Apple Inc is likely to pay graphics chip designer Imagination Technologies just one third of its current royalty rate as the smartphone giant wind downs their supply deal over the next two years, UBS estimated on Wednesday.UBS analysts predicted that Imagination would become loss-making by fiscal 2019 without any Apple royalty contributions and that the British chip designer will have to consider potential cost-cutting moves to redress the balance.Earlier this month, the British designer of graphical processing units used in smartphones said its largest customer would stop using its technology within 15 to 24 months, causing the stock to lose nearly two thirds of its value in a single day.The move sent shudders through Apple’s supply chain and has sparked investor jitters over whether Apple may rely more on its own in-house chip technology rather than external suppliers.Imagination is in talks with Apple on a new licensing deal. UBS forecasts Apple is likely to ratchet down the royalty rate it currently pays of around $0.30 to closer to $0.10 – the rate Imagination charges customers such as MediaTek.

Yahoo Inc (YHOO.O) reported a 22.1 percent increase in quarterly revenue on Tuesday, ahead of the sale of its core internet business to Verizon Communications Inc (VZ.N).Yahoo said revenue from Mavens – the mobile, video, native and social advertising units that it has touted as key emerging businesses – rose 35.6 percent to $529 million in the first quarter ended March 31.Net income attributable to Yahoo was $99.4 million, or 10 cents per share in the quarter, compared with a net loss of $99.2 million, or 10 cents per share, a year earlier.Revenue rose to $1.33 billion from $1.09 billion.Verizon in February agreed to buy Yahoo’s core business —whoch includes its internet search and email assets — for $4.48 billion, lowering its original offer by $350 million, in the wake of two massive cyber attacks at the internet company.Yahoo said on Tuesday it expects the deal to close in June.

International Business Machines Corp (IBM.N) reported a bigger-than-expected decline in revenue for the first time in five quarters due to weak demand in its IT services business, a sign that the company’s turnaround could take longer than expected.Shares of IBM, whose revenue has now fallen for 20 quarters in a row, tumbled 4.7 percent to $162 in trading after the bell on Tuesday. At current levels, the stock is set to more than erase its roughly 2.5 percent gain this year.With demand for its legacy hardware and software businesses stagnating, IBM has been shifting towards cloud-based services, security software, data analytics and artificial intelligence such as its supercomputer Watson, whoch once defeated human contestants in the quiz show Jeopardy.These “strategic imperatives”, spread across IBM’s various businesses, continued to grow in the first quarter, but failed to offset weakness in the company’s core operations, especially at the technology services and cloud platforms business.

Hot mot svenska journalister ökar och polisanmäls allt mer – och särskilt utsatta är kvinnliga opinionsbildare. Sju av tio har blivit utsatta för hot och trakasserier det senaste året, vilket för många leder till tankar om att sluta med journalistiken. Det visar en undersökning om hotet mot kvinnliga opinionsbildare genomförd av Sifo.Kulturnyheterna visar i en enkätundersökning att hoten mot journalister ökar. Samtidigt visar en ny undersökning på uppdrag av Tidningsutgivarna och det kvinnliga nätverket Klara K att kvinnliga opinionsbildare är mycket utsatta.Läs mer: Svenska medier: Hoten är organiserade och vill tysta oss.