Qualcomm is cutting over 1,200 jobs in California

Qualcomm has just notified the California Employment Development Department that it’s eliminating 1,258 positions within the state, according to Bloomberg. That’s around 2.5 percent of the company’s entire workforce, which is approximately 50,000 strong, but the job cuts will only affect workers from Qualcomm’s San Diego and Santa Clara, California offices. Based on Bloomberg’s report, no position is safe: More than 750 of the affected employees will reportedly come from the chipmaker’s engineering team, including director-level personnel. The remaining affected roles will come from across different departments and will include internal technical and accounting staff. 

The chipmaker is required by law to notify the California agency of impending job cuts. But since many other places don’t have the same rule, it’s unclear if Qualcomm is planning to eliminate positions in other offices within and outside the US. It’s worth noting that these job cuts, while unfortunate, don’t come as a surprise: The company announced in its quarterly earnings report (PDF) released in August that it was going to take “additional restructuring actions.”

Back then, the chipmaker had admitted that it expects these “restructuring actions” to consist “largely of workforce reductions.” It said that the move will enable it to make “continued investments in key growth and diversification opportunities” in the face of “continued uncertainty in the macroeconomic and demand environment.” As Bloomberg notes, Qualcomm still makes most of its money from smartphone sales, and market performance continues to decline. In fact, analysts said global smartphone shipments for the year are on track to be the worst in a decade. Qualcomm itself could see its revenue shrink by roughly 19 percent in the current fiscal year.

The company will start removing personnel sometime in mid-December, and it expects to be done with the restructuring changes it has to make in the first half of fiscal year 2024.

This article originally appeared on Engadget at https://www.engadget.com/qualcomm-is-cutting-over-1200-jobs-in-california-073034572.html?src=rss 

UK regulator approves Microsoft’s $68.7 billion purchase of Activision Blizzard

UK’s antitrust regulator has given Microsoft the green light to buy Activision Blizzard for $68.7 billion following a protracted back and forth. The regulator called Microsoft’s concession to sell cloud gaming rights to Ubisoft a “gamechanger that will promote competition.”

With the last major obstacle out of the way, the Competitions and Markets Authority (CMA) has now largely cleared the path for the companies to close the biggest merger in gaming history. That move was widely expected after the watchdog said in September that the company’s revised merger agreement “substantially addresses previous concerns and opens the door to the deal being cleared.”

In April, the CMA blocked the deal on the grounds of a belief that it would make Microsoft too dominant of a player in the cloud gaming space. However, as other dominoes that were preventing the deal from happening fell, the CMA gave Microsoft a second chance to resolve its concerns. The companies extended their merger agreement by three months to give them time to smooth things out with the CMA.

Microsoft later submitted a modified deal to the watchdog that will see it sell Activision Blizzard game streaming rights to Ubisoft if the merger goes through. Ubisoft would then handle cloud streaming rights in perpetuity for current titles and any others that Activision Blizzard releases over the following 15 years. Given that the CMA’s misgivings over the original deal, Microsoft evidently hoped that the concession would be significant enough to resolve the regulator’s concerns. Evidently, that’s exactly what happened.

The CMA said last month that it had “residual concerns” about enforcement of Microsoft’s revised proposal. However, it noted that “Microsoft gave undertakings that will ensure that the terms of the sale of Activision’s rights to Ubisoft are enforceable by the CMA.”

The regulator touted its role in forcing Microsoft to make concessions. “With the sale of Activision’s cloud streaming rights to Ubisoft, we’ve made sure Microsoft can’t have a stranglehold over this important and rapidly developing market,” CMA chief executive Sarah Cardell said in a statement. “As cloud gaming grows, this intervention will ensure people get more competitive prices, better services and more choice. We are the only competition agency globally to have delivered this outcome.”

There were suggestions that European Union antitrust regulators might review the amended deal. EU officials approved the acquisition in May after Microsoft made some cloud gaming concessions. According to Bloomberg, the bloc’s competition regulators didn’t see cause for concern with the amended deal that would prompt another investigation.

After a US court rejected the Federal Trade Commission’s attempt to temporarily block the deal pending an administrative trial, the CMA and both companies in question asked a tribunal to delay Microsoft’s appeal against the UK regulator’s initial decision. The tribunal agreed and, after reviewing the updated proposal from Microsoft, the CMA has rubberstamped the merger. It now seems like just a matter of time until this is a done deal and one of the biggest tech mergers in memory is in the books.

There is one significant potential hurdle remaining, however. The FTC is moving forward with its attempt to challenge the deal. That effort won’t stop Microsoft from closing the acquisition, but there’s a chance that the FTC could force the company to divest some or all of Activision Blizzard.

This article originally appeared on Engadget at https://www.engadget.com/uk-regulator-approves-microsofts-687-billion-purchase-of-activision-blizzard-063625038.html?src=rss 

‘Bachelor in Paradise’ Star Wells Adams Addresses Sam’s Ongoing ‘Poop Baby’ Situation

‘Bachelor in Paradise’ has entered truly unprecedented territory as Sam Jeffries faces the possibility of a ‘serious medical emergency.’

‘Bachelor in Paradise’ has entered truly unprecedented territory as Sam Jeffries faces the possibility of a ‘serious medical emergency.’ 

Jennifer Lawrence Rocks Off-The-Shoulder Top on Rare Date Night With Cooke Maroney: Photos

The ‘No Hard Feelings’ star turned heads in a bright-red sweater in New York City during a dinner date with her husband on October 11.

The ‘No Hard Feelings’ star turned heads in a bright-red sweater in New York City during a dinner date with her husband on October 11. 

Jenna Bush Hager Reveals Her Son, 4, Still Sleeps in a Crib: ‘It’s Normal Right?’

Jenna admitted her preschool-aged tot still sleeps in an infant crib, to the horror of her co-host, Hoda Kotb. See the clip here!

Jenna admitted her preschool-aged tot still sleeps in an infant crib, to the horror of her co-host, Hoda Kotb. See the clip here! 

Taylor Swift Attends Travis Kelce’s Game for the Third Time Amidst Rumored Romance: Watch

Round 3! Taylor Swift returned to Arrowhead Stadium to watch her rumored boyfriend play for the Kansas City Chiefs against the Denver Broncos.

Round 3! Taylor Swift returned to Arrowhead Stadium to watch her rumored boyfriend play for the Kansas City Chiefs against the Denver Broncos. 

The EPA won’t force water utilities to inspect their cyber defenses

The EPA is withdrawing its plan to require states to assess the cybersecurity and integrity of public water system programs. While the agency says it continues to believe cybersecurity protective measures are essential for the public water industry, the decision was made after GOP-led states sued the agency for proposing the rule.

In a memo that accompanied the new rules in March, the EPA said that cybersecurity attacks on water and wastewater systems “have the potential to disable or contaminate the delivery of drinking water to consumers and other essential facilities like hospitals.” Despite the EPA’s willingness to provide training and technical support to help states and public water system organizations implement cybersecurity surveys, the move garnered opposition from both GOP state attorneys and trade groups.

Republican state attorneys that were against the new proposed policies said that the call for new inspections could overwhelm state regulators. The attorney generals of Arkansas, Iowa and Missouri all sued the EPA – claiming the agency had no authority to set these requirements. This led to the EPA’s proposal being temporarily blocked back in June.

While it’s unclear if any cybersecurity regulations will be put in motion to protect the public moving forward, the EPA said it plans to continue working with the industry to “lower cybersecurity risks to clean and safe water.“ It encourages all states to “voluntarily review” the cybersecurity of their water systems, nothing that any proactive actions might curb the potential public health impacts if a hack were to take place.

Ever since the highly publicized Solarwinds hack in 2020 that exposed government records and the 2021 Colonial Pipeline ransomware attack that temporarily shut down operations for the oil pipeline system, it’s been abundantly clear that government entities and public agencies are hackable and prime targets for bad actors. The Biden administration has initiated a national strategy focused on public-private alliances to shift the burden of cybersecurity onto the organizations that are “best-positioned to reduce risks for all of us.”

This article originally appeared on Engadget at https://www.engadget.com/the-epa-wont-force-water-utilities-to-inspect-their-cyber-defenses-232301497.html?src=rss 

Kelly Ripa Reveals She Tried Setting Her Son up With Lisa Rinna’s Daughter

During a recent appearance on ‘LIVE with Kelly and Mark’ the TV host revealed that she once tried to set up her son with one of the ‘RHOBH’ alum’s daughters.

During a recent appearance on ‘LIVE with Kelly and Mark’ the TV host revealed that she once tried to set up her son with one of the ‘RHOBH’ alum’s daughters. 

Starlink’s satellite cell service is set to launch in 2024, but only for SMS

The launch of Starlink’s much-anticipated satellite cellular service, Direct-to-Cell, will reportedly begin rolling out for SMS in 2024, according to a newly published promotional site by the company. Eventually the system will “enable ubiquitous access to texting, calling, and browsing wherever you may be on land, lakes, or coastal waters,” and connect to IoT devices through the LTE standard.

Starlink has partnered with T-Mobile on the project, which was originally announced last August at the “Coverage and Above and Beyond” event. The collaboration sees T-Mobile setting aside a bit of its 5G spectrum for use by Starlink’s second-generation satellites; Starlink in turn will allow T-Mobile phones to access the satellite network giving the cell service provider “near complete coverage” of the United States. 

During the event last August, SpaceX CEO Elon Musk tweeted that “Starlink V2” would launch this year on select mobile phones, as well as in Tesla vehicles. “The important thing about this is that it means there are no dead zones anywhere in the world for your cell phone,” Musk said in a press statement at the time. “We’re incredibly excited to do this with T-Mobile.” That estimate was revised during a March panel discussion at the Satellite Conference and Exhibition 2023, when SpaceX VP of Starlink enterprise sales Jonathan Hofeller estimated testing — not commercial operation — would begin in 2023

The existing constellation of 4,265 satellites are not compatible with the new cell service so Starlink is going to have to launch a whole new series of microsats with the necessary eNodeB modem installed, over the next few years. As more satellites are launched, the adde voice and data features will become available. 

As an messaging-only satellite service, Direct-to-Cell will immediately find competition from Apple, with its Emergency SOS via Satellite feature in iOS 14, as well as Qualcomm’s rival Snapdragon Satellite, which delivers texts to Android phones from orbit using the Iridium constellation. Competition is expected to be fierce in this emerging market, Lynk Global CEO Charles Miller noted during the March event, arguing that satellite cell service could potentially be the “biggest category in satellite.”

This article originally appeared on Engadget at https://www.engadget.com/starlinks-satellite-cell-service-is-set-to-launch-in-2024-but-only-for-sms-215036124.html?src=rss 

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