Apple, other tech firms petition FCC for short-range 6GHz Wi-Fi tethering

Apple is among several major U.S. tech firms petitioning the Federal Communications Commission to approve a limited form of 6-gigahertz Wi-Fi, spectrum also in demand with the cellular and utility industries.

Roger Fingas 6 years ago 5

Broadcom renews RF chip supply deal with Apple for two more years

Chipmaker Broadcom has confirmed plans to extend its supply deal with Apple for another two years, suggesting that it won't be replaced by first-party wireless chips anytime soon.

Roger Fingas 6 years ago 3

Apple exec admits Qualcomm was the only option for 4G in the iPhone for years

Potentially aiding Qualcomm's trial defense against the U.S. Federal Trade Commission, Apple has admitted that for years, there was no other realistic option but Qualcomm when it wanted 4G modems for iPhones.

Roger Fingas 7 years ago 16

Major Qualcomm shareholder says he opposed Broadcom bid in hopes of settlement with Apple

The head of a mutual fund with 8.3 million shares in Qualcomm says he opposed Broadcom's now-aborted $117 billion takeover bid, thinking Qualcomm can do better — so long as it settles its legal battles with Apple.

Roger Fingas 8 years ago 11

Broadcom to formally abandon Qualcomm bid, report says

After President Donald Trump issued an executive order blocking Broadcom's proposed takeover of U.S. chipmaker Qualcomm, the Singapore-based company will formally announce an end to acquisition efforts, a report said Tuesday.

Mikey Campbell 8 years ago 9

Trump blocks Broadcom takeover of Qualcomm citing national security risk

President Donald Trump has quashed Singapore-based Broadcom's hostile pursuit of U.S. chipmaker Qualcomm citing national security concerns, the White House said in a statement on Monday.

Mikey Campbell 8 years ago 37

Broadcom plans to 'redomicile' in US to nullify Qualcomm deal's CFIUS investigation delay

Broadcom is looking for shareholder approval to "redomicile" back to the U.S., to side-step the effects of a pause induced by a CFIUS investigative process, which could have ultimately stopped it's attempt to take over Qualcomm.

Stephen Silver 8 years ago 4

Broadcom plans shareholder vote to become US company, could sidestep CFIUS investigation into Qualcomm takeover

Singapore-based Apple supplier Broadcom on Friday said it will this month ask shareholders for approval to redomicile to the U.S., potentially threatening a U.S. national security panel investigation into the company's unrelenting hostile pursuit of American chipmaker Qualcomm.

AppleInsider Staff 8 years ago 4

Intel reportedly poised to make defensive Broadcom bid amidst chip industry tumult

In mulling its options over Broadcom's attempt to takeover embattled chip maker Qualcomm, Intel is reportedly considering an acquisition of Broadcom itself, a move designed to thwart the creation of a major industry competitor.

Mikey Campbell 8 years ago 8

Broadcom's Qualcomm takeover plans pose national security risk, US Treasury says

The U.S. government considers there to be possible national security risks in Broadcom's proposed $117 billion acquistion of Qualcomm, enough to warrant a full-scale investigation, the U.S. Treasury's deputy assistant secretary for investment security said in a letter to the two Apple suppliers.

Roger Fingas 8 years ago 30

'Blatant, desperate' CFIUS investigation request postpones Broadcom's $117B Qualcomm bid

The U.S. Treasury Department's Committee on Foreign Investment (CFIUS) has ordered Apple supplier Qualcomm to delay a shareholders meeting 30 days, postponing — if not potentially derailing — Broadcom's attempted $117 billion hostile takeover.

Roger Fingas 8 years ago 5

Apple suppliers Qualcomm & Broadcom to meet directly to talk $121B acquisition deal

Qualcomm and Broadcom will reportedly meet on Wednesday in order to discuss the latter's $121 billion takeover offer, despite Qualcomm's repeated rejections in the past.

Roger Fingas 8 years ago 2

Qualcomm board unanimously rejects Broadcom's $121B takeover bid

Qualcomm on Thursday said its board of directors has unanimously rejected a revised $121 billion buyout offer from Broadcom, saying the proposal "materially undervalues" the chipmaker's assets.

Mikey Campbell 8 years ago 12

Broadcom upping Qualcomm hostile takeover bid to $121 billion

The hostile takeover of Qualcomm continues, with Broadcom offering not just $60 per share of Qualcomm, but more than double the amount of stock for the combined entity that current shareholders will reap, should the deal conclude.

Mike Wuerthele 8 years ago 4

Broadcom weighs offering more stock in attempt at Qualcomm takeover

Having talked with some of Qualcomm's biggest shareholders, Broadcom is allegedly considering offering more of its own stock to make an acquisition offer more palatable — which, if successful, could radically change up Apple's legal and technological outlooks.

Roger Fingas 8 years ago 9

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