South Korea’s antitrust regulator fined Qualcomm Inc 1.03 trillion won for what it called unfair business practices in patent licensing and modem chip sales, a decision the U.S. chipmaker said it will challenge in court. The fine, the largest ever levied in South Korea, marks the latest antitrust setback for Qualcomm’s most profitable business of licensing wireless patents to the mobile industry, at a time when the business is facing headwinds from a cooling smartphone market.
Category: Startups
Facebook Safety Check creates false alarm in Bangkok
Facebook users in Bangkok were falsely alerted to an “explosion” in the Thai capital, after the social network activated its Safety Check feature. It allows Facebook users in danger zones to mark themselves as safe, but in this instance was triggered by a protestor throwing firecrackers.
Why Apple Inc.’s Next iPad Pro Won’t Be Delayed Due to Chip Yields
“TSMC is scheduled to start making Apple’s A10X chips for the next-generation iPad series slated for launch in March 2017,” the report says. DigiTimes , citing industry sources, explains that “unsatisfactory yields for the foundry’s 10nm process could disrupt the schedule.”
FitBit App Performance Is a ‘Fuzzy Metric,’ New York Times’ Manjoo Says
FitBit’s fitness trackers seem to have been a hot gift based on its performance on Apple’s App Store chart. Shares of FitBit were surging by 7% to $7.80 in early afternoon trading on Tuesday, after its app hit number one for free apps in the Apple App Store over the weekend.
Why Apple Is the Most Perfect Investment for 2017
In other words, recommending Apple requires some work and basic understanding of potential catalysts. Jumping into Apple ahead of the New Year requires a reflection on the year that has been, however.
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Staying relevant through constant innovation and disruption is more important in the tech industry than in arguably any other sector. By investing heavily in research and development , these companies are making expensive bets on the future and what technology and trends will lead it — along with their own sales and profits.
Better Buy: Alliance Resource Partners LP vs. CONSOL Energy Inc.
If you are an investor looking at this pair, your primary question might be which one has a brighter future in the energy market. However, if you are an income investor, you might find owning a great business in a fading industry is just your speed.
AT&T Intros Tool To Stop Spam Calls
Robocalls have become a “scourge” on U.S. consumers, Federal Communications Commission Chairman Tom Wheeler said this past summer upon calling on the tech industry to help find solutions. One proposed fix, just launched by AT&T, is to provide wireless customers with automatic blocking of fraudulent calls and warnings of suspected spam calls.
Why 2017 Is the Year to Invest in IoT Stocks
Investors have likely heard a lot about the Internet of Things . The term refers to the connection of formerly unconnected things to the Internet, so that they can collect data or automate processes.
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This week has proven to be a disappointment for bullish investors who were hoping to see the Dow Jones Industrials reach a historic 20,000 milestone. Friday brought slight gains to the overall stock market, but they weren’t enough to push the Dow into uncharted territory, and advances for most major market benchmarks were limited to less than a quarter of one percent.
FCC Adopts Globalstar Order
Globalstar, Inc. is very pleased to announce that the Federal Communications Commission adopted a Report and Order based on Globalstar’s Revised Proposal for terrestrial authority over the Company’s 11.5 MHz of licensed 2.4 GHz spectrum.
Better Buy: Ambarella Inc vs. Advanced Micro Devices, Inc.
Investors looking for a semiconductor play might look to Ambarella’s beat-down stock as a turnaround play, or they might be tempted into hitching a ride with AMD in hopes of more gains. But which is really the better buy? AMD’s stock price gains have come as the company made solid improvements to its revenue, expanded its position in the graphics processing unit market, and looks to opportunities in new markets like virtual reality .
Tesla Raises U.K. Prices After Brexit Vote
One of the world’s most devoted gearhead clubs is about to get a little pricier in the U.K. as a result of the country’s vote to leave the European Union. Tesla Motors will increase prices in the U.K. by 5% in 2017, a move attributed to the falling pound and described as “due to currency fluctuations,” a company spokeswoman said.
Here’s How to Profit Now as Apple Thumbs Its Nose at Donald Trump
Despite the president-elect’s threats, the technology company is making inroads in India, which could be a boon for investors. Technology juggernaut Apple has thumbed its nose at President-elect Donald Trump, and investors seem to approve , sending the stock higher.
InvenSense’s Stock Soars To Lead NYSE Gainers After TDK Merger Deal
InvenSense Inc.’s stock soared 17% toward a 16-month high in morning trade Wednesday, enough to be the top gainer on the NYSE, after the sensor platform maker agreed to be acquired by Japan’s TDK Corp. in a deal valued at $1.3 billion. Under terms of the deal, TDK will pay $13 for each InvenSense share, a 20% premium to Tuesday’s closing price of $10.84.
FINRA Fines Wells, Others $14M for Records’ Changeable Format
The Financial Industry Regulatory Authority said it fined several Wells Fargo & Co businesses, RBC Capital Markets, LPL Financial and others a combined $14.4 million on Wednesday for record-keeping problems that may have allowed company and customer documents to be altered. The securities industry’s self-regulator found that the firms failed to keep hundreds of millions of electronic documents in a “write once, read many” format, which would have made it impossible to alter or destroy records after they were written.
Intel, Home Depot, UPS, Dollar General Want to Pay You More
Here’s a look at four stocks that are ready to give investors a raise at the start of 2017. We’re coming up on the final stretch of 2016, which means that a slew of companies are gearing up to give investors a fatter paycheck in the weeks ahead.
EU watchdog probes Facebook over WhatsApp merger
The EU’s executive body on Tuesday gave Facebook until Jan. 31 to answer a “statement of objections” about merger information the social media giant gave the Commission two years ago. The Commission, the EU’s merger and anti-trust watchdog, is concerned that Facebook can match its users’ accounts with WhatsApp user accounts.
Why Shares of Globalstar Inc. Rocketed Higher Today
The FCC is reportedly set to consider a new proposal from the company after a previous plan was shot down earlier this year. surged on Monday following news that the Federal Communications Commission has drafted a new proposed order in response to a revised proposal that Globalstar filed on Nov. 9. The stock was up 47% at 10:45 a.m. EST.
BlackBerry Opens Site to Shore Up Self-Driving Car Research
BlackBerry Ltd. and Canada are opening a research center for self-driving cars that raises the possibility of government backing for the former smartphone maker’s automotive software unit. Chief Executive Officer John Chen and Prime Minister Justin Trudeau announced the center at QNX’s headquarters near Ottawa, Ontario, where it will be based.
Nintendo Tumbles as Super Mario Run Game Debuts to Tepid Reviews
The stock tumbled 4.4 percent as of 10:36 a.m. on Monday, bringing its losses since the game’s debut last week to 8.4 percent. Nintendo’s partner DeNA Co., which helped with the game’s development, has dropped 12.4 percent in the same period.
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Micron’s stock has risen more than 40% so far in 2016, easily outpacing the Nasdaq ‘s 8% return. However, since the end of the dot-com bubble sell-off around the start of 2003, a far more important long-term pattern has emerged that anyone considering investing in Micron ought to consider: have also underperformed the tech-heavy Nasdaq, Micron shares have performed slightly worse than Intel while also proving far more volatile in the process.
How Pandora Fell From 1 of the First Players in Music Streaming to 1 of the Last
In this clip from Industry Focus: Tech , Motley Fool analysts Dylan Lewis and David Kretzmann take a look at Pandora’s less-than-spectacular 10-year run in the streaming business, how its competition became so incredibly difficult to face off against, and why it’s going to be so hard for Pandora to recover its edge. 10 stocks we like better than Pandora Media When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
2 More Insights From Apple Inc.’s Job Boards
Apple, like most major companies, doesn’t divulge too many specifics on the projects that it’s working on in these listings. Nevertheless, it’s not hard to get some sense of what broad themes and ideas the company is investing in by carefully observing these listings.
Better Buy: NVIDIA Corporation vs. Broadcom
As we hurdle toward the finish line, 2016 will go down as a uniquely active year in the semiconductor market. Spurred on by the onset of several generational tech trends — the Internet of Things , artificial intelligence, self-driving cars, and the like — major semiconductor companies have gone on a buying spree to prepare them to cash-in on this growth.
Netflix Offline Viewing Does More Than Satisfy Subscriber Demand
In this segment of Industry Focus: Consumer Goods , Vincent Shen is joined by Fool.com contributor Daniel Kline as they discuss the recent news that Netflix will be rolling out part of its massive content library for offline viewing and what it means for the company. 10 stocks we like better than Netflix When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
Study shows that giving children computers has little impact on school performance
The National Bureau of Economic Research has found that the benefits of having a computer at home for children are subtle and somewhat counterintuitive. For better or for worse, homework has gone online.
The Inside Story of Apple’s $14 Billion Tax Bill
“The Maxforce” is the European Union team that ordered Ireland to collect billions of euros in back taxes from Apple Inc., rattled the Irish government, and spurred changes to international tax law. You’d think it might have earned the name by applying maximum force while investigating alleged financial shenanigans.
Wells Fargo Wants a Quiet End to Its Scandal, Risking More Noise
Wells Fargo & Co.’ s attempt to force aggrieved customers into closed-door arbitration over its fake-accounts scandal is drawing a legislative backlash in its home state of California and risks subjecting the bank to another round as a public punching bag.
1 Reason NVIDIA Investors Need to Worry
The second-place player in this segment, Advanced Micro Devices lags NVIDIA by a huge margin as it commanded just 29% of the discrete GPU market in the third quartert, according to Jon Peddie Research. However, a year ago, NVIDIA’s dominance in the discrete GPU market was even greater.
Android flaw puts billions at risk
Almost one billion Android devices are affected by a serious security flaw which can give attackers access to all data and hardware, including the camera. The vulnerability, dubbed ‘Quadrooter’ was flagged by researchers from Check Point, an international cyber security company.