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a 5G exhibition at the Qualcomm booth during CES 2019. Photo: Robyn Beck/AFP via Getty Images

Along with quarterly earnings, Qualcomm disclosed on Wednesday that European regulators are investigating whether the wireless giant leveraged its position in the 5G modem business to boost its position in radio frequency chips.

Context: Qualcomm has tangled frequently with regulators around the globe. It has faced previous issues in Europe and a settled probe in China, and is now fighting an unfavorable ruling in the U.S.

Qualcomm said in a regulatory filing that it received a request for information from European regulators on Dec. 3 and is in the process of responding.

  • While it doesn't believe its business practices violate the law, it said "it is difficult to predict the outcome of this matter" and noted it could be fined up to 10% of annual revenue.

Go deeper: Rivals weigh in on Qualcomm's antitrust appeal

Go deeper

Tech scrambles to derail inauguration threats

Illustration: Sarah Grillo/Axios

Tech companies are sharing more information with law enforcement in a frantic effort to prevent violence around the inauguration, after the government was caught flat-footed by the Capitol siege.

Between the lines: Tech knows it will be held accountable for any further violence that turns out to have been planned online if it doesn't act to stop it.

Dave Lawler, author of World
4 hours ago - World

Uganda's election: Museveni declared winner, Wine claims fraud

Wine rejected the official results of the election. Photo: Sumy Sadruni/AFP via Getty

Yoweri Museveni was declared the winner of a sixth presidential term on Saturday, with official results giving him 59% to 35% for Bobi Wine, the singer-turned-opposition leader.

Why it matters: This announcement was predictable, as the election was neither free nor fair and Museveni had no intention of surrendering power after 35 years. But Wine — who posed a strong challenged to Museveni, particularly in urban areas, and was beaten and arrested during the campaign — has said he will present evidence of fraud. The big question is whether he will mobilize mass resistance in the streets.

Off the Rails

Episode 1: A premeditated lie lit the fire

Photo illustration: Sarah Grillo/Axios. Photo: Chip Somodevilla/Getty Images

Beginning on election night 2020 and continuing through his final days in office, Donald Trump unraveled and dragged America with him, to the point that his followers sacked the U.S. Capitol with two weeks left in his term. Axios takes you inside the collapse of a president with a special series.

Episode 1: Trump’s refusal to believe the election results was premeditated. He had heard about the “red mirage” — the likelihood that early vote counts would tip more Republican than the final tallies — and he decided to exploit it.

"Jared, you call the Murdochs! Jason, you call Sammon and Hemmer!”