Techmeme
July 15, 2019, 11:50 AM

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Dan Strumpf / Wall Street Journal:
Sources: Huawei plans hundreds of layoffs at Futurewei Technologies, its US R&D subsidiary, which employs about 850 people in research labs across the US  —  Cuts are expected to affect workers at U.S.-based R&D subsidiary Futurewei Technologies  —  Huawei Technologies Co …
Jon Fingas / Engadget:
Qualcomm unveils Snapdragon 855 Plus, which runs the CPU at up to 2.96GHz instead of the earlier 2.84GHz and also delivers a 15% graphics speed boost  —  Qualcomm is shaking up its once-a-year approach to updating its flagship mobile processor, and it could be good news for Android phone fans who crave raw performance.
Keiko Morris / Wall Street Journal:
Despite Amazon's NYC HQ2 retreat, tech giants like Google, Facebook, and even Amazon still seek to rent millions of square feet and employ thousands in New York  —  Facebook, Google, Uber and Amazon embrace Manhattan as an East Coast hub  —  Big technology companies are doubling …
Natasha Lomas / TechCrunch:
Cambridge, UK-based Paragraf, which manufactures graphene-based electronic products, raises £12.8M Series A led by early-stage VC Parkwalk  —  Cambridge, UK based graphene startup, Paragraf, has closed a £12.8 million (~$16M) Series A round of funding led by early stage VC Parkwalk.
More: Tech.eu and FinSMEs
Thomas Franck / CNBC:
Sources: Symantec and Broadcom have ceased acquisition negotiations as Symantec would not accept less than $28 a share; Symantec shares are down 13%+  —  KEY POINTS  —  Symantec and Broadcom cease deal negotiations, sources say  —  Symantec and Broadcom have ceased deal negotiations, sources tell CNBC's David Faber.
More: Reuters and Bloomberg
Kyle Wiggers / VentureBeat:
DefenseStorm, a cybersecurity and compliance management startup focused on clients in banking and financial services, raises $15M Series A  —  Georgia-based cybersecurity and compliance management startup DefenseStorm today revealed that it has closed a $15 million series A round led by Georgian Partners.
More: FinSMEs

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