| Ina Fried / Axios: |
Qualcomm responds to Apple suit over patent licensing and files countersuit including charge of limiting performance of Qualcomm modem chips in iPhone 7 — Qualcomm formally responded to a lawsuit from Apple on Monday, rejecting the iPhone maker's claims and launching its own countersuit.| David Ingram / Reuters: |
Facebook COO Sheryl Sandberg says company has 5M monthly advertisers, up from 3M in March 2016 — Facebook Inc (FB.O) plans to announce on Monday that more than 5 million businesses are advertising on the social network each month and that it is updating its suite of ad services to try … | Chris Welch / The Verge: |
LeEco calls off its $2B purchase of TV maker Vizio, instead forming “partnership” that brings Le app to some Vizio devices and Vizio products to China — LeEco is no longer buying Vizio. Today the companies jointly announced that “the merger agreement to acquire Vizio will not proceed due to regulatory headwinds.”| Selina Wang / Bloomberg: |
Source: LeEco missed its $100M US sales goal in 2016, generating less than $15M, will eliminate 175 of 475 jobs in US — Chinese tech firm falls far short of $100 million revenue goal — U.S. ambitions also hindered by collapse of deal to buy Vizio — Chinese technology conglomerate LeEco Inc … | Zac Hall / 9to5Mac: |
Algoriddim brings djay Pro to Windows 10 using Microsoft's Bridge tool for iOS, includes iTunes and Spotify integration — Algoriddim has ported its popular djay Pro software from iOS to Windows 10 for the first time. djay Pro will still be developed on iOS and the Mac using … | Barry Schwartz / Search Engine Land: |
Google's image search results for mobile web and the Android Search app now display “similar items” to purchase — Google's image search results on the mobile web and in the Android Search app are now showing “similar items” — i.e., if you're looking at “lifestyle” … | Jamie Feltham / UploadVR: |
AMD buys Nitero for low latency wireless streaming tech to make desktop VR headset cables unnecessary — Nitero, a company working in the increasingly prevalent wireless desktop VR sector, has just been acquired by AMD. — AMD is best known for its CPUs that power VR-ready PCs … | Ryan Lawler / TechCrunch: |
Freestyle Capital has raised $90M for its fourth fund and promoted Jenny Lefcourt to general partner — Freestyle Capital has raised its fourth fund to invest in early-stage startups. This time around the firm is increasing the fund size to $90 million and promoting Jenny Lefcourt to general partner.| Andrew E. Kramer / New York Times: |
| Bloomberg: |
Sources: Comcast plans to debut an online video service offering hit shows from its NBCUniversal TV networks in the next 12 to 18 months — Service said to include NBC programs, perhaps SyFy, Bravo, USA — Regulatory restrictions hamstring cable giant until next year| Sarah Perez / TechCrunch: |
comScore: 53% of over 49M US homes with WiFi use at least one OTT video service, with Netflix reaching 75% of those homes, YouTube reaching 53% and Amazon 33% — According to new data from comScore released this morning, more than half (53 percent) of Wi-Fi households in the U.S. are now using … | Business Insider: |
Sources: Magic Leap last spring quietly acquired game studio FuzzyCube Software, which had fewer than ten employees — Magic Leap is beefing up its ranks with artists and animators from an Oscar-winning studio and veteran game designer, in a sign that the $4.5 billion company believes content …
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| Dan Goodin / Ars Technica: |
| Bart Jansen / USA Today: |
| Aaron Pressman / Fortune: |
| Mary Jo Foley / ZDNet: |
| Nate Lanxon / Bloomberg: |