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(Reuters) – The U.S. Army said on Wednesday that it has awarded Microsoft Corp (MSFT.O) a $479.2 million contract to supply prototypes for the Army’s augmented reality systems helping soldiers in training and combat missions 14k gold black onyx cufflinks uk sale. The Army posted the contract award on its website. “Augmented reality technology will provide troops with more and better information to make decisions,” a Microsoft spokesperson said in an emailed statement. Bloomberg, which earlier reported the deal, said the contract went though a bidding process with key tech companies including Magic Leap participating in the auction..
(Reuters) – Tobacco company Altria Group Inc (MO.N) is in talks to take a minority stake of 20 to 40 percent in e-cigarette maker Juul Labs Inc, people familiar with the matter said on Wednesday. The companies declined to comment. Big tobacco companies, including Marlboro-maker Altria, have been investing in e-cigarettes as U.S 14k gold black onyx cufflinks uk sale. smoking rates decline, but those products have lost significant market share over the last year as Juul’s popularity has surged. The talks have been ongoing over the last few months, and the size of the stake could change, the sources said. The talks could still fall apart because of the many shareholders and regulators involved, one source said..
Such a deal could allow Juul to continue to grow with reduced risk, the people said, without losing control of the company. Privately held Juul’s vaping devices, which resemble a USB flash drive, have helped the company quickly become the market leader in the U.S. e-cigarette business, growing from 13.6 percent of the market in early 2017 to more than 75 percent this month, according to a Wells Fargo analysis of Nielsen retail data. Juul’s sleek design and sweet flavors, including mango and creme, made it particularly popular among high schoolers. “Juuling” has become synonymous with vaping, with young people posting videos and photos of themselves using the product at school or with friends, often under the hashtags #doit4juul or #juullife 14k gold black onyx cufflinks uk sale.
Juul’s e-liquid also has a much higher nicotine content than earlier versions of U.S. e-cigarettes 14k gold black onyx cufflinks uk sale. The company says its products are meant only for adults looking to convert from traditional cigarettes. Earlier this month, the U.S. Food and Drug Administration announced new curbs on sales of flavored tobacco products, including Juul’s mango and cool cucumber, to age-restricted stores and online merchants that use age-verification checks. But Juul, launched in 2015, was valued at more than $16 billion based on a July 2018 funding round, according to venture capital database PitchBook Data Inc..