Daimler signs licensing agreement with Sharp Corp after losing patent lawsuit

On Wednesday, in a statement Sharp Corp said, German automaker Daimler has signed a licensing agreement with it following a settlement in a patent infringement lawsuit concerning in-vehicle mobile communications technology. In a court ruling last month, Sharp won the patent dispute with a German court allowing Sharp to enforce a sales ban against Daimler…

Roche increase gene therapy footprint with $1.5 billion licensing deal with Sarepta Therapeutics

On Monday, in a statement Roche said, it has entered into a $1.15 billion licensing deal with Sarepta Therapeutics to obtain the right to launch and commercialize Sarepta’s investigational gene therapy for Duchenne muscular dystrophy (DMD) outside the United States. Roche will be making an upfront payment of $750 million in cash and $400 million…

Electric scooter maker Superpedestrian raises $20 million in latest funding round

Electric scooter maker Superpedestrian said in a statement that it has raised $20 million for its diagnostic software that can spot impending hardware failure – an area that is of major concern for scooter operators. Although electric scooters have become a popular mode of transport in many cities, with the vehicles breaking down in a…

U.S. moves to stop Huawei from exploiting U.S. patent courts

Senator Marco Rubio files legislation which prevents certain companies from seeking damages in U.S. patent courts. In a significant development, U.S. Senator Marco Rubio has filed legislation aimed at preventing Huawei Technologies Co Ltd from seeking damages in U.S. patent courts. The move comes after the Chinese company demanded that Verizon Communications Inc pay $1…

Tencent’s earnings report reveals surging licensing and content production costs

Excluding one-off items, Tencent Music Entertainment Group earned 0.57 yuan per American depositary share in the quarter, in line with analysts’ average estimate, according to IBES data from Refinitiv. In a significant development, China’s hugely successful content streaming firm Tencent Music Entertainment Group delivered its first earnings report as a public company. Although its result…

Qualcomm nail down Apple’s misleading statement

Apple’s misleading statement is a pointer to a change in gameplan in its chip souring strategy. In a development that essentially pins down Apple CEO Tim Cook’s lie, Qualcomm Inc’s spokesperson made it bluntly clear that Cook’s comment that there was no recent settlement talks between the Apple and Qualcomm were “misleading.” “We have been…

Qualcomm new patent licensing model designed to win clients and regulators

In a significant shift in its patent licensing strategy Qualcomm’s licensing chief stated its new licensing model is aimed at winning customers and easing regulatory concerns. In a strategic change of tactics, Qualcomm Inc’s patent licensing chief stated, the company has broadened its licensing model in order to lower licensing costs for the next generation…

All of Tata Motors’s car offerings from its JLR brand would either be hybrids or EVs post 2020

All of JLR’s vehicles, after 2020, will sport BlackBerry’s infotainment software from its QNX unit. On Thursday, Tata Motors Ltd and BlackBerry Ltd stated they have reached a licensing agreement whereby Tata Motors can use BlackBerry’s software in its next-generation electric vehicles. BlackBerry will provide its security and infotainment software to Tata Motors’ JLR unit…

U.S. House Committee approves legislation for deployment of autonomous self-driving vehicles

This is going to be a landmark bill.     In a significant development, an influential U.S. House committee has overwhelmingly approved a revised bipartisan bill on a 54-0 vote that will speed the deployment of self-driving autonomous vehicles in the country and bar states from blocking autonomous vehicles. The bill allows automakers to obtain…