News of Note—Liberty Global, CNN, Philo, Qualcomm

News of note

Here's some of the other news we've been tracking today:

> Only four months after launching, CNN is pulling the plug on “The Update,” its daily second-day news program on Snapchat after struggling to monetize the program on Snapchat’s platform. FierceVideo story

> SVOD Philo debuted its new entertainment-only linear streaming service earlier this year. Priced at $16 per month, the service includes channels from cable programmers A+E, AMC, Discovery, Scripps and Viacom. And no sports, at least for now. FierceVideo story

> Liberty Global said it will sell its Austrian operations, UPC Austria, to T-Mobile Austria in a deal valued at $1.9 billion euros ($2.2 billion). Multichannel News story

> Shares of Qualcomm rose marginally after the company rejected all 11 of the nominees proposed by Broadcom and Silver Lake Partners to join its board. But the fight over control of the San Diego-based chipmaker will likely rage on. FierceWireless story