Techmeme

Results 1 - 10 of about 89:

Bloomberg:
Sources: Qualcomm is cutting ~1,500 jobs, mostly in California, in an effort to cut costs by $1B; the company employs 34K people globally   —  Company to reduce California workforce by about 1,500  —  Management acting in response to shareholder pressure  —  Qualcomm Inc. has begun cutting …
Apr 19, 2018, 10:35 AMIn context
Bloomberg:
Facebook is building a team to design its own AI chips, according to job listings and sources, joining a trend among tech giants to lower reliance on chipmakers   —  Social network could use semiconductors for consumer devices  —  Move follows Apple's chip efforts, early work by Google
Apr 19, 2018, 1:00 AMIn context
Bloomberg:
Sources: Apple is planning to use its own processors in Macs from 2020, replacing Intel; Intel stock closed down 6.07% yesterday   —  Apple is planning to use its own chips in Mac computers beginning as early as 2020, replacing processors from Intel, according to people familiar with the plans …
Apr 2, 2018, 1:54 PMIn context
Bloomberg:
Sources say Broadcom will formally abandon its attempt to acquire Qualcomm in an announcement on Wednesday   —  Broadcom Ltd. will formally abandon its attempt to acquire rival chipmaker Qualcomm Inc. after U.S. President Donald Trump blocked the deal citing national security risks, according to people familiar with its plans.
Mar 13, 2018, 9:55 PMIn context
Bloomberg:
Source: Uber has burned $10.7B total so far, making its losses worse than tech giants when they had same market cap; revenue lags firms with similar market cap   —  Uber is a financial oddity.  Can it mutate into a sustainable business?  —  What makes Uber Technologies Inc …
Mar 6, 2018, 1:40 PMIn context
Bloomberg:
Sources: Intel plans to sell a majority stake in its AR business, seeking as much as $350M, which has been working on smart glasses for smartphones   —  Smart specs will allow users to see contextual information  —  Division valued at as much as $350 million; Intel keeps stake
Feb 1, 2018, 3:55 PMIn context
Bloomberg:
Court sanctions Apple over failure to produce documents in FTC's lawsuit against Qualcomm, orders fine of $25K/day starting Dec. 16 until it turns over the docs   —  A judge granted sanctions against Apple Inc. for dragging its feet in turning over documents in the Federal Trade Commission's …
Dec 22, 2017, 4:35 PMIn context
Bloomberg:
Cisco to buy telecommunications software company BroadSoft for ~$1.9B to expand further into software and cloud services   —  Cisco Systems Inc. agreed to buy BroadSoft Inc. for about $1.9 billion to expand further into software and cloud services.  —  Cisco will pay $55 a share in cash …
Oct 23, 2017, 8:30 AMIn context
Ian King / Bloomberg:
Qualcomm files patent lawsuit against Apple in China seeking to ban the sale and manufacture of iPhones   —  Chipmaker files patent suit against its customer in China  —  Suit will seek ban of sale, manufacturing of offending devices  —  Qualcomm Inc. filed lawsuits in China seeking to ban …
Oct 13, 2017, 1:15 PMIn context
Bloomberg:
Inside Apple and Qualcomm's billion dollar patent war, during which Apple stopped paying $2B a year in royalties to Qualcomm   —  IPhone season, that extravaganza of novelty and surprise, began in mid-September with a two-hour-long presentation at Apple Inc.'s brand-new, spaceshiplike campus.
Oct 5, 2017, 7:05 AMIn context

Sponsor Posts

Microsoft:
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