In a $47 billion deal, Qualcomm, the renowned American multinational semiconductor and telecommunications equipment company, has announced today that it is acquiring Dutch global semiconductor manufacturer NXP Semiconductor, co-inventors of NFC technology.
Apple is going to introduce a TV guide for the Apple TV during its Mac event today. The guide will help people search for content and find shows/movies across a range of apps. It'll feature multiple services, yet Recode reports it doesn't include Netflix.
For the first time in a couple years, Tesla has posted a quarterly profit. During Q3, the company saw $21.9 million in profit and revenue of $2.3 billion, which is up 145% over the same quarter in 2015. The Model S in particular had a 59% increase in sales relative to Q3 2015.
Vessel, a video platform that lets people view their favorite creators early, is being acquired by Verizon. The service's underlying technology is all Verizon cares about, however, meaning Vessel will be gone once the deal is complete. The transaction will close soon.
There will come a time when autonomous vehicles and user-to-user car sharing are widespread enough for services like Uber to be unnecessary, at least according to Tesla CEO Elon Musk. During an earnings call, Musk was asked about the previously mentioned Tesla Network.
Microsoft's much-improved Paint 3D app was unveiled yesterday for Windows 10 and it's already available for download and testing. As long as you're a Windows Insider who has already installed the Windows 10 Creators Update, you can get the app from the Windows Store.
Samsung posted reduced profits and revenue on account of the Galaxy Note 7 debacle, still achieving $4.7 billion in operating profit for Q3 2016. The firm's IT and Mobile Communications division saw sales drop 15% year-over-year, with profits falling by a staggering 95%.
Twitter is no longer counting media attachments against its tweet character limit and now it may also be relaxing the limit on replies. Some mobile users report usernames are no longer counting against their limit, allowing them to type more in response to other users.
Samsung's share of the smartphone market has fallen to its lowest point in close to two years. A report from IDC reveals its global share fell to 20% during the third quarter, which is the closest it has come to Q4 2014's 19.9% in the past couple years.
Pocket is one of the top "read it later" services and now it's nudging its way into content discovery. Through the service's new "Explore" page, Pocket will recommend relevant content from around the web. You can use it to find articles on pretty much any topic.
Rumors have stated Lenovo intends to acquire Fujitsu's PC business and now a deal between them has been confirmed, though the details have yet to become public. Fujitsu says it's exploring a "strategic cooperation" related to personal computers with Lenovo.
LG's modular G5 smartphone wasn't the success it needed to be in order for LG Mobile to avoid a significant loss during Q3. The company's financial report reveals "weak sales of the G5," which contributed to an overall loss of $381 million in the mobile division.
As part of its move to become profitable by 2017, Twitter will cut 9% of its workforce (around 350 jobs). The company has confirmed it's going through a refocusing phase. Most of the job cuts are directed at Twitter's less-necessary marketing and sales division.
There will be a billion unique mobile subscribers in India within the next few years, according to a report from GSMA, a mobile trade association. It currently has 616 million subscribers (as of June 2016) and has a little over three years to reach the forecast.
Lifestage, an app created by Facebook exclusively for young people, is now on Android. The app has a hard age limit of 21 and is built around photos and Q&A-type content, with users answering questions and listing their likes/dislikes. Lifestage has yet to take off.