Emerging Technology

— Companies Agree to 7-Year Extension of Patent Licensing Agreement Through 2030 —

Snapdragon Platforms to Power Future Samsung Galaxy Devices —

Qualcomm Incorporated today announced that the Company has strengthened its strategic partnership with Samsung Electronics Co., Ltd. to deliver leading premium consumer experiences for Samsung Galaxy devices. Qualcomm Incorporated and Samsung have agreed to extend their patent license agreement for 3G, 4G, 5G and upcoming 6G mobile technology through the end of 2030. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, and Samsung also agreed to expand their collaboration with Snapdragon® platforms for future premium Samsung Galaxy products, including smartphones, PCs, tablets, extended reality, and more. These collaborations reinforce the Companies' track record of success and reaffirms their commitment to expanding technology leadership and delivering the world's best device experiences.

"The extension of our licensing agreement is further evidence of our mutual commitment to long-term collaboration," said Cristiano Amon , president and chief executive officer, Qualcomm Incorporated. "Our relationship with Samsung has never been stronger. For more than two decades we've worked together to lead the industry and we are pleased to continue this strategic partnership to develop innovative technologies and products using Snapdragon platforms to power more Samsung premium devices globally."

"Qualcomm's innovative technology has played a pivotal role for advancement of mobile industry. The collaboration between Samsung and Qualcomm spans many years and these agreements reflect our close and long-standing strategic partnership. We are committed to working with Qualcomm to advance the mobile industry and users' experiences for future Samsung Galaxy devices," said Dr. TM Roh, President and Head of MX Business, Samsung Electronics.

About Qualcomm

Qualcomm is the world's leading wireless technology innovator and the driving force behind the development, launch, and expansion of 5G. When we connected the phone to the internet, the mobile revolution was born. Today, our foundational technologies enable the mobile ecosystem and are found in every 3G, 4G and 5G smartphone. We bring the benefits of mobile to new industries, including automotive, the internet of things, and computing, and are leading the way to a world where everything and everyone can communicate and interact seamlessly.

Qualcomm Incorporated includes our licensing business, QTL, and the vast majority of our patent portfolio. Qualcomm Technologies, Inc., a subsidiary of Qualcomm Incorporated, operates, along with its subsidiaries, substantially all of our engineering, research and development functions, and substantially all of our products and services businesses, including our QCT semiconductor business.

Snapdragon is a trademark or registered trademark of Qualcomm Incorporated.

Snapdragon is a product of Qualcomm Technologies, Inc. and/or its subsidiaries.

Qualcomm Contacts:
Pete Lancia , Corporate Communications
Phone: 1-858-845-5959
Email: corpcomm@qualcomm.com

Mauricio Lopez-Hodoyan, Investor Relations
Phone: 1-858-658-4813
Email: ir@qualcomm.com

Cision View original content: https://www.prnewswire.com/news-releases/qualcomm-and-samsung-extend-and-expand-broad-strategic-partnership-301594295.html

SOURCE Qualcomm Incorporated

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QCOM
Cloud Investing

YDreams Global Executives Attend Private Meeting with Brazilian Minister of Culture

YDreams Global Interactive Technologies Inc. (TSXV:YDwww.ydreamsglobal.com) (“YDreams Global” or the “Company) would like announce that two of the Company´s top Executives attended a meeting on April 30th, with the Minister of Culture of Brazil, Mr. Sergio Sá Leitão and with the President of Ancine, Mr. Christian de Castro Oliveira, which is the government institution responsible for incentives for different media productions, such as Cinema and Games.

The meeting was organized by the XRBR Association, that is bringing to light the huge potential of the Augmented, Virtual and Mixed Reality industry in Brazil. The Association has Marcos Alves as the President. Mr. Alves is YDreams Global’s Director of Ventures and is currently responsible for the acceleration program that is bringing five highly innovative AR and VR companies to Vancouver to receive training and to gain a deeper understanding of the North America market. The Company will have early access to investment in the startups that have a sustainable and fast growth business model.

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Cloud Investing

YDreams Continues to Develop Blockchain Integration for Expanding Arkave VR Locations

YDreams Global Interactive Technologies Inc. (TSXV:YDwww.ydreamsglobal.com) (“YDreams Global” or the “Company) is continuing to work on blockchain integration for the Arkave VR segment of YDreams. The team is working to incorporate the acceptance of crypto currencies within the Arkave ecosystem. YDreams is a member of the Hyperledger Foundation, which is uniting visionary companies such as Intel and IBM to create and establish the future of blockchain technology.

Daniel Japiassu, CEO of YDreams Global commented, “As bitcoin and altcoins become more integrated in the mainstream, we plan to incorporate new blockchain technology within the Arkave ecosystem to maximize our potential revenue streams. We are planning on expanding the Arkave/VR locations in 2018 and look forward to continue leading with cutting edge technology.”

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Data Investing

YDreams Global Creates Educational Virtual Reality Platform for One of the Biggest Energy Companies in the World

YDreams Global Interactive Technologies Inc. (TSXV:YDwww.ydreamsglobal.com) (“YDreams Global” or the “Company) would like to announce that it has signed a new contract to develop an educational game using Virtual Reality for one of the largest energy companies in the world.

The game is geared to educate children and young adults in respect to energy conservation and sustainability. The energy company will bring this game to schools, community associations and events, as part of a campaign to educate the general public.

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Data Investing

YDreams Global Opens Exhibition Featuring Gaming YouTubers With LG Electronics Inc as a Significant Sponsor

YDreams Global Interactive Technologies Inc. (TSXV:YDwww.ydreamsglobal.com) (“YDreams Global” or the “Company) will be launching the first edition of the Interactive Exhibition “Social Media Influencers: Game Edition” today. The exhibit is expected to receive at least 30,000 paid visitors per month and has booked 10 consecutive editions in 10 different shopping malls.

The Company also wishes to announce it has secured a significant sponsor for the series of events. The electronics company, LG Electronics Inc. (LGLD:LSE) has signed as a new sponsor for the event and will display their new Gaming Monitor for all of the events. The event also has Gameloft, Razer, DXRacer and the sports portal EI as partners with. Sonae Sierra Brasil as the main sponsor.

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Cloud Investing

YDreams Global Signs New Project with the Emoji Company

YDreams Global Interactive Technologies Inc. (TSXV:YD) (OTC Pink: YDRMF) (FSE: A2AP0L) (“YDreams Global” or the “Company) would like to announce that it has signed on for a new project for the official Emoji Company. The project is an interactive playground with augmented reality that will bring YDreams Global technology to six shopping malls. Expansion is already in the negotiation stages.
The playground is themed after the iconic emoji’s universe and visitors will pay an affordable fee to gain access.
The new product is part of the Company’s strategy to bring new forms of entertainment to shopping malls. The Company has an established partnership with a leader in this segment and has many similar projects planned for 2018.
“Our interactive technology is very relevant to the retail industry and YDreams Global is fast becoming a reference in this space. We have strengthened our relationship with important chains of shopping malls and hope to launch many projects in the near future. It is a significant new source of revenues for the Company,” stated Daniel Japiassu, CEO of YDreams Global.
YDreams global also recently announced a private placement (December 04 and December 08, 2017). The non-brokered private placement will consist of up to 14,666,666 units at 15 cents per unit for gross proceeds of $2.2-million. Each unit will consist of one common share and one transferable share purchase warrant exercisable at 25 cents for a period of five years. If you would like to participate in this please contact us at hey@ydreamsglobal.com
On January 12th, 2018, YDreams Global signed a $515,000 CAD deal with major sponsor for new project.
On January 5th, 2018, YDreams Global Completed a New Augmented Reality Project for International Fashion Brand Schutz Stores.
On December 22, 2017, YDreams Global announced the opening of the first Arkave Store.
On December 19, 2017, YDreams Global announced a mutual collaboration with Ubique, a reference in eSports with the goal of including Blockchain technology in Arkave.
On December 12, 2017, YDreams Global signed a new Augmented Project for one of the biggest Media and Entertainment companies in the world.
On November 9, 2017, YDreams Global announced the creation of a new blockchain, ICO and cryptocurrency division.
On October 5, 2017, YDreams Global was commissioned by Qualcomm Inc. (QCOM—NASDAQ) to create and design a project for them for Futurecom 2017.
On September 19, 201,7 YDreams Global announced it was commissioned by Octagon to create a project for the NBA.
About YDreams Global
YDreams Global Interactive Technologies Inc. (www.ydreamsglobal.com) is a technology company with offices in Vancouver, Dubai, São Paulo and Rio de Janeiro, that combines Augmented and Virtual Reality Technology, Design and Intelligence to respond to the challenges and demands of today’s users and consumers.
YDreams Global works as a partner for companies and brands to reframe their strategy through relevant human-centered ventures that integrates digital experience with the physical presence and venues. YDreams Global anticipates future challenges and connects them with the needs of the market, building innovative concepts and delivering them with international excellence.
YDreams Global have developed over 1,000 projects for clients all over the world, such as Disney, NBA, Adidas, Cisco, Nokia, Nike, Mercedes Benz, Coca-Cola, Santander, AmBev, Qualcomm, Unilever, City of Rio and Fiat.
More Information:
Daniel Japiassu
Director and Chief Executive Officer
hey@ydreamsglobal.com | www.ydreamsglobal.com | www.youtube.com/ydreamsglobal
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Click here to connect with YDreams Global Interactive Technologies Inc. (TSXV:YD) for an Investor Presentation. 

Source: www.newsfilecorp.com

Sierra Wireless Reports Second Quarter 2022 Results

Revenue in Q2'22 was $188.0 million and Adjusted EBITDA was $22.4 million

Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) reported results for its second quarter of 2022. All results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles ("U.S. GAAP" or "GAAP"), except as otherwise indicated below. 1

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BlackBerry Cyber Insurance Study Reveals Businesses Hope for Greater Assistance in Paying Ransomware Demands

Eighty-one percent of respondents had a coverage limit under $600,000 below last year's median ransomware demand

WATERLOO, ON , Aug. 10, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB) (TSX: BB) and Corvus Insurance today released the BlackBerry Cyber Insurance Coverage study, showing businesses are increasingly concerned about how they will meet ransomware demands. Only 19 percent of those surveyed have ransomware coverage limits above $600,000 , while over half (59 percent) hoped the government would cover damages when future attacks are linked to other nation-states.

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BlackBerry Cyber Insurance Study Reveals Businesses Hope for Greater Assistance in Paying Ransomware Demands

Eighty-one percent of respondents had a coverage limit under $600,000 below last year's median ransomware demand

WATERLOO, ON , Aug. 10, 2022 /PRNewswire/ -- BlackBerry Limited (NYSE: BB) (TSX: BB) and Corvus Insurance today released the BlackBerry Cyber Insurance Coverage study, showing businesses are increasingly concerned about how they will meet ransomware demands. Only 19 percent of those surveyed have ransomware coverage limits above $600,000 , while over half (59 percent) hoped the government would cover damages when future attacks are linked to other nation-states.

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Semtech Corporation to Acquire Sierra Wireless

Creating a comprehensive IoT platform to enable the transformation to a smarter, more sustainable planet

  • Brings together the ultra-low power benefits of LoRa® with higher bandwidth capabilities of cellular for easy to use, interoperable solutions that enable innovation and growth for IoT globally
  • Expected to approximately double Semtech annual revenue and add greater than US$100 million of high margin IoT Cloud services recurring revenues
  • Expected to expand Semtech's IoT SAM by approximately 10x to US$10 billion by 2027
  • Expected to be immediately accretive to Semtech's non-GAAP EPS before synergies and generate US$40 million of run-rate operational synergies within 12-18 months post-close

Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, Inc. (Nasdaq: SWIR) (TSX: SW), a world-renowned Internet of Things (IoT) solutions provider, today announced a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for US$31 per share in an all-cash transaction representing a total enterprise value of approximately US$1.2 billion, subject to customary closing conditions. The acquisition will significantly expand Semtech's addressable market and is expected to approximately double Semtech's annual revenue and create a strong and diverse portfolio of connectivity solutions for the growing IoT market, making it easier for customers to find innovative end to end solutions for any segment. The deal is also expected to be immediately accretive to Semtech's non-GAAP EPS before synergies and generate US$40 million of run-rate operational synergies within 12-18 months post-transaction close.

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Sierra Wireless Announces Preliminary Second Quarter 2022 Financial Results

Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today reported preliminary financial results for its second quarter of 2022. All results are reported in U.S. dollars and are prepared in accordance with the United States generally accepted accounting principles ("GAAP"), except as otherwise indicated below.

For the second quarter of 2022, preliminary revenues are expected to be between $185 million and $189 million. Adjusted EBITDA* is expected to be between $21 million and $23 million, as compared to first quarter 2022 adjusted EBITDA* of $15.8 million.

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Sierra Wireless Confirms Discussions Regarding a Potential Transaction with Semtech

Sierra Wireless, Inc. (NASDAQ: SWIR) (TSX: SW) today confirmed that it has engaged in advanced discussions regarding a potential transaction with Semtech Corporation (NASDAQ: SMTC) at a price of US$31 per share.

No assurance can be given that the Company will determine to continue such discussions or enter into any definitive agreement regarding any transaction or, if executed, whether any such transaction would be consummated. The Company does not intend to make any further press release or announcement regarding these matters unless and until it enters into a binding, definitive agreement with respect thereto.

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