Apple will pay Qualcomm $4.5-billion to $4.7-billion to catch up on licensing fees accrued during a two-year legal battle between the companies settled last month.
Author: Agency Staff
Apple projected quarterly sales that topped analysts’ estimates, suggesting demand for iPhones has stabilised after a disappointing holiday period.
Eric Schmidt, the former CEO of Google and one of the largest stakeholders in parent company Alphabet, will step down from Alphabet’s board in June.
Vodafone Group has acknowledged that it found vulnerabilities going back years – and subsequently resolved – with equipment supplied by Huawei for the carrier’s Italian business.
Alphabet’s first-quarter revenue missed analysts’ estimates, sparking concern that advertisers are shifting some spending to digital rivals. Shares of Google’s parent company fell more than 7% following the results.
As the technology industry talks up 5G cellular networks, Cisco Systems says much of the promised revolution in connectivity will come from a more prosaic source: Wi-Fi.
Spotify has reached 100 million paid subscribers, a first for any music service, adding more customers in the latest quarter than analysts expected and boosting confidence the company has lots of room to grow.
For technology stocks, the superlatives are endless this year. But rather than take profits and run, investors are flooding the space.
Amazon.com spent $1.7 billion on video and music content during the first quarter of this year, the first time the technology and retail giant has itemised the growing cost of providing streaming services to consumers.
Uber Technologies is seeking to raise as much as $9-billion in an initial public offering that could give the ride-hailing giant a market valuation of as much as $84-billion.