Broadcom
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Broadcom sales would see $2 billion knocked off thanks to US-China trade war
•Broadcom is known for communications chips that power Wi-Fi, Bluetooth and GPS connectivity.
Intel and Qualcomm join Google in cutting off ties with Huawei following Trump ban
Tech2 News Staff •This ban could prevent the quicker rollout of 5G networks in China as Huawei is heavily dependent on US semiconductor products.
IBM to acquire software company Red Hat for $34 bn, making this its biggest buy
•IBM said Red Hat would continue to be led by CEO Jim Whitehurst and Red Hat’s current management.
Broadcom obtains antitrust clearance from the EU for its $19-billion deal
•Broadcom Inc had earlier announced an $18.9 billion deal to buy US business software company CA Inc.
Qualcomm investors drop bid for $44 billion NXP deal due by China-US trade tensions
•Broadcom announces a $18.9 billion deal to buy US software company CA
•Broadcom Chief Financial Officer Tom Krause defended the deal’s rationale in an interview
Qualcomm extends tender offer for its proposed $44 billion NXP takeover
•If the deal goes through Qualcomm will become the leading supplier of chips to smartphone makers.
Right or Left? Home or away? The time has come for India to talk double-edged tech nationalism
Narayanan Madhavan •Can a nation of one billion people build a global tech giant even as new frontiers of technology arrive?
Qualcomm has cut 1,500 jobs in its California facilities in order to save costs
Ians •Workers were told of the layoffs on Wednesday. A company spokesperson was quoted as saying that this move, a reduction of full-time and temporary workforce, is a part of the cost reduction plan announced in January
Qualcomm begins cutting jobs as part of its promise to cut annual costs by $1 billion
•Qualcomm had employed about 33,800 full-time, part-time and temporary employees, as of 24 September.