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01 Apr, 2020
SoftBank Vision Fund to Invest $1B into Face Recognition SenseTime
SoftBank’s Vision Fund is looking to invest almost USD 1 Billion in China-based SenseTime Group for a stake in the world’s most valuable artificial intelligence startup, according to people familiar with the matter. The two companies are..
Qualcomm-NXP $43 Billion Deal Approved by Chinese Regulators
QUALCOMM, Inc. (NASDAQ: QCOM) acquisition of NXP Semiconductors NV for $43 billion has been approved by Chinese regulators. The approval, which has been pending for 18 months, removes the final obstacle to the purchase. The decision will allow the t..
Qualcomm Doesn't Plan to Leave Data Center Market
QUALCOMM, Inc. (NASDAQ: QCOM) doesn’t plan to abandon its efforts to create processors for data centers according to the company’s president Cristiano Amon. Qualcomm released chips using technology from Softbank Group Corp’s A..
Escalating Trade Tensions Leads China to Threaten with New Tariffs
China warned on Friday that it would fight back “at any cost” with countermeasures in response to the U.S.’s tariffs, after President Donald Trump threatened to increase tariffs on Chinese goods by an additional $100 billion.&ldquo..
Former Qualcomm Chairman Looking for Funds to Buyout
Former Qualcomm Inc. (NASDAQ: QCOM) chairman, Paul Jacobs is interested in taking the chipmaker private, potentially making it the largest buyout in history, CNBC, citing sources familiar with the matter.Jacobs informed the board of his plans and ap..
Apple Possibly Dropping Qualcomm Components
Apple Inc. (NASDAQ: AAPL) announced plans to possibly drop chips for iPhones and iPads supplied by Qualcomm Inc. that might take in effect in fall of 2018. This plan followed a change in supply arrangements where QUALCOMM, Inc.(NASDAQ: QCOM) ha..
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