Apple has filed a $1bn lawsuit against Qualcomm accusing the chipmaker of abusing a monopoly position, after the US and South Korean regulators argued it exploited its market dominance at the expense of handset makers. Shares in Qualcomm fell 2.4 per cent to $62.88 just before the markets closed on Friday when the lawsuit was published. This is the first direct challenge by one of Qualcomm’s major […]
President Trump’s brief inaugural speech was a declaration of war against the entirety of the American Ruling Establishment. All of it. As Paul Craig Roberts details, Trump made it abundantly clear that Americans’ enemies are right here at home: globalists, neoliberal economists, neoconservatives and other unilateralists accustomed to imposing the US on the world and involving us in endless and expensive wars, politicians who serve the Ruling […]
By Nate Raymond and Ju-min Park | NEW YORK/SEOUL NEW YORK/SEOUL The U.S. government has asked South Korea to arrest a brother of former U.N. Secretary-General Ban Ki-moon on charges that he engaged in a bribery scheme to carry out the sale of a Vietnamese building complex, a U.S. prosecutor said on Friday. During a court hearing in federal court in Manhattan, Assistant U.S. Attorney Daniel Noble […]
SEOUL South Korea’s culture minister was arrested on Saturday suspected of involvement in drawing up a blacklist of artists critical of President Park Geun-hye amid a graft scandal that led to the president’s impeachment by parliament. Cho Yoon-sun is the first sitting minister ever to be arrested, the special prosecutor’s team, which had applied for an arrest warrant, said. Seoul District Court said on Saturday in a […]
Apple on Friday filed a suit against Qualcomm, accusing the chipmaker of withholding contractual payments it owed in retaliation for Apple’s cooperation with South Korean regulatory investigators. The suit also charges Qualcomm “attempting to extort” the Cupertino company into obstructing the investigation. From the suit, filed in federal district court in the Southern District of California: Among Apple’s damages are nearly $1 billion that Qualcomm owes to […]
By Diane Bartz and Stephen Nellis Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday, days after the U.S. government accused the chip maker of resorting to anticompetitive tactics to maintain a monopoly over key semiconductors in mobile phones. Qualcomm is a major supplier to both Apple and Samsung Electronics Co Ltd for “modem” chips that connect phones to wireless networks. The two […]
Just hours after President Trump was sworn into office, amid Chuck Schumer’s jabs over HUD, the Senate has confirmed retired Marine General James Mattis as defense secretary and retired Marine General John Kelly as homeland security secretary. They were both expected to be confirmed easily, and were, but Democrats promised fights over several other nominees. Mattis was the first to be confirmed by a vote of 98 […]
President , newly sworn in, says he plans to name his nominee for the U.S. Supreme Court within two weeks of taking office. The confirmation of his nominee would restore a conservative majority on the closely divided bench that many Republicans feared was lost when Justice Antonin Scalia died last February. But it will take more work, […] (via WSJ)
British investigators have opened “fresh lines of inquiry” into bribery and corruption at several companies, thanks to evidence gathered in a four-year investigation into illegal behaviour at Rolls-Royce. Ben Morgan, joint head of bribery and corruption at the Serious Fraud Office, told the Financial Times that information collected on a network of corrupt middlemen operating on behalf of Rolls-Royce and other companies was being pieced together “not […]
Brexit’s impact on the UK economy weighed on sterling traders at the end of another turbulent week for the devalued currency following the publication of disappointing retail sales, sending the pound sharply lower. December’s seasonally adjusted sales, minus fuel, were 2 per cent lower than in November, the worst monthly decline in more than five years. The pound had begun the day higher, but the data reversed […]
It’s official: at exactly noon on January 20, Donald Trump was sworn in as the 45th president of the US. Supreme Court Chief Justice United States John Roberts administered the oath of office to Trump, as he vowed to “faithfully execute the Office of the President of the United States.” As he took the oath, Trump placed his hand on the Bible used by President Lincoln at […]
The Samsung Galaxy J7 smartphone (2017) model – believed to be the successor of the Galaxy J7 (2016) – is in the news again. Close on the heels of the alleged mobile case for the smartphone leaking online on Amazon, the handset has received the green signal from the Federal Communications Commission (FCC). The latest news comes courtesy priceraja.com, which reveals that the Samsugn smartphone has received […]
The point of the EcoVilla is not to ‘wow’ architectural critics but to meet the expectations of local families, to be comfortable and, most importantly, to deliver on its environmental and commercial potential. The internal courtyard. Looking up to the solar PV panels on the roof of the EcoVilla. The addition of solar panels allows the home to generate enough energy over the course of a 12-month […]
The proposed Constitution comes during a period of emergency rule, also approved by Parliament, in the wake of the failed coup attempt in July against Mr. Erdogan. Since then, he has ordered the dismissal of 100,000 state employees and the jailing of more than 40,000 others suspected of supporting the coup. He has also cracked down on the independent news media, jailing about 140 journalists in the […]
By: ANI | Islamabad | Published:January 19, 2017 9:59 am Pakistan Prime Minister Nawaz Sharif’s son Hussain Nawaz earned USD 1.9 million which he remitted to his father as a gift in 2011. (File) The Pakistan Supreme Court (SC) has directed Prime Minister Nawaz Sharif’s son Hussain Nawaz to explain how he earned USD 1.9 million which he remitted to his father as a gift in 2011. […]
By Yashaswini Swamynathan U.S. stock index futures treaded water on Friday ahead of Donald Trump’s inauguration as the 45th U.S. President. * Futures also got a lift after Federal Reserve Chair Janet Yellen backed her stance for gradual interest rate increases on Thursday. * Trump, a New York businessman and former reality TV star, is scheduled to be sworn in around midday by Supreme Court Chief Justice […]
SEOUL South Korea’s special prosecutor’s office said on Friday it summoned a Samsung Electronics Co Ltd executive for questioning as it investigates a widening influence-peddling scandal that has embroiled President Park Geun-hye. The office said it had summoned Executive Vice President Hwang Sung-soo for questioning at 2 p.m. (0500 GMT) on Friday, adding he was classified as a witness. It did not elaborate. Hwang is the fifth […]
Thirty people still missing at Italian hotel buried by massive avalanche | Reuters ‘+Reuters.inlinevideo.title+’ ‘+Reuters.inlinevideo.length+’ ‘); } PENNE, Italy Rescuers dug all night in deep snow and debris in search of some 30 missing people who were staying in a luxury mountain hotel in Italy when an avalanche struck almost two days ago. Officials have confirmed finding two bodies, while Italian media said two more were located […]
January 20, 2017 by: Jude Webber in Mexico City One the eve of Donald Trump’s inauguration, Mexico has extradited Joaquín “El Chapo” Guzmán, the country’s most powerful drug lord, to face trial in the US. Mr Guzmán, at one time credited with smuggling half of all the illicit drugs entering the US, twice escaped from maximum security jails in Mexico, most recently in 2015 through a tunnel […]
By Nate Raymond | NEW YORK CITY NEW YORK CITY Mexican cartel kingpin Joaquin “El Chapo” Guzman is expected to appear in a court in New York on Friday, shortly after his surprise extradition from Mexico ended a decades-long career in drug-trafficking, dare-devil jail breaks and murder. A Justice Department spokesman said El Chapo, or Shorty, once one of the world’s most wanted drug lords, was set […]
The new UAE fire and life safety code is expected to be released on January 22 – but it will not be retrospective. Considering that upgrading the code was made more urgent by the alarming string of fires in existing residential buildings and the realisation that more than 1,000 buildings in the UAE still have a form of external cladding that is at high risk of rapidly […]
When it comes to bare-knuckle political lobbying, 12-year-old Claudia Conway is a chip off the old block. Today her mother, Kellyanne Conway, the Republican pollster credited with turning round Donald Trump’s presidential campaign, will be celebrating her 50th birthday at the inauguration of the 45th President of the United States. As his special counsellor, Conway is looking forward to life as the most powerful woman in the […]
Donald Trump vowed to make America “greater than ever before” as he stood framed by Washington’s Lincoln Memorial and addressed a crowd of supporters on the eve of his inauguration as the 45th president of the United States. “It’s a movement like we’ve never seen anywhere in the world,” the former property developer and reality television star declared before fireworks lit up the sky above the National Mall […]
ISLAMABAD: Leaders of the Pakistan Muslim League-Nawaz (PML-N) claimed on Thursday that Prime Minister Nawaz Sharif had cleared himself in the Panama Papers case. They accused Pakistan Tehreek-i-Insaf (PTI) chairman Imran Khan of being involved in money laundering and tax evasion and misleading the parliament through his misstatement about his properties in London and Islamabad. “After today’s argument by his lawyer, the prime minister has cleared himself […]
