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Connected car prices may rise if Qualcomm wins antitrust case: auto makers

The cost of cars equipped with ultra-fast 5G wireless technology is likely to go up if microchip supplier Qualcomm Inc’s patent licensing practices fail to change, a trade group representing major automakers and two leading automotive suppliers said in court filings on Friday.

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UPDATE 1-Connected car prices may rise if Qualcomm wins antitrust case -auto makers

The cost of cars equipped with ultra-fast 5G wireless technology is likely to go up if microchip supplier Qualcomm Inc’s patent licensing practices fail to change, a trade group representing major automakers and two leading automotive suppliers said in court filings on Friday. Qualcomm is seeking to overturn a sweeping antitrust decision requiring it to renegotiate its licensing agreements at reasonable prices. Appeal proceedings in the case brought by the U.S. Federal Trade Commission are expected to begin in January, but Qualcomm’s opponents are weighing in early to argue that the anti-trust decision should be allowed to …read more […]

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U.S. authorities arrest Ethereum research scientist Virgil Griffith for assisting North Korea in evading sanctions

The office of the U.S. Attorney for the Southern District of New York and the FBI announced today that it has arrested and charged Virgil Griffith for violating the U.S.The post U.S. authorities arrest Ethereum research scientist Virgil Griffith for assisting North Korea in evading sanctions appeared first on The Block. …read more […]

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Cannabis might finally be reversing course: TG Watkins

With stocks breaking out to new highs, many investors are wondering whether this rally can last through the end of the year. TG Watkins, the Director of Stocks at Simpler Trading, thinks small caps are even breaking out which is a clear sign that this rally has legs.

Even more, one particular sector he likes is cannabis, which might be getting ready to finally reverse course as The MORE Act removes the marijuana plant from the federal Controlled Substances Act. …read more […]

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Musk's defamation trial over 'pedo guy' tweet is narrowed

The British cave explorer who sued Tesla Inc’s Elon Musk for branding him “pedo guy” in a tweet has narrowed his defamation case against the electric car maker’s chief executive, and is no longer seeking damages for an emailed suggestion he might be a child rapist. Vernon Unsworth, who has denied the allegations, chose to pursue liability and damages claims at a scheduled Dec. 3 negligence trial only for Musk’s tweets allegedly calling him a pedophile, U.S. District Judge Stephen Wilson said in a Wednesday order. The judge also decided not to split up the trial to assess …read more […]