Summary List Placement On Monday, major chip manufacturer Qualcomm introduced an updated laptop processor, the Snapdragon 7c Gen2. This is an update to one of two systems-on-a-chip (SoCs) that the company introduced last year that's specifically designed to power entry-level laptops and Chromebooks. Apple's Silicon M1 has set the standard by which all other laptops are measured, but PC makers aren't giving up. In fact, I think you can argue that this update could be one of the most important steps in giving manufacturers what they need to compete at the entry level by establishing that you do ..read more

Summary List Placement The tech industry is usually synonymous with change and innovation, but the past two years have been particularly significant. We began seeing the first smartphones with foldable screens hit the market, next-generation 5G networks reached the masses, and wearable devices have made great advancements when it comes to monitoring our health. The COVID-19 pandemic also underscored our reliance on technology for everything from working to socializing and staying in shape. Insider recently hosted a virtual webinar to discuss these changes and what they could mean for the criti ..read more

Summary List Placement Remote work is here to stay, and company leaders at tech powerhouses Qualcomm and Lenovo threw their support behind it in a virtual panel on Tuesday. Insider's Senior Tech Correspondent Lisa Eadicicco led a panel about the future of mobile devices with Qualcomm's Mobile, Compute, and Infrastructure senior vice president, Alex Katouzian, Lenovo's commercial and portfolio lead, Tom Butler, and Harpreet Rai, the CEO of smart ring company Oura  The conversation eventually came to how technology will aid in the shift to remote work. Connectivity and smart technology are ..read more

Summary List Placement Numerous corporations helped bankroll President Joe Biden's made-for-TV inauguration celebrations, together contributing well into the eight-figures to fund the festivities, according to new disclosure documents filed with federal regulators. Many of these corporations spend tens of millions of dollars annually to lobby and otherwise influence the federal government, including Congress and the White House. And some also are government contractors who stand to make millions — even billions — of dollars off the deals they strike with the Biden administration. Several comp ..read more

Summary List Placement The past two years have signaled a period of change for the mobile tech industry. We saw the first phones with foldable screens hit the market, 5G is finally here, and wearable devices have made incredible progress in gathering more advanced health data. The COVID-19 pandemic has also underscored our reliance on technology for everything from work to socializing and staying in shape. Although many of these innovations were in place before the pandemic, these shifts feel even more relevant in the wake of COVID-19. Laptops, for example, are changing to fit a world in whic ..read more

Summary List Placement Qualcomm is hardly an obscure name in the technology industry, but its automotive ambitions have for over a decade been something of a secret. That's changing as cars become more like rolling computers, but Qualcomm remains a force behind the scenes. The San Diego-based company is legendary for its telecommunications and semiconductors business, but it has also supported a stand-alone automotive practice for seven years and has a history with transportation that goes back almost two decades. "It was working with General Motors on OnStar that got us into the space," said ..read more

Summary List Placement Globalstar extended its two-day surge to 142% at intraday highs on Wednesday before paring gains. The jump came after the company said Qualcomm will use its Band n53 technology in a new 5G modem called the X65. Globalstar is a satellite communications company that focuses on IoT (Internet of Things) solutions for customers in 120 countries around the world. The company's new constellation of Low Earth Orbit (LEO) satellites and second-generation ground infrastructure that includes 24 ground stations helped it secure the Qualcomm deal. "Qualcomm's support of Band n53 rep ..read more

Summary List Placement Shares of Qualcomm fell as much as 8% Thursday after the company announced sales that were slightly lower than analysts' estimates for its fiscal first quarter. Qualcomm, the world's largest smartphone chipmaker, reported sales that were up by 63% to $8.24 billion year-on-year. Adjusted revenue was slightly lower than consensus at $8.23 billion versus the expected $8.27 billion. Adjusted earnings grew 199% to $2.17 per share versus Wall Street's estimate of $2.10 If not for a worldwide semiconductor shortage, newly appointed company president Christian Amon said re ..read more

Summary List Placement Amazon's CEO Jeff Bezos is one of more than a dozen CEOs to announce plans to step down as chief executive from major companies like MGM, IBM, Ford, and Qualcomm over the last year. This continues a trend seen in 2019 when 1,640 CEOs left their posts — the most CEO departures on record. Just last month, Qualcomm CEO Steve Mollenkopf announced he was retiring after 26 years at the helm of the computer chip making giant. Since the onset of the pandemic there has been a major shakeup in Fortune 500 companies. A slew of CEOs stepped down in January and February of 2020 befo ..read more

Summary List Placement Qualcomm Technologies has announced it will acquire Nuvia, a two-year-old chip startup company established by former Apple executives, for $1.4 billion. The California-based chipmaker said Wednesday it plans to use Nuvia's technology in its flagship smartphones, next-generation laptops, auto components and other electronics gear.   The acquisition agreement comes as Qualcomm doubles-down on chip performance and consumer demand grows for more powerful mobile computing with the rollout of the faster and more reliable 5G wireless networks.  Read more: What i ..read more