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Monday, February 9, 2015

Technology Report: Qualcomm pays $975 million, resolves China antitrust dispute

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Qualcomm pays $975 million, resolves China antitrust dispute
SAN FRANCISCO/BEIJING (Reuters) - Qualcomm Inc said on Monday it agreed to pay China a fine of $975 million, ending a 14-month government investigation into anti-competitive practices.
Exclusive: Qualcomm nears $1 billion deal resolving China antitrust dispute
BEIJING (Reuters) - Qualcomm Inc is likely to pay China a record fine of around $1 billion, ending a 14-month government investigation into anti-competitive practices, after the U.S. chipmaker and the regulator made significant progress during talks last week.
Amid mobile slump, Samsung needs more outside customers for its chips and panels
SEOUL (Reuters) - As Samsung Electronics Co Ltd sells fewer of its own smartphones, the South Korean group's components businesses are under pressure to pick up the slack and secure external customers for chips and display panels, including putting these in rival mobile devices.
RadioShack gets court approval for interim bankruptcy loan
WILMINGTON, Delaware (Reuters) - Bankrupt electronics retailer RadioShack Corp got court approval on Monday to borrow $10 million to support its operations until it opens the bidding this month for its best-performing stores.
New York plans cybersecurity reviews of insurers after breach
BOSTON (Reuters) - New York's Financial Services Department said on Monday it planned to do regular cybersecurity reviews of insurers in the wake of the massive breach at health insurer Anthem Inc .
Turkey tops countries demanding content removal: Twitter
ISTANBUL (Reuters) - Turkey filed over five times more content removal requests to Twitter than any other country in the second half of 2014, data published by the micro-blogging site showed on Monday.
ARM buys Dutch 'Internet of Things' software firm Offspark
LONDON (Reuters) - British chip designer ARM Holdings said on Monday it had bought Dutch firm Offspark, a specialist in security software for the Internet of Things.
Alibaba places China smartphone business bet with $590 million Meizu deal
BEIJING/SHANGHAI (Reuters) - China's Alibaba Group Holding Ltd is taking a $590 million stake in an obscure domestic smartphone maker as the e-commerce giant tests ways to expand its mobile operating system in a shrinking, cut-throat handset market.
Alibaba's Ant Financial valued at $30 billion amid funding talks: Caixin
SHANGHAI (Reuters) - Ant Financial Services Group, an affiliate of Chinese e-commerce titan Alibaba, is in negotiations for funding that have reached a "critical stage" and value the company at $30 billion, news magazine Caixin reported on Monday.
Beyond the breach: cyberattacks force a defense strategy re-think
SINGAPORE (Reuters) - A barrage of damaging cyberattacks is shaking up the security industry, with some businesses and organizations no longer assuming they can keep hackers at bay, and instead turning to waging a guerrilla war from within their networks.
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