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Showing posts from May, 2019

Apple Settlement Makes Qualcomm CEO Richer by $3.5 Million

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Other Qualcomm senior executives will get increased bonuses as well. After settling a bitter multi-billion dollar legal battle with Apple, the CEO of US-based chipmaker Qualcomm received a hefty bonus of $3.5 million. Qualcomm CEO Steve Mollenkopf received 40,794 shares of Qualcomm stock, which works out to just under $3,501,757 at Friday's closing price of $85.84, CNBC reported. In an official filing with the US-based Securities and Exchange Commission (SEC), the chipmaker noted that the entire executive team at Qualcomm received bonuses for settling the legal war with the iPhone maker. The two tech giants locked horns in courts around the world over how much Qualcomm charges for the intellectual property inside of the chips that enable devices like the iPhone to connect to cellular networks. Apple settled the legal battle earlier in April at an undisclosed amount and as part of the deal agreed to use Qualcomm chips in its upcoming 5G-enabled iPhone, scheduled

Apple Said to Prep Push in India With Short List for First Retail Store

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Apple has finalised a short list of locations for its first retail store in India, according to people familiar with the plans, as the company redoubles its efforts in the world's fastest-growing smartphone market. The iPhone giant has zeroed in on several upscale sites in Mumbai, and plans to make a final decision in the next few weeks, said the people, asking not to be named because the discussions are private. The vetted spots are comparable to iconic Apple locations on Fifth Avenue in New York, Regent Street in London or the Champs-Elysees in Paris, they said. Apple has been prohibited from opening its own stores in the country because it doesn't meet local sourcing requirements, but it's shifting manufacturing into India and is in talks with the government about its retail expansion. The Cupertino, California-based company has struggled to establish itself in India where consumers have opted for less expensive Chinese brands such as Xiaomi and Vivo. But Chief Exe

Facebook Launches Birthday Stories, Lets Users Add Cards, Photos, and Videos

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Facebook on Thursday launched a new feature on its Stories feature that will help users add digital birthday cards, photos or videos to a story celebrating birthdays of their near and dear ones. Nearly 500 million people use Facebook Stories every day. "We're launching birthday stories globally -- a way for friends, family and everyone in your community to add digital birthday cards, photos or videos to a story celebrating your big day," Jehan Damji, Product Manager at Facebook, said in a blog post. To use this feature, just tap on the birthday notification, shoot or upload a photo or short video or use one of our digital birthday cards and you've instantly got a birthday wish. You can even add a music sticker to give your story a "Happy Birthday" soundtrack. "Then, your wish gets added to your friend's birthday story, creating a personalized slideshow for them," said the company.

Marvel's Next Six Movies After 'Avengers: Endgame'

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SPIDER-MAN: FAR FROM HOME The first film after Avengers: Endgame closes out the current chapter of the Marvel Cinematic Universe and presumably resolves the situation created when Thanos snapped his fingers in Avengers: Infinity War, Spider-Man: Far From Home will open in theaters in July. Not only does this give fans a fresh, new Marvel film soon after Endgame blows our minds and breaks our hearts (c'mon, you know it will) but it will also give fans their first entry in the so-called Phase Four. It's not yet clear exactly how Spider-Man: Far From Home fits into the overall MCU. Some have theorized that the film is set in a new, separate universe from the rest of the MCU as the trailer for the Tom Holland-starring film features exclusively characters who were either snapped in Infinity War or whose post-snap status remains unknown. Others, specifically ComicBook.com's own Brandon Davis, has suggested that the film is both an Infinity War prequel and an Endgame sequel