Each day Crunch: Sure, Apple buys the modem actions from Intel

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1. Apple acquires most of Intel & # 39; s smartphone modem activities in a $ 1 billion deal

Apple has signed a deal to amass a majority of Intel & # 39; s modem actions, together with Intel IP, gear, leasing and staff – it offers greater than 2,200 new features and 17,000 patents for wi-fi know-how.

The deal confirms earlier rumors that Apple would take over the corporate to completely disconnect itself from Qualcomm, the supply of a lot controversy for each events lately.

2. SoftBank announces AI-focused second $ 108 billion Vision Fund with LP & # 39; s including Microsoft, Apple and Foxconn

Price mentioning: the record of anticipated restricted companions of the second Imaginative and prescient Fund at the moment doesn’t embody individuals from the federal government of Saudi Arabia.

3. Twitter Q2 beats revenue of $ 841 million and earnings per share of $ 0.20, new metrics from mDAU's up to 139 million

The US stays Twitter's income engine, the corporate stated. It represented $ 455 million of its gross sales, a rise of 24%, whereas worldwide gross sales have been $ 386 million, a rise of solely 12%.

(Photograph by Cheriss Might / NurPhoto by way of Getty Photographs)

4. Trump threatens Apple with rates, Google with Twitter research

The President of the USA proclaimed two of the nation's largest know-how firms in a tweet this morning.

5. Google says it has doubled Pixel sales on an annual basis

Plainly the center class Pixel 3a is the hit that Google definitely hoped. The information got here as a part of the strong revenue that mum or dad firm Alphabet reported yesterday.

6. SpaceX succeeds with the first unbound StarHopper "hop test" at low altitude

StarHopper is a scaled-down take a look at automobile designed to assist SpaceX carry out essential preparation checks for the brand new Raptor engine earlier than constructing its absolutely reusable starship.

7. The African hail markets are hotspots for startups and VC

The massive gamers comparable to Uber and Bolt compete in Kampala and Nairobi – the place in addition they provide rickshaw taxis along with automobile service. Within the meantime, many ride-hail firms in Africa are adapting distinctive product options to the wants of native transit. (Additional Crunch membership required.)

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