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Qualcomm settles antitrust case in Taiwan

Qualcomm may have lost its long-winded deal to buy NXP on account of China and it continues to battle lawsuits worldwide, but the company does have a dose of good news out of Asia today after it settled an antitrust investigation in Taiwan. The U.S. chip firm was hit with a record $773 ...

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Twilio came ahead of expectations and the stock is going nuts

Twilio today reported a positive quarter that brought it to profitability — on an adjusted basis — ahead of schedule for Wall Street, sending the stock soaring 16 percent in extended hours after the release came out. While according to traditional accounting principles Twilio still lost money (this usually includes ...

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July sets a record for number of $100M+ venture capital rounds

In July 2018, the tech sector’s leisure class — venture capitalists — kicked investments into overdrive, at least when it comes to financing supergiant venture rounds of $100 million or more (in native or as-converted USD values). With 55 deals accounting for just over $15 billion at time of writing, July likely ...

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India may become next restricted market for U.S. cloud providers

Data sovereignty is on the rise across the world. Laws and regulations increasingly require that citizen data be stored in local data centers, and often restricts movement of that data outside of a country’s borders. The European Union’s GDPR policy is one example, although it’s relatively porous. China’s relatively new ...

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Facebook Dating will be a feature, not an app; here’s a peek

Facebook Dating doesn’t plan to launch a standalone dating app, which should temper expectations about how deeply it’s diving into Tinder and Match Group’s territory. The feature will be based inside Facebook’s main app, alongside its many other utilities buried beyond the home screen. It’s not ready for the public ...

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