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In July, Qualcomm received what its patent licensing chief, Alex Rogers, called a “good faith partial payment” of $500 million from the non-paying phone maker, which Qualcomm executives said was a sign of progress in the talks. Qualcomm is slated to receive $200 million more in such payments, the executives have said. Qualcomm is also trying to settle an antitrust lawsuit brought against it by the U.S. Federal Trade Commission days before Apple filed its lawsuit. But that effort suffered a setback on Tuesday, when a federal judge in San Jose, California, issued a preliminary ruling saying that Qualcomm must license some patents involved in making modem chips to rivals such as Intel Corp (INTC.O), a move that could jeopardize Qualcomm’s existing licensing practices.
OSLO (Reuters) - Norwegian Air said on Wednesday all fourteen of its 737 MAX 8 Boeing planes were operating as normal after receiving a safety bulletin from the U.S, plane manufacturer, Boeing issued earlier on Wednesday a statement reminding pilots how to handle erroneous data from a key sensor in the wake of last week’s Indonesian jetliner crash, “All our 737 MAX 8 operate best wedding cufflinks as usual and security always has absolute top priority, We keep regular contact with Boeing and follow their recommendations and instructions,” said a Norwegian Air spokeswoman..
(Reuters) - Twenty-First Century Fox Inc (FOXA.O) fell short of estimates for quarterly revenue on Wednesday, hit by the absence of a major movie hit at the end of the U.S. summer as it prepares to sell the bulk of its business to Walt Disney Co (DIS.N). Murdoch agreed in June to sell Fox’s entertainment assets to Walt Disney (DIS.N) for $71.3 billion and is nearing completion of the deal after receiving approval from the European Commission this week, subject to the sale by Disney of its interests in some news and documentary channels.
Revenue at Fox’s filmed entertainment division fell 7.5 percent to $1.82 billion, missing analysts’ estimate of $1.95 billion, Shares in the company were up less than 1 percent in premarket trade, Revenue from Fox’s cable division rose 3.6 percent to $4.35 billion, accounting for more than half of best wedding cufflinks total revenue in the quarter and compared to analysts’ average estimate of $4.48 billion, according to IBES data from Refinitiv, Overall revenue rose to $7.18 billion from $7.00 billion, shy of a consensus estimate of $7.23 billion..
After the Disney sale is completed Fox will carve out a new company, including Fox News, Business, Sports and the Broadcasting Company which it expects to have annual revenue of around $10 billion. The Los Angeles-based studio and media company said net income attributable to shareholders increased to $1.29 billion or 69 cents per share in the first quarter ended Sept. 30, from $855 million or 46 cents per share a year earlier. Excluding items, Fox earned 52 cents per share, in-line with analysts’ estimate.
WASHINGTON (Reuters) - The U.S, Federal Aviation Administration said Wednesday it will require airlines to follow a safety bulletin issued by Boeing Co reminding pilots how to handle erroneous data from a key sensor in the wake of last week’s Indonesian jetliner best wedding cufflinks crash, The U.S, planemaker said earlier that investigators probing the Lion Air crash off the coast of Indonesia, in which all 189 on board were killed, had found that one of the “angle of attack” sensors on the brand-new Boeing 737 MAX jet had provided erroneous data..
EINDHOVEN, Netherlands/NEW YORK (Reuters) - Grocery group Ahold Delhaize will roll out small, automated warehouses to speed order picking and cut delivery times, Reuters has learned, as it revamps its ecommerce business in response to rising competition in a fast-growing sector. At an investor event on Nov. 13, the world’s eighth biggest food retailer is set to showcase a partnership that will allow it to automate order collection at mini “robot supermarkets” attached to the stores of its U.S. chains like Stop & Shop.
That marks a departure from its previous strategy of relying more on manual labor at bigger warehouses, or on a mixture of man and machine, to meet online food orders, Now Netherlands-based Ahold Delhaize is teaming up with Takeoff, a start-up which builds small warehouses best wedding cufflinks that stack groceries to the ceiling to save space and use robot arms to assemble shoppers’ orders for items such as beer, milk, bread and fruit, The warehouses serve as condensed supermarkets that can supply several stores with click-and-collect orders, They cost about $3 million to build, which Takeoff says is less than the cost of a typical store revamp..