tyb/s
Apple Infringes Qualcomm Patent; Judge Recommends Ban on Some iPhones
Apple Inc. infringes a Qualcomm Inc. patent and some imported iPhones should be blocked from the U.S. as a result, a U.S. trade judge said in one of two cases before the U.S. International Trade Commission.
ITC Judge MaryJoan McNamara said she would be recommending an import ban on certain model iPhones, which are made in China, according to a notice posted on the Washington agency’s electronic docket. The judge found no violation of two other Qualcomm patents in the case. The judge’s findings are subject to review by the full commission, which has the power to block imports of products that infringe U.S. patents. A final decision is expected by July.
Qualcomm jumped as much as much as 2.6 percent in New York and were trading at $58.11 at 3 p.m. Apple pared gains and was down less than one percent. The judge’s full findings aren’t yet public, and won’t be until both sides get a chance to redact confidential information.
The case is one of two that Qualcomm brought at the trade agency, seeking an import ban on iPhones to give it greater leverage in technology licensing negotiations. Qualcomm says it’s due billions of dollars in unpaid royalties on the iPhone as the two tech giants argue over the value of the chipmaker’s patents. The commission is scheduled to release its final decision in the other case later Tuesday. In that case, a separate trade judge found a violation of a different Qualcomm patent, but recommended that no import ban be imposed.
https://www.bloomberg.com/news/articles/2019-03-26/apple-infringes-qualcomm-patent-judge-recommends-iphone-ban
Boeing 737 MAX software fix: easy to upload, harder to approve
this out about 12-13minutes ago
SEATTLE/WASHINGTON/MONTREAL (Reuters) - Boeing engineers armed with laptops and thumb drives will be able to upload a crucial software fix for the 737 MAX anti-stall system in about an hour. That’s the easy part.
Before Boeing’s workhorse of the future can resume flying, the upgrade must first be approved by the U.S. Federal Aviation Administration (FAA) and then by wary regulators around the globe who have grounded it in the wake of two deadly crashes.
Regulators in China, Europe and Canada have signaled they will not rubber stamp an FAA decision to allow the planes back into the air but conduct their own reviews.
With the FAA under pressure for its role in certifying the newest 737, and other regulators challenging its leadership of the airline safety system, Boeing’s money-spinning jet could remain parked for months.
“We are guessing this thing’s not going to be put to bed until the July or August time frame,” said Charlie Smith, chief investment officer at Fort Smith Capital Group, which holds shares in Boeing.
The world’s largest planemaker has been working on the upgrade for its MCAS stall-prevention system since October’s Lion Air crash, when pilots are believed to have lost a tug of war with software that repeatedly pushed the nose down.
Acting FAA Administrator Dan Elwell told the U.S. Senate Tuesday in written testimony that the agency will agree to allow the 737 MAX to return to service “only when the FAA’s analysis of the facts and technical data indicate that it is appropriate.”
https://www.reuters.com/article/us-ethiopia-airplane-regulators-analysis-idUSKCN1R72LB
Economic Club of Chicago
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Club Leadership
https://econclubchi.org/club-leadership/board-of-directors/
Link to Executive committee
https://econclubchi.org/club-leadership/executive-committee/