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Bloomberg Technology 01/09/2024

Finance
10 Jan 20241 min summaryFrom Bloomberg Technology
Bloomberg Technology 01/09/2024
Bloomberg Technology
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  • Qualcomm CEO discusses the company's XR chip for mixed reality headsets and the potential for growth in the XR market.
  • Qualcomm is bullish on AI for PCs and believes it will revolutionize user experience and productivity.
  • The company aims to diversify into the automotive market and targets 10% of revenue from automotive by 2026.
  • Match Group, the parent company of dating apps like Tinder, is facing pressure from Elliott Management to increase its number of paid subscribers.
  • Investors are concerned about the decline in paid subscribers for Match Group and other dating app companies.
  • Match Group is rolling out new pricing plans and offerings to attract more users and boost revenue.
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