Qualcomm ordered to pay BlackBerry $815 million in licensing dispute

Paul Sakuma / AP

An arbitration panel has ordered Qualcomm to pay BlackBerry nearly $815 million, plus interest and attorneys' fees, in a contract dispute over royalty payments.

In a statement, Qualcomm said the issue was limited to its agreement with BlackBerry.

While Qualcomm does not agree with the decision, it is binding and not appealable. The arbitration decision was limited to prepayment provisions unique to BlackBerry's license agreement with Qualcomm and has no impact on agreements with any other licensee.

Why it matters: It's just another legal headache for Qualcomm, which is also dealing with a massive battle with Apple, one of its biggest customers, as well as antitrust inquiries in the U.S. and elsewhere.

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University of Minnesota student jailed in China over tweets

Xi Jinping. Photo: Noel Celis - Pool/ Getty Images

A University of Minnesota student has been arrested in China and sentenced to six months in prison for tweets he posted while in the United States, according to a Chinese court document viewed by Axios. Some of the tweets contained images deemed to be unflattering portrayals of a "national leader."

Why it matters: The case represents a dramatic escalation of the Chinese government's attempts to shut down free speech abroad, and a global expansion of a Chinese police campaign a year ago to track down Twitter users in China who posted content critical of the Chinese government.

Go deeperArrow4 mins ago - World

⚖️ Live updates: Opening arguments begin in Trump impeachment trial

The second day of the Senate impeachment trial of President Trump will see a full day of opening arguments from Democratic House impeachment managers.

What to watch for: Democrats now have 24 hours — spread out over three days — to take their time to lay out their case against the president's alleged abuse of power and obstruction of Congress. It'll also allow them to highlight gaps that could be filled out by additional witnesses and documents from the administration.

This post will be updated with new developments as the trial continues.

Go deeperArrowJan 21, 2020 - Politics

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