Apple is rumored to be in talks to buy a key section of Intel’s modem business, a division that was effectively shut down after Apple and Qualcomm settled their worldwide legal dispute in April. Per sources close to the story, it’s been said that Apple is looking to procure Intel’s German operation, which serves as […]
Tag: acquisition
An unconfirmed report has stated that Apple is acquiring Drive.ai in an effort to scoop up engineers from the self-driving startup. According to The Information, Apple has offered the following statement regarding the possible purchase: “Apple is in the process of acquiring a well-known but struggling self-driving shuttle firm, Drive.ai, for its engineering talent in […]
As one might expect, digital magazine service Texture, which Apple acquired last year, has shut down, Texture now pushing users towards Apple’s News+ news service. Apple’s plans to shut down Texture were first detailed back in March, with the company setting a March 28th closure date for the service. Starting this week, Apple is prompting Texture […]
Apple reportedly paid at least $485 million to acquire the Texture subscription service, which serves as the underlying core to the Apple News+ service. The transaction is thought to have acquired in early 2018. The launch of the Apple News+ subscription has resulted in Apple preparing for the closure of Texture to all users, a move it […]
Apple is apparently expanding its reach in the artificial intelligence field via the acquisition of Silk Labs, an on-device AI technology startup. Last Tuesday, an anonymous source reported that Apple quietly snapped up Silk earlier this year. Details of the acquisition are unknown, though the report estimates the deal was a trivial investment for Apple. […]