Judge Rules For FTC Against Qualcomm in Antitrust Case

U.S. District Judge Lucy Koh sided with the Federal Trade Commission’s antitrust lawsuit against Qualcomm, finding that it “unlawfully stifled competition in the market for wireless chips.” This brings uncertainty to Qualcomm’s core business of licensing its patents; Koh ruled that the company must renegotiate all existing patent license deals. That could result in lower costs for Apple and other smartphone makers. The Trump administration has pointed to Qualcomm as a “keystone” in the U.S. tech competition with China. Continue reading Judge Rules For FTC Against Qualcomm in Antitrust Case

Apple to Roll Out Higher-End AirPods, Other Audio Products

Apple is planning to introduce higher-end AirPods, a next-gen HomePod and studio-quality over-ear headphones as early as 2019, say sources. With regard to the new AirPod, which will likely be priced more than the current earbuds’ $159, Apple is trying to increase the range that it can work away from an iPhone or iPad, and is adding noise-cancellation and water resistance against rain and sweat. A wireless charging case compatible with the upcoming AirPower charger is also in the works. Continue reading Apple to Roll Out Higher-End AirPods, Other Audio Products

Walmart in Talks to Buy Into Indian E-Commerce Site Flipkart

Walmart is negotiating to acquire a majority stake in Flipkart, India’s leading e-retailer; sources say the deal could “be announced soon” although “exact terms are not yet final and the talks are fluid.” Flipkart would be valued at $20 billion, according to two of the sources, and Walmart hopes to purchase at least a 60 percent stake in the company. Although buying a majority stake in Flipkart would open up a vast new market for Walmart, which is in heated competition with Amazon, some analysts say the move is risky. Continue reading Walmart in Talks to Buy Into Indian E-Commerce Site Flipkart