Qualcomm Taps a Motorola Veteran to Steady Its Mobile Business
Qualcomm has named Sergio Buniac to run its mobile business, putting a veteran of Motorola in charge of the division that supplies processors to the world’s largest phone makers. The…
SpaceX Shares Slide as Second Lockup Release Adds to Selling Pressure
SpaceX’s stock fell 5.6 percent on Wednesday as the company’s second lockup period expired, freeing about 319 million shares for trading, according to data compiled by this publication. The decline…
Zuckerberg Takes the Stand in Meta Teen-Safety Trial
Mark Zuckerberg walked into a federal courtroom in California on Aug. 20 to answer for design decisions made over the past decade, as former executives testified that he pushed growth…
Intel Moves Next PC Chip to TSMC’s 2-Nanometer Process
The next generation of Intel’s PC processors will be built by the same company that makes chips for Apple, Nvidia and Qualcomm, a concession that reshapes the balance of the…
SK Hynix to Pay 60% of Bonuses in Stock
SK Hynix employees are about to become shareholders, whether they planned to or not, in one of the clearest signs yet that South Korea’s chip giants are adopting the capital…
Microsoft Stops Offering VMware Licensing on Azure
For years, enterprises ran their virtual machines on VMware inside Microsoft’s cloud, a pairing that seemed permanent. Microsoft has now ended it, and the migration is on. Microsoft will no…
SpaceX Hauls Starship Prototype Home After 24-Day Sea Recovery
The recovery vessel worked for 24 days to bring the Starship back to port, fighting heavy seas the whole way. SpaceX called the operation routine. Nothing about it was. SpaceX…
Billionaires’ Exodus Tests California’s Wealth-Tax Gambit
The spreadsheet makes the rounds among California wealth managers with urgency and a touch of gallows humor. One column lists clients who have already filed change-of-residence paperwork for Nevada, Texas…
Apple Reshapes EU App Store Fees in Bid to End Regulators’ Grip
Apple said Tuesday it will simplify the commission structure of its European App Store and relax restrictions on alternative app stores, the company’s most sweeping concession yet to the European…
States Open Trial Against Meta With Four Words: Hook, Hold, Harvest, Hide
The prosecutor stood before the federal jury and reduced Meta’s product strategy to four words: hook, hold, harvest and hide. The trial that began Wednesday in federal court is the…
