STMicro Plans to Exit Loss-Making Wireless Venture

STMicroelectronics NV, the European chipmaker struggling with weakening demand and competition from Asia, will sell its stake in the ST-Ericsson joint venture by the third quarter of next year as part of a new strategy to make the company more profitable.
Does Apple TV Need a Revamp?
25:47 - Homebrew VC Partner Hunter Walk, Technalysis Founder Bob O’Donnell and IDC Chief Research Officer Crawford Del Prete discuss Apple to unveil a new TV box this fall and the future of Apple’s streaming service. They speak with Bloomberg’s Emily Chang on “Bloomberg West.” (Source: Bloomberg)
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