Apple (AAPL) supplier Qualcomm (QCOM) said Tuesday it won’t cow to activist investor Jana Partners’ push to split the company’s profitable chip business from its lagging licensing segment. Wrapping a five-month “comprehensive review,” the special committee concluded Qualcomm’s shareholders would be best served via the combined, and complementary, businesses, CEO Steve Mollenkopf said in the press release. “The strategic benefits and synergies of
There is a sea change underway in the U.S. payments world that heralds a big advance in security for consumers using smart cards to make purchases in person, in retail outlets, restaurants and gas stations. Bank card issuers are sending consumers new cards that carry EMV chips designed to make these purchases much more secure and reduce counterfeit fraud. In tandem, Apple (AAPL) is helping to lead the way in developing secure electronics platforms
Apple (AAPL) Pay, Samsung Pay, Alphabet’s (GOOGL) Android Pay and other mobile wallet offerings “will take off in 2016,” said an eMarketer report on Monday. Even as acceptance of e-commerce and mobile commerce has risen over the past decade, “trillions of dollars are transacted annually in the U.S. at brick-and-mortar retailers — a reality that isn’t going away anytime soon, if ever,” eMarketer’s report said. “But the divide between digital and