Battle of Broadcom claims its first victim: Paul Jacobs out as Qualcomm's executive chair

The Jacobs’ family semiconductor business, otherwise known as Qualcomm, has been battered by market forces in recent years and is now trying to fight a hostile takeover bid by Broadcom. While it remains to be seen whether Qualcomm will survive as an independent business, it seems the founder’s scion will no longer have a hand in […]