Android ▪ July 22

Qualcomm, the company behind the all-conquering Snapdragon processors, said today that it will cut $1.4 billion in costs and restructure its board after being pressured by an activist investor to make changes. The move could see the chip-maker cut thousands of jobs as it seeks to streamline its operations. Qualcomm’s revenue is significantly lower than it was 12 months ago, and its chip business isn’t the powerhouse it used to be.

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The Physical Web is an open source web specification from Google released last year with the aim to make interacting with smart devices in the real world as easy as clicking a link, just as we do on the web. Now with the company having released its Eddystone beacon technology and APIs for making this communication between devices in the same proximity easier, it’s integrating Physical Web directly into Chrome for iOS.

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