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 …
While the United States and Canada are two very different countries with a raft of different problems, they do share one common enemy: internet service providers. Both wireless and home internet are expensive and uncompetitive in Canada, so Americans can learn some important lessons about how ISPs operate by looking north of the border. Canadian …
The pay TV industry is in the midst of a huge change. Half a million pay TV customers cancelled their contracts in the last three months of 2017 alone, analysts at MoffettNathanson Research calculated this week. That makes a drop of 3.4% from the same period a year earlier, the biggest change since 2010. This …
Tesla has agreed to pay regulators a $139,500 fine relating to long-standing emissions problems from its factory in Fremont, California. The plant, which was formerly known as New United Motor Manufacturing, Inc. (NUMMI) and operated by GM and Toyota, was taken over by Tesla in 2010. The fines relate to “several pieces of malfunctioning equipment” which …
Uber and Lyft have significantly changed how people with money get around crowded cities. But they’ve also changed how people can earn a living giving other people rides, and not in a good way. A new study from MIT shows that the median income for Uber and Lyft drivers once costs are included is just …
As car companies come to terms with the reality of a world where they have to compete with Google and Uber, not just each other, they’re shoveling increasing amounts of money and people towards self-driving car research. Toyota has been quietly toiling away on self-driving projects of its own, and it has now created a …
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 …
Google has been on a very public mission to fix the reputation of its workplace, ever since engineer James Damore circulated a memo explaining why he believed women just weren’t as good as men at certain jobs. The company fired Damore and has been trying to limit the damage from the incident ever since, but …
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.
Bill Gates answered questions from the Reddit hive-mind in one of his periodic AMAs today, and as you’d expect from the internet today, the topic quickly turned to cryptocurrencies. While Bitcoin mania has overtaken casual gambling addicts and Ponzi schemes of late, established figures in technology and finance have been much more cautious. Although Gates …
