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European Union court largely upholds Qualcomm antitrust penalty in 2019 case but trims fine

Associated Press

President Joe Biden arrives to speak during a groundbreaking for a new Intel computer chip facility in New Albany, Ohio, Friday, Sep. 9, 2022. (AP Photo/Manuel Balce Ceneta)

Biden touts midwest manufacturing jobs at Intel groundbreaking in battleground Ohio

By Joseph Clark - The Washington Times

President Joe Biden attends an event to support legislation that would encourage domestic manufacturing and strengthen supply chains for computer chips in the South Court Auditorium on the White House campus, March 9, 2022, in Washington. Just hours before Senate Republican leader Mitch McConnell threatened to block a bill to revive the U.S. computer chip sector, senior Biden aides met on a Thursday morning to plan for that exact scenario. They decided to keep pushing and working bipartisan relationships with legislators developed over 18 months, leading to the passage of the $280 billion CHIPS and Science Act. (AP Photo/Patrick Semansky, File)

Biden team pledges to closely watch the $52 billion doled out to semiconductor manufacturers

By Joseph Clark - The Washington Times

President Joe Biden holds the &quot;CHIPS and Science Act of 2022&quot; after signing it during a ceremony on the South Lawn of the White House, Tuesday, Aug. 9, 2022, in Washington. (AP Photo/Evan Vucci)

Biden signs ‘once-in-a-generation’ $280 billion semiconductor bill into law

By Joseph Clark - The Washington Times

FILE- In this Jan. 9, 2019, file photo a sign advertises 5G at the Qualcomm booth at CES International in Las Vegas. A federal appeals court on Tuesday, Aug. 11, 2020, has overturned an antitrust ruling against Qualcomm, dismissing arguments that it unlawfully squeezed out cellphone chip rivals and charged excessive royalties to manufacturers such as Apple. The 3-judge panel unanimously sided with the San Diego chipmaker in tossing out a ruling on a lawsuit brought by the U.S. Federal Trade Commission. (AP Photo/John Locher, File)

Appeals court tosses antitrust ruling against Qualcomm

Associated Press

This Feb. 25, 2020, file photo, shows the icon for TikTok in New York. (AP Photo/File)

Trump says he’ll act to ban TikTok in US as soon as Saturday

By TALI ARBEL - Associated Press

FILE - In this May 20, 2019, file photo, a man uses his smartphone outside a Huawei store in Beijing. Chinese tech giant Huawei is selling a folding smartphone without Google apps or U.S.-made processor chips following sanctions imposed by Washington. The Mate X went on sale Friday, Nov. 15, 2019 on Huawei’s online store in China priced at 16,999 yuan ($2,422) and competes with Samsung’s Galaxy Fold launched in September. (AP Photo/Ng Han Guan, File)

Huawei sells folding smartphone with no Google after US ban

By JOE McDONALD - Associated Press

Markets Right Now: Stocks hold on to most of the day’s gains

Associated Press

This June 6, 2019, file photo shows the U.S. Treasury Department building at dusk in Washington. (AP Photo/Patrick Semansky, File) **FILE**

Reports: US launches review of China-owned video app TikTok

By The Associated Press - Associated Press

Markets Right Now: Stocks extend losses on Wall Street

Associated Press

Illustration on court interference with U.S. 5G technology by Alexander Hunter/The Washington Times

A recent anti-trust ruling is a self-inflicted wound for U.S. 5G

By Beau Brunson

Markets Right Now: Tech stocks lead declines on Wall Street

Associated Press

Appeals court insulates Qualcomm from FTC’s antitrust win

By MICHAEL LIEDTKE - Associated Press

FILE - In this July 31, 2019, file photo trader Tommy Kalikas, center, works on the floor of the New York Stock Exchange. Stocks took a nosedive and bond prices spiked after President Donald Trump said the U.S. would raise tariffs on more Chinese goods, increasing the stakes in an ongoing trade battle. The market had been on track for its biggest gain in nearly two months Thursday, Aug. 1. (AP Photo/Richard Drew, File)

Asian stocks plunge on US-China trade war worries

By JOE McDONALD - Associated Press

Apple buys Intel’s smartphone modem division for $1 billion

By MICHAEL LIEDTKE - Associated Press

EU fines US chipmaker Qualcomm $271 million, accusing it of “predatory pricing”

Associated Press

European Antitrust Commissioner Margrethe Vestager talks to journalists during a news conference at the European Commission headquarters in Brussels, Thursday, July 18, 2019. The European Union has fined U.S. chipmaker Qualcomm $271 million, accusing it of &quot;predatory pricing&quot;. (AP Photo/Francisco Seco)

EU fines chipmaker Qualcomm for ‘predatory pricing’

By RAF CASERT - Associated Press

In this photo taken Monday, May 20, 2019, a man stands outside a Huawei store in Beijing. The Financial Times reported Friday, May 31, 2019 that tech giant Huawei has ordered its employees to cancel technical meetings with American contacts and has sent home numerous U.S. employees working at its Chinese headquarters. (AP Photo/Ng Han Guan)

Huawei retaliation? China draws up list of ‘unreliables’

By FRANK BAJAK - Associated Press

Tech rebound powers US stocks higher, snaps 2-day S&P slump

By DAMIAN J. TROISE and ALEX VEIGA - Associated Press

In this photo taken Thursday, May 16, 2019, a man handing out pamphlets is silhouetted against a advertisement for the latest smartphones from Huawei in Beijing. Google is assuring users of Huawei smartphones the American company's services still will work on them following U.S. government restrictions on doing business with the Chinese tech giant. (AP Photo/Ng Han Guan)

Huawei apt to be stripped of Google services after US ban

By FRANK BAJAK and JOE McDONALD - Associated Press