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“The technologies invented by Qualcomm and others are what made it possible for Apple to enter the market and become so successful so quickly,” Don Rosenberg, Qualcomm’s general counsel, said in a statement. “We are gratified that courts all over the world are rejecting Apple’s strategy of refusing to pay for the use of our IP.”. In a statement, Apple said it was disappointed with the outcome. “Qualcomm’s ongoing campaign of patent infringement claims is nothing more than an attempt to distract from the larger issues they face with investigations into their business practices in U.S. federal court, and around the world,” Apple said. It declined to comment on whether it would appeal.
In other cases against Apple, Qualcomm has won sales bans on iPhones in Germany and China, though the Chinese ban has not been enforced and Apple has taken moves it believes allow it to resume sales in Germany, Qualcomm also suffered a setback with U.S, trade regulators who found that some iPhones infringed one of the San Diego-based company’s patents but declined to bar their importation into the United States, citing the damage such antique pearl cufflinks a move would inflict on rival Intel Corp, The verdict on Friday could come into play in the trial in April because it puts a per-phone dollar figure on some of Qualcomm’s intellectual property, Qualcomm’s patent licensing model relies on charging phone makers a cut of the selling price of the phone, a practice Apple has alleged is unfair and illegal..
During an earlier trial between Qualcomm and the U.S. Federal Trade Commission, Apple executives outlined their company’s extensive negotiations to reduce those license fees to $7.50 per phone for Qualcomm’s patents. The San Diego jury valued just three of Qualcomm’s patents in the company’s portfolio at $1.41, a figure that the chip supplier believes bolsters its contention that its licensing practices are fair. “The three patents found to be infringed in this case represent just a small fraction of Qualcomm’s valuable portfolio of tens of thousands of patents,” Rosenberg said in a statement.
WASHINGTON (Reuters) - A top U.S, banking regulator antique pearl cufflinks said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of “professional negligence,” after saying the auditor should have identified problems leading to the 2009 collapse of Alabama-based Colonial Bank, PwC did not confirm or deny the claims, but agreed to pay the settlement fine, the Federal Deposit Insurance Corporation (FDIC) said in a statement, The settlement is significantly lower than the $625.3 million a federal judge ordered the firm to pay the regulator in July..
Martin Gruenberg, an FDIC board member and its former chairman, dissented from the settlement because it did not require PwC to admit liability. The FDIC had sued the company in its role as receiver for Colonial Bank, which once had over $25 billion in assets and 340 branches. At the time, PwC had argued that the FDIC could recover $306.7 million at most, and that no damages were justified because numerous Colonial employees had interfered with its audits. U.S. District Judge Barbara Rothstein ruled in July that PwC failed to identify a long-running fraud between the bank and its largest customer, the mortgage lender Taylor, Bean & Whitaker. Both failed in 2009, and the FDIC alleged the bank helped Taylor conceal overdrawn accounts.
WASHINGTON (Reuters) - U.S, regulators will ask the public if robotic cars should be allowed on streets without steering wheels or brake pedals as they try to set the first legal boundaries for their design in the world’s second largest vehicle market, The U.S, National antique pearl cufflinks Highway Traffic Safety Administration has delayed action for 15 months on General Motors Co’s request to deploy a limited number vehicles on U.S, roads without steering wheels or other human controls such as a brake pedal..
In GM’s petition, NHTSA will for the first time compare a vehicle in which all driving decisions are made by a computer versus a human driver. NHTSA called it “an important case of first impression,” presenting “novel and important issues.”. The decision to move forward comes amid heightened concerns about automated piloting systems in vehicles and aircraft. A fatal 2018 accident involving a self-driving vehicle operated by Uber Technologies Inc and two deadly plane crashes involving highly automated Boeing 737 MAX airliners have put a spotlight on the ability of regulators to assess the safety of advanced systems that substitute machine intelligence for human judgment.
NHTSA is also seeking public comment on a separate petition by Softbank Corp-backed driverless delivery startup Nuro to deploy a limited number of low-speed, highly automated delivery vehicles without human occupants, For example, Nuro, which partnered with Kroger Co last year to deliver groceries, seeks approval not to include a windshield in the vehicle, The petitions want exemptions from U.S, vehicle safety rules antique pearl cufflinks largely written decades ago that assume human drivers would always be in control of a vehicle..