Trump meets with top tech CEOs
While no concrete new policies emerged from Monday's White House meeting with major technology executives, it seems like the parties got the optics they were seeking. The White House persuaded nearly all of the big name CEOs to come to the table, while the companies managed to make their voices heard, preserve their seat at said table, and seemingly avoid the backlash often noted after meetings with President Trump.
Meanwhile, one of the more interesting interchanges came between Trump and Apple CEO Tim Cook. Trump spoke about his push to add "more heart" to the health care bill, and Cook encouraged the president to also bring "more heart" to the debate over immigration issues. David McCabe has more here.
Apple fires latest salvo in patent fight with Qualcomm
Apple updated its lawsuit against Qualcomm today with even more vitriol plus several new legal claims.
The amended complaint, being filed today, adds dozens of new pages to the $1 billion lawsuit, but here are three of the biggest changes:
- Apple updated the suit to reflect the Supreme Court ruling in a case involving Lexmark. Apple alleges Qualcomm is seeking to be compensated twice for the same patents, and that the Lexmark ruling bolsters its case.
- It asked the court to throw out Qualcomm's counterclaims that Apple has interfered with the company's contracts and harmed its ability to profit from its chip innovation.
- Apple detailed more of the Qualcomm patents it believes are at issue in the dispute and asked the court to declare them either invalid, not infringed by Apple, covered by the purchase of chips, or all of the above.
Quick recap: The FTC sued Qualcomm in the waning days of the Obama administration, charging antitrust violations. This was followed days later by the lawsuit from Apple. Qualcomm filed a countercomplaint against Apple and also sued the companies that manufacture iPhones for withholding payments at Apple's behest.
Qualcomm invests in Amionx
Speaking of Qualcomm, it's taking a stake in Amionx, the battery tech startup we wrote about in March. The company aims to make batteries safer by keeping them from overheating. Amionx executives told Axios they have developed a fuse that kicks in when a battery hits a certain voltage, temperature, or current threshold.
You know, the kind of thing that maybe Samsung could have benefitted from during last year's Galaxy Note 7 fiasco.
Deal: Neither company would say how much Qualcomm was investing or how much Amionx has raised. However, a Qualcomm representative told Axios that the company is "committed to the successful commercialization of Amionx Safe Core, and firmly believe that this technology has tremendous market potential in consumer electronics, electric vehicles and energy storage." Plus Qualcomm is happy to see more jobs created in its home town of San Diego.
As part of the deal, Qualcomm president Derek Aberle will join Amionx' board.
Google can now put job listings right in your search results
As of today, certain job-related search-queries will yield job postings culled from different websites — and they'll show up right in your search results. Those postings will be augmented, in some cases, by the time it would take to commute from your house and by the employer's ratings.
Worth noting: While the program doesn't personalize results based on user data, it can rank job postings higher based on a user's location.
Addressing possible issues: We asked what the company was doing to deal with the possibility of discriminatory, socio-economic assumptions affecting its ranking of jobs. "If you wanted to be location agnostic, that's a very easy setting that you can change on Google," said product manager Nick Zakrasek. "But of course we're going to pay very close attention to unintended effects that might occur."
Why it matters: The project is part of a larger initiative called Google for Jobs that the company talked about at its annual Google I/O conference. It's also part of a larger trend of Google putting information directly in search results in an attempt to help people get more information without leaving Google's site.
Security fears at all-time high
Americans are increasingly alarmed about national security, according to the global Unisys Security Index released this morning.
- National security is the new number one security concern for Americans, kicking financial security out of the position of being the top fear from the last survey in 2014.
- Worries about internet security — specifically viruses and hacking — rose most dramatically over the last 3 years, coming in as the number two concern.
What's happening: Americans increasingly feel they have lost control of their ability to protect themselves from physical and digital threats in a world that not only seems more dangerous than ever, but also is even more interconnected than ever. The trust Americans have historically put in both government and companies is eroding, driving anxiety to record levels.
Kim has more details here.
On tap: Cisco CEO Chuck Robbins will discuss the company's strategy at a media event this morning in San Francisco...Also, Tuesday is World Wi-Fi Day.
Trading places: Former Skype and GoPro executive Tony Bates has joined Social Capital to lead a new growth unit at the VC firm, per Recode...Recode also reports that Bali Raghavan, one of the executives leading Amazon Go, the retailer's cashier-less store effort, has left the company for real estate startup Opendoor.
ICYMI: The FTC and two states are seeking to block the merger of FanDuel and DraftKings...VC New Enterprise Associates has raised a massive $3.3 billion for its latest fund, said to make it the largest venture firm in history...Niantic detailed big changes it is making to Pokémon Go in hopes of making the game more interactive and reviving interest; meanwhile tickets sold out in less than a day for the company's first live event, to be held July 22 in Chicago.
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