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Cellphone chip supplier Qualcomm Inc’s fiscal third-quarter earnings and revenue beat Wall Street estimates on strong smartphone demand, sending its shares up 3.4 percent after hours. Qualcomm disappointed investors the previous two quarters as prices for phones fell sharply and cut into royalty payments. Qualcomm sells chips to phone makers and collects licensing fees from [...]
Risk and insurance company Aon Corporation (AON) on Monday announced it would buy human resources giant Hewitt Associates for $4.9 billion in a cash/stock deal. The deal will nearly triple the size of the Aon’s consulting operations, making it a $4.3 billion business by revenue. Hewitt shareholders will receive $25.61 in cash and 0.6362 of [...]
Israel-based Emblaze on Wednesday said it was canceling development of the First Else. Designed in collaboration with Japan-based Sharp and Access, the First Else was supposed to be a super phone running Else Intuition – a new mobile OS based on Linux – and featuring a 480 x 854 pixels touchscreen display, GPS, 5MP camera, [...]
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