Qualcomm has unveiled the Snapdragon 8 Elite, which the company says has “the world’s fastest mobile CPU,” a custom version of the second generation Qualcomm Oryon. The platform is purpose-built to power on-device generative AI, “built to handle the complexities of multi-modal AI seamlessly while prioritizing privacy,” per Qualcomm. Smartphone brands and OEMs including Asus, Honor, iQOO, OnePlus, Opposite, RealMe, Samsung, Vivo and Xiaomi are onboard to launch devices powered by the Snapdragon 8 Elite, starting before the end of the year, according to Qualcomm’s announcement. Continue reading Qualcomm Says Snapdragon 8 Elite Has ‘Fastest Mobile CPU’

Huawei Technologies Co. continued to grow revenue for the sixth consecutive quarter, tallying $33.6 billion for the period ending in June, a 33.7 percent increase year-over-year. The privately held company releases limited financial information. The net profit margin at the half-year mark was said to be 13.2 percent, equivalent to $7.7 billion. Bloomberg extrapolated that to profit of about $5 billion for the quarter, which represents an 18.6 percent decline over the same period last year when asset sales boosted results. The overall trend saw Huawei and other Chinese smartphone manufacturers continuing to gain ground against Apple. Continue reading Huawei Flourishes Despite Sanctions as U.S. Trial Approaches

Chinese telecommunications firm Huawei Technologies continues to bounce back after taking an initial hit from U.S. sanctions resulting from the company being declared a national security threat in 2019. Year-over-year, net profit surged 564 percent to $2.7 billion in Q1, with revenue up 37 percent to $24.65 billion. It was the company’s fourth consecutive quarterly profit gain. Although Huawei doesn’t breakout performance for individual sectors, analysts estimate the company’s smartphone sales rose 70 percent, leading to further speculation the global firm is taking market share from rivals, particularly Apple in China. Continue reading Huawei Continues Financial Rebound Despite U.S. Sanctions

In a blog post this week, Yahoo announced that its privacy policy will no longer recognize when users activate “Do Not Track” signals in their browsers. Although users purposefully use this setting to indicate they do not want companies to monitor their online behavior, the tracking is necessary for Yahoo to create a more personalized experience for its users. The move is part of larger strategy by CEO Marissa Mayer to brand Yahoo as a “personalization company.” Continue reading Yahoo No Longer Honoring ‘Do Not Track’ Requests by its Users