Apple Spends $1 Billion to Take Control of Its 5G Destiny

July 27, 2019

Apple said Thursday that it will spend $1 billion to buy most of Intel’s business that makes modems for smartphones—the crucial chips that connect devices to cell networks and Wi-Fi. The deal gives the iPhone maker new power to customize and control the technology inside its mobile devices at a time the industry is moving to new, faster, 5G cellular connections. Apple did not disclose how it will pay the…

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Intel is laying off a major portion of its wearables group

August 18, 2017

Update 11/19:Intel is denying that the company is stepping back from wearables, though has not directly commented on the layoff news. Here is the companys statement in full, Intel is in no way stepping back from the wearables business. In fact, we have several products in the works that we are very excited about, as well as prior launches that highlight our wearable technology such as the TAG Heuer Connected…

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