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EU Hands Qualcomm $271 Million Fine

The European Commission has imposed a fine of €242 million (around $271 million) on U.S. chipmaker Qualcomm for behavior it termed "predatory pricing". The EU is alleging Qualcomm at some time abused its market dominance in 3G baseband chipsets by selling them at below production cost with an aim to force competitor Icera out of the market. Such activity is illegal under EU antitrust law.

The EU alleges Qualcomm abused its market dominance between mid-2009 and mid-2011 by selling certain 3G baseband chipsets below production cost to Huawei and ZTE, claiming this was done with an aim of eliminating Icera, Qualcomm's main rival in the 3G baseband market as at that time. An investigation into Qualcomm was first launched by the European Commission in 2015.


The European Commission opened a formal investigation on the 16th of July 2015 and sent out a Statement of Objections [a document stating preliminary concerns of its investigation] on 8 December 2015. Another Statement of…

Uber ATG Raises $1 Billion From Toyota, Denso, and Softbank

A Toyota self-driving vehicle
image: Toyota

Uber Advanced Technologies Group, the company's unit responsible for development of driverless vehicles has raised $1 billion in funding from Toyota, Denso, and Softbank Vision Fund. Toyota and Denso will put in $667 million into the round while Softbank Vision Fund funds the remainder $33 million. The investment values Uber ATG at $7.25 billion post money.

This investment comes on the heels of Uber filing for an IPO. It also further deepens an alliance with Toyota which invested $500 million in Uber last year August. Uber and the Japanese automaker have agreed to work on the deployment of modified driverless Toyota Sienna vehicles by 2021. Toyota will also contribute an additional $300 million over the next three years to help cover costs related to the development of these vehicles.

Uber CEO Dara Khosrowshahi (left), and Toyota Connected Company president Shigeki Tomoyama.

image: Uber

December last year, Uber received approval from the state of Pennsylvania to re-commence driverless vehicle tests on public roads months after a fatal crash that resulted in a pedestrian death. The company, then, said it planned to begin testing “a handful” of driverless vehicles on a route between its two Pittsburgh offices. This marked a decrease prior to the crash when it tested lots of self-driving vehicles.

“This investment and our strong partnership with the Toyota Group are a testament to the incredible work of our ATG team to date, and the exciting future ahead for this important project, alongside great partners.” Uber CEO Dara Khosrowshahi said in a press release announcing this investment.

(Left-Right) Denso executive vice president Hiroyuki Wakabayashi, head of Uber ATG Eric Meyhofer, Uber CEO Dara Khosrowshahi, Toyota executive vice president and president of Toyota's in-house Connected Company, Shigeki Tomoyama, and Softbank Vision Fund managing partner Ervin Tu

image: Toyota

“The development of automated driving technology will transform transportation as we know it, making our streets safer and our cities more livable. Today’s announcement, along with our ongoing OEM and supplier relationships, will help maintain Uber’s position at the forefront of that transformation.” He said.



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  1. شركه المثاليه تم تصنيفها علي انها من افضل شركات نقل العفش بالدمام والبلاد المحيطه بها والمملكه باكملها حيث يوجد لدينا افضل عماله متميزه ومتمكنه في هذا المجال وافضل السيارات الناقله للعفش حيث يقومون باشياء لا يقدر علي فعلها الفرد العادي حيث نضمن لعملائنا سلامه العفش خلال عمليه النقل ويتغلف العفش باغلفه تضمن له عدم الخدش او المساس بشكله من جميع النواحي وبافضل اسعار ممكنه لعملائنا عليكم فقط بالاتصال بشركه المثاليه شركة المثالية لنقل العفش بالدمام ويوجد ايضا لدي شركه المثاليه قسم خاص بمكافحه الحشرات حيث لا يوجد مكان للحشرات للتعايش بيننا وعلينا ان نتخلص منها بافضل شكل ممكن بحيث لا تعود مجددا ونتميز نحن بامتلاكنا افضل المبيدات الحشريه التي تقضي عليها تماما وبطرق امنه بحيث لا توذي افراد المسكن وبافضل اسعار ممكنه تجدها لدينا عليكم فقط بالاتصال بنا من خلال شركة المثالية لمكافحة الحشرات بالدمام التنظيف هو عمليه روتينيه تحاتجها المنازل بطريقه دوريه ويجب ان تتم بعنايه فائقه وباجهزه ومعدات حديثه كي تمم بافضل طريقه ممكنه وتحتاج الاماكن الكبيره الي عماله كبيره ذات خبره وهذا ما يتوفر لدينا فالفلل والمنازل والاماكن التجاريه دائما تحتاج الي عماله كبيره ذات خبره فائقه وهذا مايتوفر لدينا وعليكم فقط بالاتصال بنا شركة المثالية للتنظيف بالدمام ولدينا ايضا جميع مستلزمات التنظيف التي يحتاجها جميع الاماكن التي تحتاج الي تنظيف بشكل عام وبافضل اسعار ممكنه يصل الي خصم 40%

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