Texas Instruments to Lay Off 1,700 As It Winds Down Mobile
Updated: shortened headline
Texas Instruments today announced plans to reduce its head count by about 1,700 employees. Earlier this year, the company revealed that it would scale back its mobile processor business. Today's head count reduction is one of the first major steps in executing that plan. Moving forward, Texas Instruments will focus its OMAP processor business on embedded devices, rather than smartphones and tablets. The company has lost ground in recent years to Qualcomm, Samsung, and Apple.
Review: IK Multimedia iRig Pro Duo
The iRig Pro Duo from IK Multimedia lets musicians plug two musical instruments or microphones into their mobile device for recording whatever you care to record. This flexible piece of hardware works hand-in-hand with IK Multimedia's own software, as well as third-party recording apps.
Yahoo Forms Committee to Look at Strategic Alternatives
Yahoo today said it has formed a committee of board members to head up its exploration of strategic alternatives. Earlier this month, Yahoo announced its intent to weigh changes to its core business in order to regain financial footing.
Samsung to Slice 10% of Workforce at Korea Headquarters
Samsung is prepared to lay off as much as 10% of the employees at its headquarters in South Korea, says the Korea Economic Daily. The company is likely targeting employees in the human resources, public relations, and finance departments.
BlackBerry All But Gives Up On Smartphones
BlackBerry CEO John S. Chen said the company plans to reduce the number of handsets it makes each year to one or two.