The tech giant says it took up about 54% of the global market share for 5G phones, citing Counterpoint data.
The company also announces that it will bring 5G to the Galaxy Tab S6 tablet in South Korea in Q1.
Alphabet CLO sells $77M of stock
Alphabet (GOOG -0.3%)(GOOGL -0.3%) chief legal officer David Drummond has sold $77M worth of stock in a pre-arranged sale, including unloading the rest of his Class A shares.
The sale marks the third consecutive month that Drummond sold over $70M in shares.
Alphabet is currently investigating Drummond for alleged sexual misconduct.
FCC accepting comments on Huawei, ZTE risks
The FCC says it will accept public comment on its determination that Huawei and ZTE (OTCPK:ZTCOY,OTCPK:ZTCOF) pose national security risks after last month’s Huawei petition challenging the decision.
In November, the FCC voted unanimously to block U.S. rural carriers from using an $8.5B government fund to buy equipment or services from the Chinese equipment makers.
Lenovo launching Microsoft Teams device
At CES, Lenovo (OTCPK:LNVGY,OTCPK:LNVGF) will debut the ThinkSmart View conferencing device that’s meant to work with Microsoft (MSFT -0.6%) Teams.
View pricing starts at $349, making the device an affordable alternative to its high-end ThinkSmart Hub 500.
The View will launch later this month.
Teams competitor Slack (WORK -1.3%) is trading down after the news.
Snap acquires AI Factory for $166M – reports
Snap (SNAP +1%) has (quietly) acquired AI Factory, a Ukrainian computer vision start-up, for $166M, TechCrunch notes.
Snap had already worked with AI Factory to create its new Cameos feature providing animated selfie-based videos.
AI Factory was founded by Victor Shaburov, a former Snap director of engineering who had come to the company through a similar acquisition of his previous firm Looksery.
The Looksery acquisition in 2015 also amped up Snap’s features for animated selfie lenses.
