Business
Qualcomm to lay off 1,500 workers to cut down expenses
Today, Qualcomm will start the process of laying off around 1,500 workers in California. According to Bloomberg, the move is part of Qualcomm's promise to its investors that…
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President Trump says Broadcom must pull out of attempt to buy Qualcomm
President Donald Trump said said that Broadcom must cease its attempt to take over Qualcomm due to national security concerns raised by the deal, per The Wall Street Journal.…
Business
Both Qualcomm and Broadcom are making moves to help push the possible merger
Qualcomm and Broadcom, the world's two largest chip markers, have been in talks for a possible merger of their businesses. Legal hurdles have been in the way the…
Business
U.S. Government has intervened in Broadcom’s bid to takeover Qualcomm
The U.S. government has come in and intervened in what could potentially be the technology industry's biggest potential takeover, the Wall Street Journal reports. They've requested that a…