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business

115

RIP LG: South Korean giant officially exits the smartphone market

RIP LG: South Korean giant officially exits the smartphone market

After months of rumors, LG has made it official: it will exit the smartphone business on July 31.

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16

Huawei plans to shake down Samsung and Apple for 5G royalties

Huawei plans to shake down Samsung and Apple for 5G royalties

While Huawei remains shut out of the US smartphone industry, the company is seeking to bring in revenue through new methods. On Tuesday, Huawei announced its intention to begin charging companies like Samsung and Apple royalties for access and use of its 5G-related patents.

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20

You may soon be waiting longer and paying more for Snapdragon-powered phones

You may soon be waiting longer and paying more for Snapdragon-powered phones

Qualcomm is struggling to meet a demand surge for its Snapdragon chipsets with multiple supply challenges affecting its production strategy. The ripple effects could bring more priority to the premium tier at the expense of more affordable devices and longer waits for orders.

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6

T-Mobile introduces employer-managed 5G internet for home office workers

T-Mobile introduces employer-managed 5G internet for home office workers

With high speeds, low latency, and frequencies that work best in dense urban areas, 5G has often been touted as a wireless alternative to conventional internet systems. T-Mobile is putting its money where its mouth is by announcing a business class option for its home internet service. The system is similar to its current home internet offerings, but managed and paid by an employer rather than the end user, and packing a few more security tools.

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10

Electronic Arts wants to buy Glu Mobile (and its Kardashian game) for $2.1 billion

Electronic Arts wants to buy Glu Mobile (and its Kardashian game) for $2.1 billion

Perhaps Electronic Arts figured it was about time to start milking the cash cow that is mobile gaming: it has announced its intent to buy publisher GluMobile, known for its freemium all-encompassing titles like "Kim Kardashian: Hollywood," "Cooking Dash," and 2013's "Frontline Commando: D-Day," for $2.1 billion — a 36% premium on its market capitalization up to today.

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3

Jeff Bezos is done being Amazon's CEO

Jeff Bezos is done being Amazon's CEO

Amazon will gain a new CEO this summer. As part of its fourth-quarter earnings disclosure, the company announced that Jeff Bezos will transition to the position of executive board chairman while Andy Jassy moves up from Amazon Web Services where he was CEO.

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0

Trump administration issues one more middle finger to Huawei and its US suppliers

Trump administration issues one more middle finger to Huawei and its US suppliers

One of the President Donald Trump's choicest adversaries during his term has been China. He considers the country to be a trade scofflaw while politicians in intelligence circles have pegged it as a digital security threat. Huawei has been targeted to be the biggest casualty from multiple sanctions that have blocked it from acquiring American goods and services. Now, as the current administration makes way for another, we're learning of one of its final moves symbolizing a door slam.

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16

NPR inks international podcast distribution deal with Spotify

NPR inks international podcast distribution deal with Spotify

Apparently, podcasts can spread through not just with RSS links, but with expensive distribution agreements as well. With that said, Spotify will be distributing 26 of NPR's shows internationally.

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146

YouTube, having made nearly $13 billion from ads so far this year, decides to place ads on even more videos

YouTube, having made nearly $13 billion from ads so far this year, decides to place ads on even more videos

If you chuck original videos onto YouTube to share just with your friends, brace for advertisements: the platform's terms of service for U.S. users has been revised so that videos produced outside of the YouTube Partner Program can be monetized by YouTube.

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13

Huawei tipped to sell Honor to government-funded consortium for $15 billion

Huawei tipped to sell Honor to government-funded consortium for $15 billion

In the background of the election cycle, the U.S. trade war with China continues to rage with Huawei taking some of the most damaging mortars so far. It's unable to import anything even remotely American in nature and has had to make painful adjustments to its operations. One change rumored to fall out of this pivot was a potential sale of its subsidiary Honor. Now, we're learning more details about the multi-billion dollar deal that could land as early as this week.

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