Huawei will stop producing Kirin chipsets on September 15
Huawei said production of its smartphone chips would stop in September due to US sanctions. Those restrictions were tightened in May when the White House barred vendors worldwide from using U.S. technology to produce components for Huawei.
You can read more here.
Twitter and TikTok are in talks for possible merger
Twitter has held “preliminary talks” about a possible union with TikTok’s US business. The value of TikTok’s US operations are unclear but estimates put it at tens of billions of dollars.
More info are available here.
New products
vivo iQOO 5
vivo iQOO 5 will have a Snapdragon 865 processor, 8GB of RAM and 128 GB of storage. It will be launched on August 17.
More info here.
Samsung Galaxy M51
The phone will have a 6.5-inch Infinity-O display, Snapdragon 675 or 730 processor and 8GB RAM. It will come with a 64MP main camera.
More info here.
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Toshiba officially quits the laptop business and sold the remaining stake of its PC business to Sharp
Two years ago, Toshiba sold an 80.1 percent stake of its PC business to Sharp for $36 million, and Sharp renamed the division Dynabook. Sharp exercised its right to buy the remaining 19.1 percent of shares back in June, and Toshiba released a statement recently that the deal was completed.
You can read more here.
Capital One will pay an $80 million fine for 2019 hack that exposed 100 million accounts
Capital One agreed to pay $80 million in penalties and improve its cybersecurity practices to resolve probes into last year’s hack. More than 100 million accounts were exposed in the cyberattack, which was allegedly carried out by a single individual.
More info can be found here.
