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July 15, 2019, 11:25 AM
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| Dan Strumpf / Wall Street Journal: |
Sources: Huawei plans hundreds of layoffs at Futurewei Technologies, its US R&D subsidiary, which employs about 850 people in research labs across the US — Cuts are expected to affect workers at U.S.-based R&D subsidiary Futurewei Technologies — Huawei Technologies Co …
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Business Insider, 9to5Google, Reuters, TechSpot, Engadget, CNET, Telecoms.com, Gizchina, IT PRO, Neowin, SlashGear, SiliconANGLE, Pandaily, The Next Web, Android Central, TechNode, The Malaysian Reserve, The Verge, KrASIA, Phandroid, CNBC, New York Times, The Hill, and Gizmodo. Tweets: @jkylebass
| Jon Fingas / Engadget: |
Qualcomm unveils Snapdragon 855 Plus, which runs the CPU at up to 2.96GHz instead of the earlier 2.84GHz and also delivers a 15% graphics speed boost — Qualcomm is shaking up its once-a-year approach to updating its flagship mobile processor, and it could be good news for Android phone fans who crave raw performance.| Writankar Mukherjee / The Economic Times: |
Sources: as part of a new strategy to drive value in India instead of volume, Apple stopped selling the iPhone SE, 6, 6 Plus and 6s Plus in the country — Apple has stopped selling the ‘lower priced’ smartphones iPhone SE, 6, 6 Plus and 6s Plus in India. — Apple has taken four …
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AppleInsider, VentureBeat, iPhone in Canada Blog, iDownloadBlog.com, and Cult of Mac
| Paul Sullivan / New York Times: |
How a tax loophole lets tech workers and investors who obtained stock while a company was valued under $50M make millions on stock gains tax-free — When Kay Luo joined LinkedIn in 2006, she received a grant of shares with a value of 12 cents each. The company went public in 2011 at $45 a share.
Tweets: @nytimesbusiness, @dscheinm, and @kateconger
| Sara Ashley O'Brien / CNN: |
Uber releases its third annual global diversity report, ties some diversity goals for 2022 to the compensation of senior executives for the first time — New York (CNN Business)Uber's workforce may still be mostly white men, but the company says it is taking new measures to diversify its staff, especially managerial roles.| Keiko Morris / Wall Street Journal: |
Despite Amazon's NYC HQ2 retreat, tech giants like Google, Facebook, and even Amazon still seek to rent millions of square feet and employ thousands in New York — Facebook, Google, Uber and Amazon embrace Manhattan as an East Coast hub — Big technology companies are doubling …
Tweets: @mkink, @rakeshlobster, @profgalloway, @aoc, @lawrence, @gardmaf, @technyc, and @anandwrites
| Adam Walser / WFTS: |
Florida DMV earned $77M+ in fiscal 2017 from sales of driver and ID cardholder information to 30+ private companies, including data brokers like Acxiom — LAKELAND, Fla. — A local woman is blaming the state government for an onslaught of robocalls and direct mail offers … | Natasha Lomas / TechCrunch: |
Cambridge, UK-based Paragraf, which manufactures graphene-based electronic products, raises £12.8M Series A led by early-stage VC Parkwalk — Cambridge, UK based graphene startup, Paragraf, has closed a £12.8 million (~$16M) Series A round of funding led by early stage VC Parkwalk.| Thomas Franck / CNBC: |
Sources: Symantec and Broadcom have ceased acquisition negotiations as Symantec would not accept less than $28 a share; Symantec shares are down 13%+ — KEY POINTS — Symantec and Broadcom cease deal negotiations, sources say — Symantec and Broadcom have ceased deal negotiations, sources tell CNBC's David Faber.| Andrew Liptak / The Verge: |
Microsoft Word for Android has been installed over 1B times; Excel, PowerPoint, OneNote, and OneDrive each have 500M+ installs on Android, and Outlook has 100M+ — Other Microsoft Apps have hit 500 million installs — Microsoft recently hit a particularly notable milestone … | Joshua Franklin / Reuters: |
Sources: Vista Equity Partners raises $850M for a second fund focused on early-stage enterprise software companies — (Reuters) - U.S. private equity firm Vista Equity Partners has raised $850 million for a second fund dedicated to investing in early-stage enterprise software companies …
| Jordan Crook / TechCrunch: |
Anvyl, which sets up cameras and sensors in factories to let brands see their product being built and help optimize their supply chains, raises $9.3M Series A — Growing D2C brands face an interesting challenge. While they've eliminated much of the hassle of a physical storefront …
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PYMNTS.com and Redpoint Ventures
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