Apple’s recently-announced settlement with Qualcomm didn’t come cheap, according to UBS analyst Timothy Arcuri. In a research note released Thursday, Arcuri said the iPhone-maker likely paid between $5 and $6 billion to put a stop to the bevy of legal battles between the two companies.
Samsung handed out review units of its new $2,000 folding smartphone to journalists this week, and it doesn’t seem to be going very well. Multiple reviewers hit social media on Wednesday to say that their Galaxy Fold handsets are suffering from a debilitating display issue after just a few days of use.
Hot on the heels of the settlement news between Apple and Qualcomm, Intel has announced that it is exiting the 5G smartphone modem business. In a press release late Tuesday afternoon, the company said it sees “no clear path to profitability” in the space.
Apple and Qualcomm have reached a settlement in their ongoing royalty dispute. The two companies issued a press release Tuesday afternoon, stating that they will drop all litigation and enter a six-year licensing agreement, effective as of the beginning of this month.
Following Hulu, Directv NOW and other streaming services, YouTube TV announced today that it will be increasing its price to $50 per month, and $55 per month for customers billed through Apple. That’s a significant hike, considering the original YouTube TV plan cost just $35 per month.
Apple on Friday confirmed that it has officially canceled AirPower. In a statement to TechCrunch’s Matthew Panzarino, SVP of Hardware Engineering Dan Riccio said that after much effort, the company has decided to cancel the project.
Evidence has been discovered in the just-released iOS 12.2 software update that seems to confirm rumors of an impending launch of new wire-free Powerbeats. 9to5Mac’s Guilherme Rambo spotted images and animations hidden within the update that appear to be wire-free Powerbeats headphones, sitting in a black charging case.
Apple has acquired Laserlike, a small machine learning startup based in Silicon Valley. The Information reports that the buyout happened late last year, and the team has joined Apple’s new artificial intelligence group.
Apple will lay off 190 employees from its self-driving car division located in Santa Clara and Sunnyvale, California. The company acknowledged the move in a letter to the California Employment Development Department this month, and a spokesman confirmed it today with The San Francisco Chronicle.
Apple has agreed to purchase voice app startup Pullstring, according to a report from Axios. The San Francisco-based company was founded by a group of former Pixar executives in 2011 and its technology has been used in everything from interactive voice apps for toys, to Amazon Echo and Google Assistant products.