How to Grease a Chatbot: E-Commerce Companies Seek a Backdoor Into AI ResponsesRead more

Briefing
semiconductors

Layoffs Hit Qualcomm

By
Aaron Tilley
· · Source: Bloomberg

More bad news for Qualcomm. The mobile chip giant is cutting around 1,500 jobs in its home state of California, according to Bloomberg. The move is designed to reduce costs and please investors, who have grown impatient with the company’s executive team, including its CEO, Steve Mollenkopf. But it doesn’t appear this cost reduction move has done much to appease the market with shares down nearly...

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