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Qualcomm Broadcom takeover news

Massive Qualcomm takeover is on hold after US government intervention

March 5th, 2018

Qualcomm has pushed back a shareholder meeting that would have determined the fate of a takeover attempt by Broadcom, following a request by the Committee on Foreign Investment in the United States (CFIUS). The committee is worried about the national security implications of Broadcom, a Singapore-based company, taking over the US-based Qualcomm, which provides the bulk …

Galaxy S9 vs iPhone X OLED screen sales

The iPhone X’s lackluster sales are bad news for Samsung

March 1st, 2018

Given that Samsung and Apple have been locked in a fight to the death over the high-end smartphone market for the last decade, you’d think that iPhone X sales coming in below expectations would have the champagne bottles popping in Seoul. But unfortunately for Samsung, the profitability of its OLED manufacturing plant relies on healthy …

Spotify IPO

Spotify files for $1 billion IPO

February 28th, 2018

After months of anticipation, Spotify is finally going public. Earlier this afternoon, the music-streaming giant completed the requisite paperwork with the SEC and will file for an IPO for an estimated $1 billion. Spotify will soon be listed under the ticker symbol SPOT on the New York Stock Exchange.