Apple is building a self-driving car in Silicon Valley, and is scouting for secure locations in the San Francisco Bay area to test it. Documents show the oft-rumoured Apple car project appears to be further along than many suspected.

A purported iPhone 6s benchmark posted by blog Ringer Blue Men shows that the new device only has 1GB of RAM, or just as much as last year's iPhone 6 had. If accurate, this would be a major disappointment.

Motorola Mobility began laying off about 500 employees Thursday, cutting 25% of its Chicago workforce just over a year after moving from Libertyville into a new headquarters in the Merchandise Mart.

Lenovo is laying off 3,200 employees and trimming down its smartphone portfolio in response to a slowdown in its PC and handset sales.

Jeff Sheley, a Northland analyst, wrote: "We now believe that Intel will capture roughly 50% of Apple's modem business in the upcoming iPhones due to launch September 9th."

At least 17 people died and hundreds more were injured.

Apple is a company that's accustomed to being loved by its customers. Carriers, on the other hand, are companies consumers love to hate.

Bernstein has cut its target price by 25% on the company amid intense 3G competition and weak demand.

"To catch up with Qualcomm as soon as possible, we will pour 30 billion yuan, and probably even more, into the R&D of mobile chips in the next few years," Chairman Xu Jinghong was quoted as saying in an interview. A Tsinghua Holdings spokeswoman confirmed Xu's comments to the newspaper.

Smartphones have overtaken laptops as the UK's preferred device for accessing the internet, according to an Ofcom survey, highlighting the need for businesses to adapt their strategies for mobiles.

SanDisk has reached agreement with SK Hynix to modify and extend their intellectual property licensing relationship and enter into a multi-year commercial relationship under which SK Hynix will supply its DRAM products to SanDisk. These agreements include a settlement of the trade secret misappropriation suit filed by SanDisk in 2014.

Qualcomm has announced that its subsidiary, Qualcomm Atheros, has entered into a definitive merger agreement to acquire Ikanos Communications, a high performance broadband networking semiconductor and software provider enabling both central office and home gateway solutions.

The recall itself isn't anything that shareholders should get worked up about; it was a relatively low-volume product and the impact on the company's financials should be minimal. What is interesting, though, is that as a result of this recall, investors can now glean some insight into the financials of Nvidia's device business.

Microsoft has agreed to invest about US$100 million in Uber Technologies at a valuation of approximately US$50 billion, a person with knowledge of the matter said.

For Skyworks Solutions, the Apple iPhone may well be the gift that keeps on giving. After getting a nice piece of the Apple iPhone 6 business, the analog chipmaker is poised to tap into more gains from Apple, which is expected to refresh the current-generation iPhone 6 sometime this fall.

Results from Europe's big chipmakers show business conditions have deteriorated quickly in previously healthy markets for auto electronics and industrial components, adding to concerns over the industry's traditional drivers - computers and phones.

Japanese tech giant Sony saw its net profit more than triple in the April-to-June quarter, helped by strong sales of its PlayStation 4 games and camera sensors.