Nearly one year after Qualcomm received a $773 million fine by Taiwan’s Fair Trade Commission regarding how the company prices smartphone chips and patents, Qualcomm this week reached a settlement agreement with the Taiwanese regulators that „reverses most“ of the $773 million fine.
In the settlement, Qualcomm will invest $700 million over the next five years to „boost research activities in Taiwan.“ The company will also stop paying fines and retains the right to charge manufacturers royalties on its technology. The Taiwanese regulators will keep around $89 million in fines already paid by Qualcomm and „waive the [...]
Customers who purchased a Kindle e-book between April 1, 2010 and May 21, 2012 may be receiving a credit from Amazon this morning as the retailer continues distributing funds from an antitrust lawsuit levied against Apple back in 2013 by the United States Justice Department.
Emails were sent out to eligible customers in the United States this morning, and Amazon has also set up a website that will list available credits for those who are eligible for a refund.
Apple, along with five other publishers including HarperCollins, Simon and Schuster, Hachette Book Group, Macmillan, and Penguin, was found guilty of conspiring to inflate the prices of e-books to weaken [...]
Nokia disclosed its financial results for the second quarter of 2017 this week, and within the results the company mentioned that it received an „up-front cash payment“ of approximately €1.7 billion ($2 billion), part of which was said to be recognized during the Q2 2017 results. Nokiamob then reached out to Nokia, and the company confirmed that the cash payment came from Apple.
The payment is part of a settlement agreement reached between Apple and Nokia in May of this year, regarding a lawsuit began by Nokia in December 2016. In the original lawsuit, Nokia sued Apple in the United States and multiple other countries, with a complaint that stemmed from a [...]
Apple and Qualcomm have been embroiled in a bitter legal battle since the beginning of the year, and though the fight has escalated in recent weeks, Qualcomm CEO Steve Mollenkopf today told Fortune that an out of court settlement is not out of the question.
„There’s not really anything new going on,“ Mollenkopf said speaking at the Brainstorm Tech conference in Aspen. About the Apple dispute, he explained „those things tend to get to resolved out of court and there’s no reason why I wouldn’t expect that to be the case here.“
Mollenkopf went on to say that he has no specific news of a settlement and that nothing new has happened [...]