OnePlus co-founder Carl Pei is reportedly leaving the company to start his own venture.
The news comes in one day ahead of the launch of OnePlus’ flagship smartphone series — the OnePlus 8T.
Neither Pei nor OnePlus have issued an official statement yet.
Co-founders Carl Pei and Pete Lau were the brains behind the operation at OnePlus. 31-year old Pei, might be leaving to start his own company — just one day ahead of the launch of the company’s flagship series OnePlus 8T as well as the Nord N10 series.
Sources told TechCrunch that Pei is not joining Samsung, despite his one-time proposal to do so back in 2015. However, he does have ‘clarity’ on what he wants to do next.
Pei and OnePlus were unavailable to comment on the matter.
Pei’s India connect When the China-based OnePlus was still in its nascent stages, Pei travelled across India — living
The co-founder of Chinese smartphone maker OnePlus has seemingly left the company, according to a report Monday. Carl Pei was absent from an internal memo listing OnePlus’ leadership, Android Police reported citing a screenshot by a Reddit user who suggested that Pei had either stepped down or was removed from the position.
The reported departure comes just ahead of the OnePlus 8T event, which is scheduled for Wednesday. Pei’s is departing OnePlus to start his own venture, according to TechCrunch, although no details about that venture were immediately available.
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OnePlus didn’t immediately respond to a request for comment.
In 2019, OnePlus ranked eighth in the US market with just 0.6% market share, according to Counterpoint Research, but its phone sales more than tripled last year —
Cloud communications company Twilio is set to acquire data startup Segment for $3.2 billion, sources tell Forbes, though a deal is not yet final.
Twilio has emerged as a winner in the pandemic economy, with its stock price just about tripling since the beginning of the year. The company now commands a market cap of over $45 billion.
Segment was last valued at $1.5 billion in an April 2019 funding round, and counts Accel, Y Combinator, and Alphabet’s GV (formerly Google Ventures) among its investors.
Segment laid off 10% of its staff in May, in anticipation of a tougher IT spending environment amid the pandemic. However, the company indicated in September that it now has over 20,000 customers — up from 19,000
Microsoft is developing an iOS app to bring Game Pass to the iPad and iPhone, circumventing Apple App Store rules, Business Insider reported Thursday.
“We absolutely will end up on iOS,” Microsoft gaming boss Phil Spencer told employees at an all-hands meeting Wednesday, according to Business Insider.
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Microsoft announced in August that its Project xCloud video game service would be released September for free to Xbox Game Pass Ultimate subscribers. The service gives people access to more than 100 games on the Xbox or PC, as well as its Xbox Live gaming social network.
Microsoft said at the time that devices powered by Google’s Android operating system would be supported but said Apple was blocking its
Microsoft’s gaming boss Phil Spencer told employees that the company is planning to bring Xbox Game Pass streaming to Apple’s iPad and iPhone devices using a “direct browser-based solution,” according to a Business Insider report.
“We absolutely will end up on iOS,” Spencer reportedly told employees this week. According to The Verge, Spencer also mentioned bringing this browser solution to Windows 10 PCs next year.
Microsoft’s game-streaming portion of Xbox Game Pass has so far only been available on Android as Apple at first blocked it and similar services such as Google Stadia, but then agreed to allow those apps onto its iOS devices provided that there were separate apps for each game. Apple also required that each game be submitted individually so that it would comply with the company’s 30% profit-splitting policy.
Microsoft declined to participate, calling the solution a “bad experience for customers” as it wanted all of
Qualcomm recently sent out invites for its upcoming event that is to take place this December. The brand is set to unveil its newest Snapdragon series processors at the event, the highlight of which will be the flagship Qualcomm Snapdragon 875, based on 5nm architecture. Now, as per a new report by DigiTimes, via GSMarena, Qualcomm is also likely to announce its first-ever dedicated gaming smartphone around the same time.
While we don’t have a lot of details, to begin with, the new gaming phone will reportedly be co-developed by Asus. Qualcomm already designs its own boards to flaunt the skills of the latest chipsets. However, making a completely new phone is a whole different ball game, which is why the partnership with Asus makes sense. The new phone may even get the branding of the Asus ROG (Republic
US trading firm Susquehanna reportedly owns 15% of TikTok-owner ByteDance, a stake which is potentially worth more than $15 billion.
Located just outside of Philadelphia, Susquehanna joined a $5 million investing round in ByteDance the year that it was founded, and invested in Musical.ly which later merged into TikTok.
Susquehanna is now stuck in the middle of US-China tensions as ByteDance waits for both governments to approve a deal that includes Oracle and Walmart taking a stake in the Chinese company.
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US trading firm Susquehanna quietly owns 15% of TikTok parent firm ByteDance, according to the Wall Street Journal, a stake potentially worth billions.
Susquehanna’s stake may be worth as much as $15 billion, according to PitchBook data cited by the Journal. This reportedly makes Susquehanna the biggest external investor in the Chinese social-media company. The firm is a giant in options trading,
Tesla (TSLA) – Get Report has been seeking a stake in South Korean conglomerate LG’s battery operation, according to a report from the Korea Times.
LG makes batteries in its LG Chem division, but the battery business is being spun off into a new company – LG Energy Solutions. So electric carmaker Tesla would take a piece of LG Energy Solutions if a deal happens.
Tesla is looking for a stake of up to 10% in the battery maker, a source told the Korea Times.
Tesla shares traded Monday at $421.92, up 3.58%, and have skyrocketed 404% so far this year.
Meanwhile, Piedmont Lithium (PLL) – Get Report was soaring Monday after the lithium company said Tesla agreed to buy spodumene concentrate, a raw material of lithium, from the company.
The initial agreement is for five years and may be extended for another five years, Piedmont
Realme is reportedly going to launch a new Q-series smartphone on 13 October, a leaked certification listing on Weibo has shown. The report claims that two Realme phones were approved by the TENAA authority of China recently. The models had the serial numbers RMX2173 and Realme RMX2117. As the RMX2173 phone had similar specs to that of the Realme X7 (including downgraded cameras), it is believed that the upcoming model will be a lite version of the Realme X7. Another report claims that the Realme RMX2173 will actually be a new Q-series smartphone.
This launch is expected to take place in China.
The article cited Digital Chat Nation on Weibo. The post said that the product will have a punch-hole OLED screen, fingerprint support, 5G connectivity, and support 65 W super
Google plans to introduce updated Play Store guidelines that emphasize the requirement for most apps to use the company’s billing system for in-app purchases as early as next week, according to Bloomberg‘s Mark Gurman.
While this requirement has existed for years, the report notes that some major developers like Netflix, Spotify, and Tinder have circumvented the rule by prompting customers to pay directly using a credit card, rather than their Play Store account, bypassing Google’s 30 percent commission for in-app purchases.
In a statement, Google said that it is always working with developers to clarify its Play Store policies, but it did not elaborate on any forthcoming changes:
As an open platform, Android allows multiple app stores. In fact, most Android devices come with at least two stores right out of the box, and users can install others. For developers who choose to distribute their apps on Google Play,