Chinese investors led by Shanghai Giant Network Technology Co. agreed to buy Caesars Entertainment's online casino-style games unit Playtika for US$4.4 billion, in a bet on the rising popularity of mobile play.

Microsoft plans to lay off 2,850 employees, adding to previously announced job cuts as it retools its sales operations and dismantles its mobile phone hardware business.

ARM Holdings said second-quarter revenue rose to $387.6 million, an increase of 9% from the same period in 2015, while profit climbed 17% to 90 million pounds ($118 million).

LG Innotek said July 28 that it would invest US$230 million by 2018 to build a camera module factory in Haiphong, the third largest city of Vietnam.

The Wi-Fi Alliance industry group is now certifying products that can deliver multi-gigabit speeds and improve coverage in dense networks by delivering data to multiple devices simultaneously.

The deal includes Yahoo real estate assets, while some intellectual property is to be sold separately.

Son also briefly mentioned during the Japanese press conference that as soon as SoftBank announced the ARM acquisition deal, Son received a call from Alibaba's Jack Ma. "He was very enthusiastic. He told me that he is really interested in driving the China-ARM relationship."

Although based in Japan, Softbank is very much a Chinese company.

ARM founder Hermann Hauser said the result of the Softbank deal meant the "determination of what comes next for technology will not be decided in Britain any more, but in Japan".

SoftBank Group is nearing a deal to buy ARM Holdings for more than $32 billion, people with knowledge of the matter said, securing a slice of virtually every mobile computing gadget on the planet and future connected devices.

It is no secret that smartphone component manufacturing is slowing down, so is Samsung aiming for the next booming business, supplying batteries to electric vehicles?

Nokia and Samsung have expanded their patent cross-licensing deal, leading Nokia to anticipate a significant boost to its licensing sales.

While we know nothing official about the next iPhone -- currently expected to be called the iPhone 7 -- all rumors and leaks suggest that it's going to be a pretty mediocre upgrade. But pent-up demand for a new iPhone from the two-thirds of owners who, by the time the new iPhone launches will be running hardware that's two or more years old, might buoy sales.

The phone is supposed to survive 30 minutes in 5 feet of water. In our testing, it didn't.

Microsoft has confirmed it will close its mobile phone unit in Finland, cutting 1,350 jobs.

Samsung Electronics expects to post its most profitable quarter in more than two years because of strong sales of its flagship S7 line of smartphones.

Taiwan is bracing itself for the arrival of a vast typhoon, expected to hit the island on Friday.

Skyworks Solutions and Cirrus Logic shares nosedived Tuesday after Pacific Crest analyst Michael McConnell downgraded the stocks and predicted a 15%-20% decline in Apple iPhone 7 shipments later this year compared with shipments of the iPhone 6S after that product was released last September.

The Galaxy S7 has been well received with some industry experts predicting Samsung sold 16 million devices.

According to a recent memo, Senate staffers will no longer receive any BlackBerry devices going forward-it's an Android and iPhone world on the hill now. BlackBerry will continue to support any devices still in use, but that's it.

Japan's NEC will sell most of its interest in a personal computer joint venture with Lenovo Group to the Chinese partner for about JPY20 billion (US$195 million), using the proceeds for growth investment.

The company has decided to put more focus on growth in East Asia, Europe and the Middle East, while they expect that their Latin American and Asia Pacific businesses will prevail.

The US government has extended through August 30 a reprieve to ZTE on tough export restrictions imposed on the Chinese smartphone maker in March for allegedly breaking sanctions against Iran, the Commerce Department said on Monday.

Leaked photos that first surfaced on the French tech blog Nowhereelse.fr on June 25 appear to show the casing on the iPhone 7 with a much larger camera sensor opening than the previous iPhone, as well as a possible dual-camera configuration for the larger iPhone 7 Plus.

A TCL device with the product name DTEK 50 has been certified by the Wi-Fi Alliance, which is odd because DTEK is the name of the privacy suite that ships on the BlackBerry Priv.

More than 300,000 people have signed a petition urging Apple not to ditch the headphone socket from the version of the iPhone due for release this autumn.

UKIP leader Nigel Farage hailed it as the UK's "independence day" but the Remain camp called it a "catastrophe."

Apple's low-cost iPhone SE appears to be cannibalizing sales of more expensive handsets, including the flagship iPhone 6S, says Nomura Securities.

In a speech at the National Press Club Monday (June 20), FCC chairman Tom Wheeler called 5G "a national priority" and set July 14 as the date the FCC will vote on new rules to open up high-band spectrum for high-speed, low-latency 5G wireless applications.

Apple plans bigger design changes for 2017, the 10th anniversary of the original iPhone. Those changes could include an edge-to-edge organic light-emitting diode, or OLED, screen and eliminating the home button by building the fingerprint sensor into the display, according to people familiar with the matter.

The intellectual property tribunal said the iPhone 6 and 6 Plus looked too similar to the 100C model made by Shenzhen Beili, a small Chinese brand.

Swedish mobile telecom gear maker Ericsson is being investigated by US authorities over possible corruption related to its business in China, Swedish daily Svenska Dagbladet (SvD) reported late on Thursday, citing unnamed sources.

The acquisition makes up for the South Korean tech giant's lack in software, especially cloud, that has made it dependent on other vendors.

Google is seeking to raise between $218 million and $221 million by selling shares in Chinese personal computer maker Lenovo, according to a deal term sheet seen by IFR on Wednesday.

Apple will likely take three years between full-model changes of its iPhone devices, a year longer than the current cycle. In a typical two-year term, fall 2016 was supposed to see a major upgrade. But the changes on the model to be launched this autumn will be minor, such as improved camera quality.