Samsung Electronics has reportedly decided not to use its own application processor inside its next-generation Galaxy S IV flagship Google Android smartphone, but utilize a performance-mainstream system-on-chip from Qualcomm.

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Myhrvold has gotten his investors to lock up their cash with him in highly unorthodox funds with few strings attached for a very, very long time, in some cases as long as 20 years, or close to a generation, people familiar with IV say.

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