In order to add automotive chips to its portfolio, Qualcomm has agreed to buy NXP Semiconductors for approximately US$47 billion, according to a Qualcomm announcement. A subsidiary of Qualcomm will offer to acquire all outstanding common shares of NXP for $110 per share in cash, which makes up the total enterprise value of $47 billion. … continue reading
Google has quietly launched a service called Google Cloud Functions. It allows developers to set up functions that get triggered in response to certain events. Google claimed that it’s similar to the Lambda service from Amazon Web Services. According to Cloud Functions documents, “Google Cloud Functions is a lightweight, event-based, asynchronous compute solution that allows … continue reading
Reports indicate that more than US$120 billion is flowing through the mobile application ecosystem. About half of that is generated by game companies and venture-backed unicorns; the other half from small and medium-sized businesses. Venture money doesn’t reach those companies, the ones who build mobile apps that sell for 99 cents, or that offer a … continue reading
Cars are smarter than they used to be. Bluetooth, power windows and Aux cables have long since replaced VHS players, window cranks and giant 1980s-style car phones. So why do drivers still stick their hands out their windows and wave to signal thanks in traffic? MotorMood, a Kickstarter project from a Los Angeles startup team, … continue reading
