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Marvell to Exit Smartphone Biz

2015-09-25 14:39:47| Telecom - Topix.net

Marvell Technology Group announced a "significant restructuring" in its flagging mobile platform business that will include layoffs, a write-down of assets, and apparently an exit from the smartphone market. The company said it "plans to significantly downsize the mobile platform organization to refocus its technology to emerging opportunities in IoT, automotive, and networking."

Tags: biz exit smartphone marvell

 

Longtime Brandon biz will shut down Oct. 24

2015-09-23 16:54:47| Grocery - Topix.net

"It sucks," Mum's Family Restaurant manager Brad Johnston remarked as he loaded eggs, lettuce and tomatoes into his vehicle. "This is my second time here this morning, just because we've been out of stuff."

Tags: oct biz shut brandon

 
 

Quirky Files for Bankruptcy, Will Sell Wink Biz

2015-09-22 23:00:42| PC Magazine Software Product Guide

Wink will carry on with day-to-day operations while Quirky finds a new owner for its smart home platform.

Tags: sell files biz wink

 

MegaFon boosts B2B biz with GARS buy

2015-09-21 02:00:00| Total Telecom industry news

Russian mobile operator completes acquisition of fixed-line provider.

Tags: buy biz b2b boosts

 

Biz Break: Oracle profits and sales droop

2015-09-17 03:43:24| Telecom - Topix.net

Today: Oracle suffered a slump in profits, the company reported Wednesday, although earnings did beat Wall Street estimates by a slim margin. Also: Apple delayed the release of a software upgrade for the Apple Watch.

Tags: sales break biz oracle

 

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