Connect with us

FTC abandons further fight against Qualcomm

Published

on

The US Federal Trade Commission (FTC) will no longer pursue an antitrust case against Qualcomm. This decision was made four years after the commission filed a lawsuit, accusing the company of anti-competitive practices.

In 2019, the commission won the case, but in 2020 the appellate court overturned that decision. Then the FTC spokesman said that the agency will consider possible options for retaliatory steps. It seems that it was decided to abandon the continuation of the struggle.

FTC Acting Chair Rebecca Kelly Slaughter issued a statement saying the agency “will not ask the Supreme Court to reconsider” an appeals court’s ruling last year.

According to the FTC, the manufacturer “acted illegally, harming competitors’ sales, reducing their ability and incentives to innovate, and increasing the prices consumers pay for cell phones and tablets.” The agency accused Qualcomm of monopoly abuse and demanded that the company renegotiate billions of dollars in licensing agreements with smartphone makers. In addition, Qualcomm was accused of refusing to license patents to competitors.

However, the appellate court ruled that the actions of the chip manufacturer were not unlawful. And although the FTC does not agree with the decision of the appellate court, “given the significant obstacles that the Commission faces in this matter,” it was decided to stop.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Phones

Four iQOO smartphones will receive Android 12 in December

Published

on

The iQOO brand has revealed Android 12 release dates for a number of its models. True, we are not yet talking about the final version of Android 12 – it will have to wait longer.

IQOO 7, iQOO 7 Legend, iQOO Z3 and iQOO Z5 users will receive the Android 12 beta at the end of the year – at the end of December. And at the end of March 2022, the beta version of Android 12 will be released for iQOO 3.

Continue Reading

Phones

Another foldable smartphone comes out in November – with 120Hz OLED screen, Snapdragon 888 and 50MP camera

Published

on

Details about the Oppo smartphone with a flexible screen appeared on the web. According to the source, the device will be released in November and will be built on a single-chip Qualcomm Snapdragon 888 platform.

The smartphone does not have a name, but the key characteristics are listed. So, the device is assigned an OLED screen with a diagonal of 8 inches with a frame rate of 120 Hz, a 32-megapixel front camera and a multi-module main camera with a main sensor with a resolution of 50 megapixels, a 4500 mAh battery with support for 65 W fast charging. The operating system is expected to be Android 11 with ColorOS 12 interface. There is no price, but it will probably be more affordable than the Samsung Galaxy Z Fold3.

Continue Reading

News

Not a trace remained of $ 66,000. Bitcoin fell, followed by Ethereum

Published

on

The week began for the main cryptocurrencies of the world with a rise in price and the establishment of new price highs, and ends with a fall, and quite noticeable. Over the course of a day, Bitcoin loses about 4.5% of its value, and as a result, for 1 BTC now they give not $ 66,000, but about $ 60,500.

After Bitcoin began to fall, Ethereum was still holding, but its rate had already gone down too, dropping below the psychological mark of $ 4,000. Analysts believe that such a fall in cryptocurrencies is due to their sell-off on the part of investors – they are fixing profits against the backdrop of a strong growth in value that has been observed since the end of September. This means that after the current correction, Bitcoin may rush to new heights, but whether altcoins will follow it is a big question.

Not a trace remained of $ 66,000.  Bitcoin fell, followed by Ethereum

Interestingly, against the background of a decrease in quotations of other cryptocurrencies from the Top 10, Solana feels very confident: it grew by almost 6% per day, and by almost 25% in a week.

Continue Reading

Most Popular