Qualcomm CEO Sees ‘No Path to Value’ in Broadcom Tie-Up

Qualcomm chief executive Steve Mollenkopf on Thursday reaffirmed his opposition to a hostile takeover bid from computer chip rival Broadcom, saying the deal offers “no real path to value.” The comments came days after Singapore-based Broadcom escalated its efforts on a $130 billion bid by proposing a slate of directors to unseat the Qualcomm board of directors. Mollenkopf, speaking at an event hosted by The Economic Club of Washington, said that “we always have discussions” on potential tie-ups but that Qualcomm’s future is well-positioned as an independent company. He added that “we didn’t think the offer…

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What the Founders Thought About the Value of a ‘Classical’ Education

The generation that produced the U.S. Constitution lived at a time when liberal education was being rethought, redefined, stretched, and challenged. The Founders lined up on different sides of that debate. They argued over whether or not a liberal education worthy of the name had to be a classical education based on instruction in the Greek and Latin languages. They divided into factions we might call, for convenience, “classicists” and “anti-classicists.” Among the things most surprising is how early in the Colonial period objections were raised to the teaching of…

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