Apple to buy part of supplier Dialog's business in $600 million deal
10/11/2018, 6:50:00 AMApple Inc has agreed to buy a portion of chip supplier Dialog Semiconductor Plc&... ✔ REUTERS/Michaela Rehle Dialog said in a statement it would continue to deliver chips to other customers, focusing on the automotive and internet-of-things markets, among others ✔ This transaction reaffirms our long-standing relationship with Apple, and demonstrates the value of the strong business and technologies we have built at Dialog, Dialog CEO Jalal Bagherli said in the statement ✔ Our Standards:The Thomson Reuters Trust Principles
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Microsoft has killed Minecraft for Apple TV
10/11/2018, 4:19:44 AMNot even Minecraft can get people to play games on Apple’s streaming box ✔ Refunds will be issued for any purchases made up to 90 days before the announcement comes into effect ✔ The company backtracked the following year, but the damage was done ✔ But even that game is yet to see release, and it’s clear that Apple’s focus is elsewhere
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Apple buys part of chipmaker Dialog for $300 million
10/11/2018, 6:49:13 AMThis is Apple’s biggest acquisition ever in terms of new headcount. ✔ The deal includes $300 million in cash to license some of Dialog’s power management technologies, acquihire 300 engineers, and take control of some assets ✔ As TechCrunch notes, this is Apple’s biggest acquisition ever when it comes to headcount ✔ Our relationship with Dialog goes all the way back to the early iPhones, and we look forward to continuing this long-standing relationship with them
Apple bought real-time video editing startup to boost its AR push
10/11/2018, 3:56:48 AMDanish company Spektral erases backgrounds from video, and now Apple owns it. ✔ The purchase remained quiet until Danish newspaper Børsen broke the news today ✔ Fortune notes that the deal closed in December 2017 for a cool $30 million ✔ Spektral takes what was once a painstaking editing process and reduces the heavy lifting to a simple command
Apple’s original TV shows and films could be free-to-watch for iOS device owners
10/11/2018, 12:07:30 AMFree PG-rated shows and movies incoming ✔ While Apple may be doing everything it can to compete with Netflix and Amazon Prime Video, CEO Tim Cook is reportedly only keen funding PG-rated shows and films for the in-development service ✔ It’s currently speculated that the new TV service and accompanying app could debut around March next year
Apple is paying $300M in cash to buy a part of Dialog Semiconductor and expand its chipmaking in Europe
10/11/2018, 5:45:49 AMApple has quietly been putting considerable effort into building faster and more efficient chips that can help differentiate its hardware from the rest of the consumer electronics pack, and today it’s taking its next (and possibly biggest) step in that strategy: the company is paying $300 mil… ✔ Apple has quietly been putting considerable effort into building faster and more efficient chips that can help differentiate its hardware from the rest of the consumer electronics pack, and today it’s taking its next (and possibly biggest) step in that strategy: the company is paying $300 million in cash to purchase a portion of Dialog Semiconductor, a chipmaker based out of Europe that it has been working with since the first iPhone ✔ Our relationship with Dialog goes all the way back to the early iPhones, and we look forward to continuing this long-standing relationship with them
Asia tech stocks slide as global sell-off gathers steam
10/11/2018, 4:20:50 AMundefined ✔ Technology stocks tumbled in Asia on Thursday as a global equities sell-off gathered pace ✔ DBS Bank chief investment officer Hou Wey Fook said the US sell-off appeared to be more technically driven with profit taking especially in technology shares on the back of their strong gains for the year
Dialog Semiconductor signs $600 million licensing deal with Apple
10/11/2018, 6:20:56 AMDialog Semiconductor has struck a $600 million deal with Apple to license its power management technologies and transfer some of its assets and 300 R&D staff to the U.S. technology firm. ✔ David Paul Morris | Bloomberg | Getty Images Tim Cook, chief executive officer of Apple Inc., speaks during an event at the Steve Jobs Theater in Cupertino, California, U.S., on Wednesday, Sept ✔ The Anglo-German chip developer said on Thursday Apple would pay it $300 million in cash for the transaction and prepay a further $300 million for products to be delivered to Apple over the next three years
Apple streaming-TV service to be free for device users: report
10/11/2018, 3:55:25 AMundefined ✔ The tech giant is expected to spend around $1 billion this year to create shows for its still unnamed service, and has production deals with big Hollywood names such as Steven Spielberg, Jennifer Aniston and Reese Witherspoon ✔ Apple has about 24 series in development, which will be largely PG-rated, without excessive sex or violence, and intended to appeal to a wide audience, last month
Revamped Razer Phone 2 goes after mobile gamers and movie lovers
10/11/2018, 4:15:59 AMAfter already establishing a large gaming fan base, Razer is back to try and establish itself in the smartphone space with its Razer Phone 2. ✔ Under the hood is a Qualcomm Snapdragon 845 processor with 8GB of RAM, 64GB of storage, wireless charging and support for the latest LTE networks ✔ To call the company's fan base, currently at over 8.5 million followers on Facebook and over 3.17 million on Twitter, passionate is a bit of an understatement ✔ Follow Eli Blumenthal on Twitter @eliblumenthal
China's Alipay says stolen Apple IDs behind thefts of users' money
10/11/2018, 7:34:31 AMAnt Financial's Alipay, the operator of one of China's top two mobile ... ✔ The potential breach underscores the security challenges facing China’s huge mobile payments market, where WeChat and Alipay services have become ubiquitous in daily life ✔ It also highlights the pitfalls facing tech firms in China, where smartphone scams and personal data breaches are more common than other markets ✔ Our Standards:The Thomson Reuters Trust Principles
Markets Tumble Across Asia, Led by Tech, as Growth Worries Dominate
10/11/2018, 2:58:29 AMA sharp selloff in U.S. stocks spilled over into Asian markets, as investors refocused on slowing global growth, rising bond yields and increasing trade tensions. ✔ The NYSE FANG+ Indexwhich tracks 10 global heavyweights including U.S. and Chinese tech giantsfell 5.6% on Wednesday, its second-worst decline on record ✔ In 2015 and 2016 when the currency weakened sharply, the depreciation sparked capital outflows from China, an outcome that Beijing is eager to avoid this time around
Asian tech stocks slide on Wall Street rout
10/11/2018, 5:28:45 AMSouth Korea, Hong Kong stocks post new 2018 low, while Tokyo stocks fall 4% ✔ Singapore's Straits Times Index and India's SENSEX index were both down more than 2% ✔ We continue to see many opportunities in China and selectively in ASEAN -- quality companies that are exposed to the domestic economy and consumption, insurance and health care ✔ Kim Jaewon, Nikkei staff writer contributed to this story
China, Aiming to Borrow as Cheaply as Apple and Microsoft, Launches U.S. Dollar Debt Offering
10/11/2018, 4:30:50 AMChina has launched a multibillion-dollar bond offering to investors outside the country, seeking to borrow money as cheaply as some of America’s strongest companies at a time of heightened tensions with its largest trading partner. ✔ Bankers and analysts said China is hoping to replicate the success of last year’s dollar-bond sale, which drew orders exceeding $20 billion for the $2 billion in securities offered to investors all over the world ✔ and Standard Chartered PLC, along with Bank of China Ltd
Huawei mounts AI offensive despite security headwinds
10/11/2018, 3:24:13 AMChinese group debuts fast chips for servers amid international bans ✔ Huawei has an edge in technology, and it would also get great support from the Chinese government, said Liu Chia-hao, an analyst at Taipei-based research company TrendForce ✔ The company spent 89.7 billion yuan ($13 billion) on R&D in 2017, accounting for nearly 15% of its total revenue of $92.5 billion
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