[NEWS] Daily Crunch: Yep, Apple is buying Intel’s modem business – Loganspace

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1.Apple acquiring most of Intel’s smartphone modem industry in $1B deal

Applehas entered correct into a deal to compose a majority of Intel’s modem industry, alongside sideIntelIP, tools, leases and workers — it’s bringing over 2,200 new roles and 17,000 wi-fi know-how patents.

The deal confirms earlier rumors that Apple would compose the industry in uncover to completely uncouple itself from Qualcomm, the offer of necessary competition for both parties over the closing several years.

2.SoftBank proclaims AI-focused second $108 billion Vision Fund with LPs alongside side Microsoft, Apple and Foxconn

Price noting: The second Vision Fund’s list of anticipated puny partners doesn’t currently consist of any participants from the Saudi Arabia government.

3.Twitter Q2 beats on gross sales of $841M and EPS of $0.20, new metric of mDAUs up to 139M

The U.S. remains to be Twitter’s revenue engine, the firm acknowledged. It accounted for $455 million of its gross sales, up 24%, while world revenue turned into once $386 million, up appropriate 12%.

4.Trump threatens Apple with tariffs, Google with investigation on Twitter

The president of the US called out two of the nation’s most attention-grabbing tech corporations in a pair of tweets this morning.

5.Google says it doubled Pixel gross sales one year-over-one year

It looks adore the mid-vary Pixel 3a is the hit Google without a doubt hoped it would be. The news came as a part of the solid earnings that parent firm Alphabet reported the day long gone by.

6.SpaceX succeeds with first untethered StarHopper low altitude ‘hop’ test

StarHopper is a scaled-down test vehicle designed to support SpaceX speed an necessary preparation trials for the new Raptor engine before building its stout-scale Starship reusable spacecraft.

7.Africa’s poke-hail markets are sizzling spots for startups and VC

The big avid gamers equivalent to Uber and Tear are competing in Kampala and Nairobi — where, in addition to to automobile service, they offer rickshaw taxis. In the meantime, many poke-hail corporations in Africa are adapting fresh product solutions to local transit wishes. (Further Crunch membership required.)