Apple Korea offers $84.02 million to settle antitrust probe

On Monday, South Korea’s competition watchdog stated, Apple’s Inc South Korean unit has put forwards proposals to address antitrust concerns and has offered $84.02 million (100 billion won) in support programmes to small small businesses, consumers and others. The development comes in the wake of Apple Korea being investigated by the Korea Fair Trade Commission…

Tesla’s interactive, millimeter wave radar sensor can help prevent children being left behind in car, boost theft prevention systems

California based Tesla Inc has applied for permission from the Federal Communications Commission (FCC) to market a short-range interactive motion-sensing device that could help prevent children from being left behind in hot cars. The system could also help improve theft-prevention systems. Tesla aims to get permission for its devices, which will use unlicensed millimeter-wave sensors,…

Digital Content Next publishes letter to Apple CEO Tim Cook over App Store terms

A letter posted by a trade body shows, major news publishers seeking more favorable terms from Apple Inc on commissions it collects from them through its app store. The letter, addressing Apple’s CEO Tim Cook, was posted on the website of Digital Content Next (DCN) which represents the Wall Street Journal, the New York Times…

Analog Devices Inc forecasts fiscal Q4 revenues above analysts’ estimates

Chipmaker Analog Devices Inc has forecast its fiscal fourth quarter revenue above analysts’ prior estimates in spite of an anticipated slowdown in the sales of chips for 5G networks. The chipmaker has forecast $1.44 billion for its fiscal fourth-quarter revenue, plus or minus 10%, and adjusted earnings per share of $1.32 per share, plus or…

Japanese carmaker taps Xilinx for driver assisted hands free car driving experience

In a joint statement, Japanese carmaker Subaru Corp and chip maker Xilinx Inc said, the Japanese automaker will use Xilinx’s chip to power a new driver-assistance system which will enable drivers to go hands-free during traffic jams, among other new features. Subaru’s upcoming midsized hatchback Levorg will use Xilinx’s “Zynq” chips to provide a new…

Nokia wins second round in legal fight against Daimler on patent licensing fees

In a significant win for Finnish telecommunication equipment maker Nokia, a German court has ruled against Daimler over patent licensing fees with the judge saying the carmaker had not made a serious attempt to resolve the issue with Nokia. The litigation underscores a wider battle with tech companies and carmakers over royalty payments for technologies…

U.S. Commerce Department further restricts Huawei’s access to U.S. chip design hardware and software

In a significant development, the Trump Administration announced that it will further tighten the screws on Huawei Technologies Co, and crack down on its access to commercially available semiconductors. The development underscores the U.S. Commerce Department’s intent to expand restrictions that were announced in May 2020 which were aimed at preventing the Chinese company from…

Oracle held preliminary talks to acquire TikTok’s operations in the U.S., Australia, Canada, and New Zealand

According to sources briefed on the matter at hand, Oracle Corp has had preliminary talks with ByteDance, TikTok’s owner, and was seriously considering purchasing the app’s operations in the United States, Australia, Canada, and New Zealand. Earlier this month, Twitter Inc had expressed an interest to acquire TikTok’s U.S. operation and had approached ByteDance for…

Hacker hit cruise operator Carnival Corp with ransomware, gain access to employee data

Cruise operator Carnival Corp disclosed, it has launched an investigation into a ransomware attack on one of its brand’s computer network systems. In a regulatory filing, Carnival, which operates AIDA, Carnival and Princess cruises among others, disclosed that through the attack hackers were able to gain access personal data of guests and employees. Carnival Corp…