A Tesla Model S owner in Italy tricked out his car so it glows in the dark.

Instagram Embed:http://instagram.com/p/BJ3e0zaDDPd/embed/Width: 800px

The owner, Nicola Franceshi, said he used reflective tape to get the edges to glow.

Instagram Embed:http://instagram.com/p/BJ8pARMDfDQ/embed/Width: 800px

2. And a Dutch company transformed a Tesla Model S into a hearse with a separation wall and manually retractable floor for a coffin.

Facebook has vowed to do more to stop spreading misinformation (FB)

Some people believe Facebook played a dangerous role in the presidential election by feeding too many people fake news that validated their choice of candidate while vilifying the opponent.

Facebook and its News Feed algorithm is tuned to try to show you stuff you like. It doesn't necessarily distinguish between fact and fiction. In fact, last week, BuzzFeed documented how Trump supporters were being duped with an onslaught of fake news generated by more than 100 pro-Trump websites run from a single town in Eastern Europe.


People are compiling incidents of hate speech during 'Day 1 of Trump's America'

Republican Donald Trump became the US president-elect early Wednesday morning, a result that surprised many as most polls had given Democrat Hillary Clinton a greater chance of winning even as the race tightened.

Now that a Trump presidency is imminent, however, people on Twitter — especially Muslim-Americans and Latinos — are reporting hate speech and hate crimes they're attributing to Trump supporters.

Shaun King, a reporter for the New York Daily News, on Wednesday began writing on Twitter about instances of hate speech people said they had experienced. You can see a few recent ones below.

URGENT. Muslim student brutally assaulted by two Trump supporters in Louisiana. Hijab ripped off. Day 1....


Everything you need to know about Snapchat's Spectacles glasses, including how to buy them

In case you haven't heard, Snapchat now sells camera-equipped sunglasses called Spectacles.

The glasses, which record video to be shared through the Snapchat app, were first announced in September and officially went on sale Thursday.

Spectacles cost $130 and are initially being sold only through pop-up vending machines across the U.S.

Snapchat has been secretly working on these glasses for years, dating back to its acquisition of a small startup called Vergence Labs in 2014.

Here's everything you need to know about how Spectacles work and how to buy them:

Spectacles cost $130 and come in three colors: black, teal, and coral. They record 10-second video clips with a 115-degree-angle lens, which is supposed to mimic how the human eye sees th...