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An effective tech CEO does not need computer programming expertise, said former Google CEO Eric Schmidt in a new interview.
Hours after Qualcomm and Intel reached a deal around 5G chips, Intel decided to back away from its own wireless chip business. The step foreshadows a more disciplined approach from Intel.
Some investors believe that the streaming service could become the Netflix of audio. But Apple, Amazon, and the record labels stand in the way.
The latest earnings announcement Xylem Inc. (NYSE:XYL) released in December 2018 suggested that the company experienced a strong tailwind, leading...
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)HBO EuropeAT&T (T) said this month that it’s not planning to sell its HBO business in Europe, contrary to media reports. The Financial Times reported that
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Qualcomm rise after settling a dispute with Apple Qualcomm (QCOM) stock has gained 38.3% and added $30 billion to its market value since it resolved its legal
How Verizon and AT&T Are Battling It Out This Month(Continued from Prior Part)AT&T received $1.4 billion from the sale of its Hulu stake AT&T (T) netted more than $1.4 billion from the sale of its stake in video streaming provider Hulu.
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Apple’s concerns with Qualcomm Qualcomm (QCOM) was a major supplier of chips to Apple’s (AAPL) smartphones until the release of the iPhone 7 in September 2016.
BAML Survey: How Are Global Fund Managers Positioned?(Continued from Prior Part)Biggest tail risk In Bank of America Merrill Lynch’s April 2019 survey, the slowdown in China and the trade war tied for the biggest tail risk according to the
There cannot be many chief executives who have faced as many crises as Steve Mollenkopf in his five years as chief executive of US mobile communications technology company Qualcomm. There was the campaign from an activist investor (Jana Partners) to break up the company, and the antitrust challenge that threatened to dry up revenue from Qualcomm’s largest market (China). It is almost an understatement when Tom Horton, who has just stepped down from Qualcomm’s board after 10 years as the company’s lead independent director, calls it “a pretty tumultuous time”.
Wall Street’s top six banks posted a decidedly mixed set of results for the first quarter, with retail banks generally triumphing over their more capital markets focused rivals and dealmakers having a better time of it than traders. Investor reaction was most decisive against Goldman Sachs. Analysts attributed the fall to Goldman’s decision to defer a much-anticipated strategic update until early next year.
Qualcomm Surges on Apple Settlement and Intel's 5G Chip Exit(Continued from Prior Part)Intel’s exit from the 5G phone business On April 16, Intel (INTC) announced that it is planning to exit the 5G smartphone modem market, as it wants to put its
The Latest on PINS, AAPL, IBM, and NFLX(Continued from Prior Part)Uber Eats now has Apple Pay support in nearly 20 marketsRide-hailing giant Uber has announced that it has added Apple Pay support to its food delivery service, Uber Eats, as well in
The Latest on PINS, AAPL, IBM, and NFLX(Continued from Prior Part)IBM’s revenue fell for the third straight quarterIBM’s (IBM) stock was down over 4% on Wednesday, April 17, after it reported another disappointing set of numbers for the most