• Carl Pei's Nothing to supercharge its future products with Qualcomm chips

    10 days ago - By Android Central

    The startup also raised $50 million from investors, including the designer of Apple's iPod.
    What you need to know
    Nothing has partnered with Qualcomm to build new product categories powered by the Snapdragon platform.
    Carl Pei's startup has also raised $50 million in a new round of funding from investors.
    The new alliance may herald Nothing's foray into the smartphone race.
    Nothing, a startup founded by OnePlus co-founder Carl Pei, has found a new backup to power its future tech products. The firm announced that it has formed an alliance with Qualcomm and raised $50 million from investors...
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  • What chip shortage? MagicCube raises $15M to ‘replace all chips,' starting with POS terminals

    What chip shortage? MagicCube raises $15M to ‘replace all chips,' starting with POS terminals

    10 days ago - By TechCrunch

    MagicCube , a mobile security startup, has raised $15 million in a round led by Mosaik Partners.
    Bold Capital, Epic Ventures, card-reader/POS hardware maker ID Tech and unnamed individual investors in the fintech space also participated in the financing, which brings the Santa Clara-based startup's total funding raised to $30 million since its 2014 inception.
    Put simply, MagicCube's software-based security technology is aimed at replacing all security chips, which have historically been the standard for safely storing sensitive data and authenticating whoever needs access to it. And it's...
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