Software was sticking point in Apple-Qualcomm Spat, executive emails suggest
20 January 2019 | 4:11 pm
Billions of dollars in chip supply deals involving Apple Inc. and Qualcomm Inc. may have actually collapsed over a squabble about software access, rather than the patent fees that sparked a bitter legal battle between the two technology giants, according to the emails seen by Bloomberg.
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In the latest case in a legal battle between the US chipmaker and US smartphone brand, a German court gave the nod to the chipmaker. It means older iPhones will come off the shelves of Apple stores in Germany.
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South Africa's budget announcement includes a pledge to spend billions on ailing state electricity company Eskom. A funeral for Egypt's former leader Hisni Mubarak focuses on his military past rather than his political legacy. And finally refugees who have been living in Kenya's Kakuma camp return home to eastern Ethiopia motivated in part by recent political and economic reforms in their country.
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The economic crisis wrought by COVID-19 has seen several German companies resort to using state aid to keep their employees paid. Yet some of those companies still plan on paying out billions to their shareholders.
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Wirecard was said to have $2.1 billion in two Philippine banks, but the country's central bank said that documents linking them to the money were fake. The German financial startup has been marred by fraud allegations.
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