Mike Wheatley
Latest from Mike Wheatley
T-Mobile and Verizon quietly drop controversial Apple iPad rebate programs
T-Mobile US Inc. and Verizon Communications Inc. have reportedly discontinued iPad rebate programs that were offered in partnership with Apple Inc. following a wave of controversy. The change was first spotted by MacRumors, which revealed today that Apple’s website no longer lists a promotion that previously allowed buyers to save up to $200 when activating ...
Scrambling to boost production, chipmakers struggle with a lack of skilled workers
A shortage of skilled labor could hamper plans by computer chipmakers to expand production and address the ongoing global semiconductor shortage. A report in the Wall Street Journal Sunday said the world’s largest chipmakers are becoming worried about a dwindling supply of skilled workers in the industry, leaving them to fight for what little talent is available. ...
Report: China gaming crackdown forces 140,000 game developers out of business
China has refused to issue any new video game licenses since the summer of 2021, and the inaction has led to more than 140,000 small game studios and related companies going out of business, the South China Morning Post reported today. Under Chinese law, games developers must obtain a license to submit new titles to app ...
AT&T and Verizon CEOs reject further 5G wireless rollout delay
The chief executives of AT&T Inc. and Verizon Communications Inc. today rejected a plea by U.S. regulators to delay the rollout of new 5G wireless services scheduled to launch this week, despite concerns over potential interference with aviation technology. In a joint letter, AT&T CEO John Stankey and Verizon boss Hans Vestberg escalated a dispute between ...
AMD says acquisition of Xilinx will now close in first quarter of 2022
Advanced Micro Devices Inc. said today its proposed $35 billion all-stock deal to acquire its industry peer Xilinx Inc. is now expected to close in the first quarter of 2022, having missed its target of the end of this year. “We continue making good progress on the required regulatory approvals to close our transaction,” the ...
Google halts buggy Pixel 6 and Pro 6 phone software updates
Google LLC said today it’s putting the brakes on a December software update for its new Pixel 6 and Pixel 6 Pro phones amid widespread reports of dropped calls. The update for the Pixel phones added quite a few new features specifically for those models, as well as a more general security patch for Android. ...
Elon Musk’s SpaceX gets $337.4M in new equity funding
SpaceX Corp. disclosed in a regulatory filing today that it has raised $337.4 million in equity financing. The company, whose backers include Fidelity Investments and Google LLC parent firm Alphabet Inc., saw its value reach $100 billion in October following a secondary share sale. Prior to that, it raised about $1.16 billion in April through ...
China launches five-year plan to become a hub of global robotics innovation
China announced a five-year roadmap to achieve its goal of becoming a global robotics innovation hub by the year 2025. In the plan announced today, it said it aims to do this by focusing on enhancements in key areas such as control panels and servomotors. China’s Ministry of Industry and Information Technology revealed operating income from ...
China’s largest AI firm SenseTime raises $700M in Hong Kong IPO
Chinese largest artificial intelligence firm SenseTime Group Inc. today it has raised about $700 million from its initial public offering on the Hong Kong Stock Exchange. SenseTime sold 1.5 billion of its shares priced at HK$3.85 (49 cents), which was at the low end of its price range. The raise means the company now has an ...
Appeals court backs FCC in its bid to open up 6 GHz spectrum to unlicensed users
The Federal Communications Commission won a key legal victory today as the U.S. Court of Appeals for the District of Columbia Circuit ruled in favor of its decision to designate a large portion of the 6-gigahertz spectrum to unlicensed users. In early 2020 the FCC voted to free up to 1,200 megahertz of spectrum in ...
