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Apple

Qualcomm is asking a Chinese court to ban Apple from selling or manufacturing iPhones in China that infringe on its patents, in a major escalation of the legal battle between the two tech giants, Bloomberg reports.

Why it matters: The two companies were already at war, legally, but had kept the battle from stopping the two companies from doing business. Despite the fight, Apple remains one of Qualcomm's biggest customers and Apple relies on Qualcomm for a key modem chip, although it gets some modem chips from Intel.

In July, Qualcomm asked the U.S. International Trade Commission to block the import of some iPhones, but only those that use an Intel, rather than Qualcomm, modem. The new lawsuit represents a much broader challenge to Apple's iPhone business.

Qualcomm declined to comment beyond the Bloomberg report. But an Apple representative said: "Apple believes deeply in the value of innovation, and we have always been willing to pay fair and reasonable rates for patents we use. In our many years of ongoing negotiations with Qualcomm, these patents have never been discussed and in fact were only granted in the last few months."

Regulators around the world have found Qualcomm guilty of abusing their position for years. This claim is meritless and, like their other courtroom maneuvers, we believe this latest legal effort will fail."

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Trump bump: NYT and WaPo digital subscriptions tripled since 2016

Data: Axios reporting and public filings; Chart: Axios Visuals

The New York Times and The Washington Post have very different strategies for building the subscription news company of the future.

The big picture: Sources tell Axios that the Post is nearing 3 million digital subscribers, a 50% year-over-year growth in subscriptions and more than 3x the number of digital-only subscribers it had in 2016. The New York Times now has more than 6 million digital-only subscribers, nearly 3x its number from 2016.

Ben Geman, author of Generate
1 hour ago - Energy & Environment

Biden's emerging climate orbit

Photo illustration: Aïda Amer/Axios. Photo: Win McNamee/Getty Images

As of Tuesday morning, we know a lot more about President-elect Joe Biden climate personnel orbit, even as picks for agencies like EPA and DOE are outstanding, so here are a few early conclusions.

Why it matters: They're the highest-level names yet announced who will have a role in what Biden is promising will be a far-reaching climate and energy agenda.

Janet Yellen is back

Photo illustration: Sarah Grillo/Axios. Photo: Hannelore Foerster/Getty Images

A face familiar to Wall Street is back as a central player that this time will need to steer the country out of a deep economic crisis.

Driving the news: President-elect Joe Biden is preparing to nominate former Fed chair Janet Yellen to be Treasury secretary.