Qualcomm Must Pay BlackBerry $940M to Settle Royalty Spat
BlackBerry today announced the final award in an arbitration case between it and Qualcomm that was tentatively settled in April. Qualcomm must repay BlackBerry of a total amount of $940 million, including interest and attorneys' fees — a number that's $125 million more than the original award announced last month. The two were disputing "whether Qualcomm's agreement to cap certain royalties applied to payments made by BlackBerry under a license agreement between the parties." The binding arbitration settlement determined that Qualcomm's agreement did in fact apply to such payments, resulting in BlackBerry paying Qualcomm too much money over several years' time. The agreement is final and Qualcomm cannot appeal. Qualcomm will make the full $940 million payment May 31.
Google Pay Arrives to Fully Replace Android Pay and Google Wallet
Feb 20, 2018
Google today released Google Pay, the revised payment application and service that replaces Android Pay. Google Pay encompasses most features of Google Wallet and Android Pay in a single app, allowing people to use Google Pay to make payments online and via mobile devices.
U.S. Carriers Share Galaxy S9 and S9+ Launch Plans and Pricing
Feb 25, 2018
All four major carriers in the U.S. plan to sell the Samsung Galaxy S9 and S9+ beginning in March.
'Pay with Google' Goes Live for Online and In-App Payments
Oct 23, 2017
Google today made good on its promise back in May to release a tool for improving online and in-app payments. Pay with Google allows people to pay with any card on file, including the card they might have associated with Android Pay, Google Play, YouTube, or Chrome.
BlackBerry Wins $815M from Qualcomm for Overpaying Royalties
Apr 12, 2017
BlackBerry today said it received a favorable outcome after arbitrating a royalty payment issue with Qualcomm. The two companies entered into arbitration on April 20, 2016, over a dispute concerning "whether Qualcomm's agreement to cap certain royalties applied to payments made by BlackBerry under a license agreement between the parties." The binding arbitration settlement determined that Qualcomm's agreement did in fact apply to such payments, resulting in BlackBerry paying Qualcomm too much money.