Qualcomm has trimmed 269 jobs from data center locations in California and North Carolina. Earlier this year, the company said its data center business was struggling. It cut more than 1,500 jobs in April. “Qualcomm conducted a small reduction of our full-time and temporary workforce in certain areas of the company,” said Qualcomm in a […]
Verizon Communications today said that about 10,400 employees have accepted a voluntary buyout offer and will leave the company at various stages over the next six months. Verizon says the workforce reduction, which impacts roughly 7% of employees, leaves the company better positioned for growth. It aligns with Verizon’s recently overhauled organizational structure as it […]
Qualcomm today said that a Chinese court has granted two preliminary injunctions against Apple subsidiaries. The ruling orders the subsidiaries to “immediately cease infringing upon two Qualcomm patents through the unlicensed importation, sale and offers for sale in China of the iPhone 6S, iPhone 6S Plus, iPhone 7, iPhone 7 Plus, iPhone 8, iPhone 8 Plus, […]
ZTE has fallen into the U.S. government’s gun sights once again, this time thanks to its involvement with Venezuela. Earlier this month, Reuters reported that ZTE supplied Venezuela’s state telecommunications firm with gear from Dell. The equipment helped Venezuela create a database that uses something called the “fatherland card” to track citizens’ behavior. Data collected by the […]
LG has announced leadership and organizational changes that it hopes will improve the fortunes of its mobile business unit, which has suffered losses perennially. The current head of LG’s Home Entertainment Company, Brian Kwon, will add the Mobile Communications Company to his plate. LG says Kwon helped transform its TV, audio, and PC businesses. The […]
T-Mobile is preparing to launch a mobile banking service called T-Mobile Money, which comes with benefits for the company’s wireless customers. T-Mobile Money is currently in an early pilot program. It will work like a traditional bank, and since it is backed by BankMobile, customers will even have access to ATMs. While T-Mobile Money aims […]
The Federal Trade Commission says it is investigating loot boxes, a controversial video game mechanic that can allow players to spend real money on randomized goods. During a hearing yesterday, FTC chairman Joseph Simons addressed New Hampshire Senator Maggie Hassan, who has recently spoken out about loot boxes. During her turn to ask questions at […]
General Motors announced today of plans to lay off 15 percent of its workers and shutter five plants in North America The 5 factories (3 assembly plants and 2 powertrain plants) are: Oshawa Assembly in Oshawa, Ontario, Canada. Detroit-Hamtramck Assembly in Detroit. Lordstown Assembly in Warren, Ohio. Baltimore Operations in White Marsh, Maryland. Warren Transmission […]
The U.S. government has contacted foreign allies and asked them to refrain from purchasing telecommunications gear from Huawei, according to the Wall Street Journal. The U.S. reached out to Germany, Italy, and Japan to warn them of what it perceives as security risks in equipment from the Chinese manufacturer. The countries contacted by the U.S. host […]
T-Mobile CFO J. Braxton Carter believes the company’s planned deal with Sprint could close during the first quarter of 2019. The proposed merger is still being weighed by the FCC and Department of Justice. “The only remaining thing that is happening is depositions with the DoJ, which have started and will be completed in a […]
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