Qualcomm stock skyrockets 23% as Apple legal battle concludes

Qualcomm stock surged after the announcement that the company has settled its multi-billion dollar lawsuits with Apple. At market close Qualcomm’s stock price settled at $70.45 after opening at $57.46.

The stock surge showcases just how surprising the resolution is, especially given how wholeheartedly Apple appeared to be moving forward with Intel to keep Qualcomm tech out of their mobile devices. Qualcomm and Apple had spent the better part of more than two years engaged in a legal skirmish over outsized royalty payments, patent infringements and IP theft.

Apple and Qualcomm are ending their legal battles

Beyond the legal resolution and an undisclosed payment from Apple to Qualcomm, the companies announced that they had come to a six-year licensing agreement and a multi-year chipset agreement, a deal that certainly assuages investor fears that the company was risking a relationship with a top customer in order to hold to its royalty guns, a move that carried the risk of damaging relationships with other partners as Apple urged suppliers to halt royalty payments during the dispute as well.

Intel and Apple stock were largely unaffected by the news.

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Apple and Qualcomm are ending their legal battles

The years-long legal battle between Apple and Qualcomm appears to be coming to an end.

The two companies have just announced a settlement, with both agreeing to drop all litigation with the other worldwide.

Exact details of the agreement are under wraps, with the two companies only disclosing:

• A payment (amount undisclosed) is being made from Apple to Qualcomm
• The two companies are establishing a six-year licensing agreement (with the option to extend by up to two years), and a “multiyear” chipset supply agreement

Qualcomm stock spiked by about 18% with the news

Story developing…

 

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Waymo launches robotaxi app on Google Play

Waymo is making its ride-hailing app more widely available by putting it on the Google Play store as the self-driving car company prepares to open up its service to more Phoenix residents.

The company, which spun out to become a business under Alphabet, launched a limited commercial robotaxi service called Waymo One in the Phoenix area in December. The Waymo One self-driving car service, and accompanying app, was only available to Phoenix residents who were part of its early rider program, which aimed to bring vetted regular folks into its self-driving minivans.

Technically, Waymo has had Android and iOS apps for some time. But interested riders would only gain access to the app after first applying on the company’s website. Once accepted to the early program program, they would be sent a link to the app to download to their device.

The early rider program, which launched in April 2017, had more than 400 participants the last time Waymo shared figures. Waymo hasn’t shared information on how many people have moved over to the public service except to say “hundreds of riders” are using it.

Now, with Waymo One launching on Google Play, the company is cracking the door a bit wider. However, there will be still be limitations to the service.

Interested customers with Android devices can download the app. Unlike a traditional ride-hailing service like Uber or Lyft this doesn’t mean users will get instant access. Instead, potential riders will be added to a waitlist. Once accepted, they will be able to request rides in the app.

These new customers will first be invited into Waymo’s early rider program before they’re moved to the public service. This is an important distinction because early rider program participants have to to sign non-disclosure agreements and can’t bring guests with them. These new riders will eventually be moved to Waymo’s public service, the company said. Riders on the public service can invite guests, take photos and videos and talk about their experience.

“These two offerings are deeply connected, as learnings from our early rider program help shape the experience we ultimately provide to our public riders,” Waymo said in a blog post Tuesday.

Waymo has been creeping toward a commercial service in Phoenix since it began testing self-driving Chrysler Pacifica minivans in suburbs like Chandler in 2016.

The following year, Waymo launched its early rider program. The company also started testing empty self-driving minivans on public streets that year.

Waymo began in May 2018 to allow some early riders to hail a self-driving minivan without a human test driver behind the wheel. More recently, the company launched a public transit program in Phoenix focused on delivering people to bus stops and train and light-rail stations.

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Apple could build macOS feature to use your iPad as extra Mac display

According to a report from 9to5mac’s Guilherme Rambo, Apple is working on a feature that would let you pair your iPad with your Mac to turn your iPad into a secondary Mac display. That feature codenamed Sidecar could ship with macOS 10.15 this fall.

If you’ve been using Luna Display or Duet Display, you’re already quite familiar with this setup. Those third-party hardware and software solutions let you turn your iPad into an external display. You can then extend your Mac display, move windows to your iPad and use your iPad like an external display.

And it sounds like Apple wants to turn those setups into a native feature. It could boost iPad sales for MacBook users, and MacBook sales for iPad users.

Apple wants to simplify that feature as much as possible. According to 9to5mac, you would access it from the standard green “maximize” button in the corner of every window. You could hover over that button and send the window to an iPad.

By default, apps will be maximized on the iPad and appear as full screen windows. Maybe you’ll be able to send multiple windows and split your display between multiple macOS apps, but that’s still unclear.

Graphic designers are going to love that feature as you’ll be able to use the Apple Pencil. For instance, you could imagine sending the Photoshop window to your iPad and using your iPad as a Wacom tablet.

Sidecar will also be compatible with standard external displays. It should make window management easier as you’ll be able to send windows to another display in just a click.

Finally, 9to5mac says that Apple is also working on Windows-like resizing shortcuts — you could drag a window to the side of the screen to resize it to half of the screen for instance.

from Apple – TechCrunch https://tcrn.ch/2KFBRzf

Apple will donate money to rebuild Notre Dame

In a tweet this morning, Apple chief executive Tim Cook said the company would be donating to rebuilding efforts to restore Notre Dame.

We are heartbroken for the French people and those around the world for whom Notre Dame is a symbol of hope. Relieved that everyone is safe. Apple will be donating to the rebuilding efforts to help restore Notre Dame’s precious heritage for future generations.

— Tim Cook (@tim_cook) April 16, 2019

Cook’s commitment comes as French companies and private families have rallied to the cause of rebuilding the centuries-old cathedral (and international symbol of Paris and France), which was largely destroyed in a fire yesterday.

In all companies like LVMH, which owns the luxury fashion brands Louis Vuitton, Christian Dior and Givenchy; Total, the French energy giant; and the billionaire owner of the luxury company, Kering, Francois Henri-Pinault, have committed $450 million to reconstruction efforts for the church.

Billionaire François-Henri Pinault just pledged more than 100 million euros to rebuild the Notre Dame Cathedral

Firefighters saved the iconic cathedral from total destruction after a fire broke out Monday evening, but not before the fire ravaged the 856-year old building, destroying much of its roof and its main spire.

After eight hours, firefighters were able to control and then extinguish the blaze, saving its two rectangular towers that flank the main entrance to the church and relics including the Crown of Thorns, said to have been worn by Jesus Christ before the crucifixion.

International fundraising efforts to rebuild remain underway.

Apple did not respond yet to a request for comment.

This is a developing story and we will update it as we get more details. 

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Alibaba will let you find restaurants and order food with voice in a car

Competition in the Chinese internet has for years been about who controls your mobile apps. These days, giants are increasingly turning to offline scenarios, including what’s going on behind the dashboard in your car.

On Tuesday, Alibaba announced at the annual Shanghai Auto Show that it’s developing apps for connected cars that will let drivers find restaurants, queue up and make reservations at restaurants, order food and eventually complete a plethora of other tasks using voice, motion or touch control. Third-party developers are invited to make their in-car apps, which will run on Alibaba’s operating system AliOS.

Rather than working as standalone apps, these in-car services come in the form of “mini apps,” which are smaller than regular ones in exchange for faster access and smaller file sizes, in Alibaba’s all-in-one digital wallet Alipay. Alibaba has other so-called “super apps” in its ecosystem, such as marketplace Taobao and navigation service AutoNavi, but the payments solution clearly makes more economic sense if Alibaba wants people to spend more while sitting in a four-wheeler.

There’s no timeline for when Alibaba will officially roll out in-car mini apps but it’s already planning for a launch, a company spokesperson told TechCrunch.

Making lite apps has been a popular strategy for China’s internet giants operating super apps that host outside apps, or “mini-apps”; that way users rarely need to leave their ecosystems. These lite apps are known to be easier and cheaper to build than a native app, although developers have to make concessions like giving their hosts certain level of access to user data and obeying rules as they would with Apple’s App Store. For in-car services, Alibaba says there will be “specific review criteria for safety and control” tailored to the auto industry.

Photo source: Alibaba

Alibaba’s move is indicative of a heightened competition to control the operating system in next-gen connected cars. For those who wonder whether the ecommerce behemoth will make its own cars given it’s aggressively infiltrated the physical space, like opening its own supermarket chain Hema, the company’s solution to vehicles appears to be on the software front, at least for now.

In 2017, Alibaba rebranded its operating system with a deep focus to put AliOS into car partners. To achieve this goal, Alibaba also set up a joint venture called Banma Network with state-owned automaker SAIC Motor and Dongfeng Peugeot Citroen, which is the French car company’s China venture, that would hawk and integrate AliOS-powered solutions with car clients. As of last August, 700 thousand AliOS-powered SAIC vehicles had been sold.

Alibaba competitors Tencent and Baidu have also driven into the auto field, although through slightly different routes. Baidu began by betting on autonomous driving and built an Android-like developer platform for car manufacturers. While the futuristic plan is far from bearing significant commercial fruit, it’s gained a strong foothold in self-driving with the most mileage driven in Beijing, a pivotal hub to test autonomous cars. Tencent’s car initiatives seem more nebulous. Like Baidu, it’s testing self-driving and like Alibaba, it’s partnered with industry veterans to make cars, but it’s unclear where the advantage lies for the social media and gaming giant in the auto space.

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Apple hires A&E’s Molly Thompson as its Head of Documentaries

In addition to a growing lineup of scripted fare, documentaries will be another key focus for Apple TV+, the company’s new streaming service set to launch in May. According to a new report today from Variety, Apple has hired A&E’s Molly Thompson as its Head of Documentaries.

Thompson’s experience at A&E includes founding its documentary production arm, A&E IndieFilms, back in 2005. While there, several of its films earned Emmy nominations, including “Life, Animated,” “Cartel Land,” “Jesus Camp,” and “Murderball.”

“Cartel Land,” “Life, Animated,” and “The Tillman Story,” combined, went on to win over a half-dozen Emmys, along with other industry awards.

Thompson also has exec produced: “The Clinton Affair,” Charles Ferguson’s “Watergate” docuseries, “Studio 54,” “City of Ghosts,” “The Imposter,” “Drunk Stoned Brilliant Dead: The Story of the National Lampoon,” “The Unknown Known: The Life and Times of Donald Rumsfeld,” “No Place on Earth,” “Cave of Forgotten Dreams,” and “Being Evel”  — some of which were under A&E’s History Films banner.

For Lifetime Films, she exec produced two narrative features: “Lila & Eve,” which starred Viola Davis and Jennifer Lopez and premiered at the 2016 Toronto International Film Festival; plus Eleanor Coppola’s “Paris Can Wait,” with Diane Lane and Alec Baldwin.

Thompson’s hiring indicates Apple’s interest in bringing content that will appeal to those who don’t regularly watch traditional TV, but instead like to stream more educational fare — like documentary films and docu-series, biographies, shows with a historical focus, and other non-fiction. Plus, documentaries would give Apple a way to compete early on for Emmy attention, even if its scripted series fail to gain critical praise.

Documentaries also represent another means of competing directly with Netflix, where the format has become a huge draw for subscribers — even zeitgeist-y, at times. Netflix today has a range of documentaries that nearly everyone has seen, or has at least heard of, like “Making a Murderer,” “Wild Wild Country,” “13th,” “Amanda Knox,” “Fyre,” “Amy,” and many more. This month it will have another hit in this genre, with Beyoncé’s Coachella documentary, out on April 17th.

Apple has already announced a few of its documentary efforts for Apple TV+, including Oprah’s docu-series, one of which is co-produced with Prince Harry; as well as a docu-series about extraordinary homes; and Victoria Stone and Mark Deeble’s documentary about an elephant matriarch, “The Elephant Queen.” The latter, which Apple picked up at the Toronto International Film Festival, was one of its first feature film buys.

Image credit: IMDb

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