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Huawei, Samsung’s new 5G chips a threat to Qualcomm

Vodafone presents 5g network in germany

Bloomberg Samsung Electronics Co and Huawei Technologies Co took turns announcing new mobile processors at the IFA technology show in Berlin, and the big thing the new chips have in common is an integrated 5G modem. In a market dominated by US rival Qualcomm Inc, the world’s two biggest smartphone manufacturers asserted a lead in delivering one of the keys ...

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Nissan ousts CEO over pay scandal as turmoil deepens

2nd lead hiroto saikawa copy

Bloomberg Less than a year since the dramatic downfall of Carlos Ghosn, Nissan Motor Co is losing another leader. Chief Executive Officer Hiroto Saikawa was asked by the board to step down by September 16. He’ll be replaced by Chief Operating Officer Yasuhiro Yamauchi until a permanent replacement is named by the end of October. With Saikawa felled by a ...

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Peter Thiel firm invests $45mn in India startup

Bloomberg Peter Thiel’s venture capital firm is investing $45 million into Glance, an Indian technology startup that uses artificial intelligence to personalise content for smartphones. Mithril Capital, co-founded by Silicon Valley investors Thiel and Ajay Royan, is putting in the money as part of a larger financing round, according to a statement. Glance is part of InMobi Group, a mobile ...

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