Qualcomm's former CEO Paul Jacobs announced his privatization of Qualcomm

  According to the Wall Street Journal, former Qualcomm CEO Paul Jacobs announced plans to privatize Qualcomm and instead focus on his own startup Xcom Labs, which recently completed its first acquisition.

This decision also marks a shift in Paul Jacobs's attitude, after news that Paul Jacobs is raising funds to value and privatize Qualcomm.