IBM’s revenue falls again. IBM Corp. said its cloud business grew 10% with revenue reaching $19.5 billion for the past 12 months but that didn't stop the computing giant from posting its third consecutive quarter of declines, the WSJ reports.
Driving the decline. IBM’s software and technology services, which include computing infrastructure and IT support services.
Apple and Qualcomm agree to drop all litigation. On the day Apple Inc. and Qualcomm Inc. began a courtroom trial to settle their years-long legal dispute over chip royalties, the two companies agreed to dismiss all litigation, the WSJ reports. Financial terms of the agreement weren’t disclosed. In a press release, Apple and Qualcomm said they reached a six-year license agreement, effective from April 1, and added the settlement includes a payment from Apple to Qualcomm.
Intel to stop making modem chips for 5G smartphones. The decision by Intel Corp. removes a major rival to Qualcomm for a critical component in the new generation of mobile handsets, says the WSJ. Intel declined to comment on whether its announcement was related to news of the Apple-Qualcomm deal.
Microsoft turned down facial-recognition job. Microsoft Corp. President Brad Smith said Tuesday that the company turned down a request by a California law enforcement agency to install facial-recognition tech in vehicles and body cameras, Reuters reports. Mr. Smith has spoken previously about regulating the technology.
T-Mobile-Sprint deal runs into resistance. Justice Department antitrust enforcement staff have told T-Mobile US Inc. and Sprint Corp. that their planned merger is unlikely to be approved as currently structured, according to people familiar with the matter, casting doubt on the fate of the $26 billion deal. The WSJ has more.
The game goes on. Wireless operators have tried different combinations to shrink the number of national U.S. players from four providers down to three, but so far they have all been foiled. The Obama administration blocked AT&T Inc.’s 2011 bid for T-Mobile, saying the market was too concentrated.
Not true, says T-Mobile. T-Mobile Chief Executive John Legere responded to the Journal article in a tweet, saying “The premise of this story, as summarized in the first paragraph, is simply untrue.”
Pinterest and Zoom to test IPO market. Online image board Pinterest Inc., whose initial public offering has been one of the most widely anticipated in a banner 2019 for IPOs, will price its shares Wednesday evening, the WSJ reports. Zoom Video Communications Inc., a venture-backed cloud videoconferencing service beloved by many Silicon Valley executives, will also price its stock Wednesday.
Nokia, 1990s superstar, finds new opening with 5G. The WSJ reports that the Finland-based telecommunications company has emerged as the No. 2 player in next-generation 5G wireless systems, behind Huawei Technologies Co. It is doing so by playing both sides in the U.S. campaign against China's Huawei, says the WSJ. Its sales staff has cold-called wireless carriers in countries where the U.S. has stepped up its anti-China rhetoric, pushing its gear as an alternative. At the same time, Nokia is seeking to build its presence in China, largely through a joint venture with a state-owned Chinese enterprise.
AWS reaches for the stars. Chilean astronomers will use Amazon.com Inc.'s cloud to store and crunch stargazing data, part of the company's effort to woo Latin American businesses, Reuters reports.
A new type of ATM heist. Criminals in Northern Ireland are cracking bank ATMs the old-fashioned way, stealing nearby diggers to bust down walls and carry away cash machines. ZDNet reports that a similar method was employed in New York in 2013.
Google to pay Louisville, Ky. $3.4 million. The payment covers the removal of exposed fiber cables left by Google Fiber's unsuccessful attempt to wire the city for cheap broadband, Ars Technica reports.
Drones aided in Notre Dame fire fight. Paris firefighters used two commercial drones made by Chinese manufacturer DJI and outfitted with thermal cameras to track the spread of Monday's fire. A spokesperson for the department tells Libération that the drone images helped firefighters determine how to stop the fire before it reached the cathedral's two belfries.
When it comes to rebuilding efforts. A recent effort to use lasers to map the entire cathedral resulted in one billion points of data, National Geographic reported back in 2015.
Bed bugs haunt Apple store. And not just any Apple Store, but the tourist haunt on Manhattan's Fifth Avenue. The New York Post reports that a bed bug sighting on Friday sent "desperate employees into a frenzy."
Thus spake Musk. Tesla Inc.'s CEO shared his opinion last week on who is winning in self-driving. "I could be wrong, but it appears to be the case that Tesla is vastly ahead of everyone," he said.
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