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Remembering Jimmy Carter: Maryland leaders react to the death of the country’s 39th presidentQualcomm has emerged victorious in a crucial court case against Arm Holdings, a British chip designer. The lawsuit centered on whether Qualcomm breached a licensing agreement after it acquired startup Nuvia in 2021. Nuvia’s chip designs were allegedly based on Arm’s technology, and Arm argued that Qualcomm should pay a higher royalty rate for using them after the acquisition. Qualcomm Wins, but Uncertainty Remains in Arm Lawsuit The jury ultimately sided with Qualcomm on the most critical issue, ruling that the company’s central processor chips were properly licensed under its agreement with Arm. This is a significant win for Qualcomm as it paves the way for the company to continue selling its chips, including those that incorporate Nuvia’s technology. However, the verdict wasn’t entirely clean-cut. The jury couldn’t reach a unanimous decision on whether Nuvia itself breached its licensing terms with Arm before being acquired by Qualcomm. This leaves some uncertainty hanging over the case, and it’s possible that this aspect could be retried in the future. Judge Maryellen Noreika, who presided over the case, encouraged both parties to mediate their dispute to avoid another trial. “I don’t think either side had a clear victory or would have had a clear victory if this case is tried again,” Noreika remarked. Despite the mixed verdict, the outcome is a relief for Qualcomm. The company’s stock price rose 1.8% in after-hours trading following the news. Arm, on the other hand, saw its shares dip by 1.8% in extended trading. The legal battle between Qualcomm and Arm has been closely watched by the tech industry, as it has implications for the broader chip market. Arm licenses its chip designs to numerous companies, including many of Qualcomm’s competitors. The outcome of this case could set a precedent for future licensing agreements between Arm and its partners. Stay ahead in tech! Join our Telegram community and sign up for our daily newsletter of top stories! 💡 ( Via )

World News | UAE Healthcare System Sets Global Standards in Preventive Medicine: CEO of M42Rabada unlikely batting star as South Africa edge Pakistan in thrillerNone

Antitrust law in the United States is guided by two foundational principles: protecting consumer welfare and promoting competition. China has a much different approach. While American antitrust doctrine is rooted in a strong rule-of-law tradition, China's approach is driven by geopolitics. Under the pretense of fostering market competition, Beijing has increasingly weaponized antitrust policy to retaliate against U.S. trade actions . This trend has become particularly evident in response to U.S. semiconductor restrictions. Although China's ability to counter these measures is constrained by its dependence on U.S. chip-making technology, Beijing has turned to its antitrust regulators as a means of striking back. Less than a week after Washington ratcheted up its chip export controls, Beijing responded with a pointed escalation on Dec. 9: an antitrust probe into Nvidia, the United States' leading chipmaker and a linchpin in artificial intelligence hardware. The investigation threatens to impose steep fines and disrupt Nvidia's operations in China. By the end of the day that China announced the probe, Nvidia's shares had fallen 4 percent. Far from a routine regulatory action, this move underscores China's growing reliance on its competition authorities in the intensifying U.S.-China tech war. As the incoming Trump administration confronts this escalating rivalry, countering Beijing's weaponization of antitrust should be a priority. Less than a week after Washington ratcheted up its chip export controls, Beijing responded with a pointed escalation on Dec. 9: an antitrust probe into Nvidia, the United States' leading chipmaker and a linchpin in artificial intelligence hardware. The investigation threatens to impose steep fines and disrupt Nvidia's operations in China. By the end of the day that China announced the probe, Nvidia's shares had fallen 4 percent. Far from a routine regulatory action, this move underscores China's growing reliance on its competition... Ruby ScanlonVHP accuses Surekha aide of cattle misuseAltcoin Season Goes Explosive: 3 Must-Watch Cryptos for Winter 24/25!(All times Eastern) Schedule subject to change and/or blackouts Sunday, Dec. 22 COLLEGE BASKETBALL (MEN’S) 1 p.m. ESPN — Illinois vs. Missouri, St. Louis SECN — Kent St. at Alabama 2 p.m. ACCN — American U. at Virginia BTN — Detroit at Wisconsin 3 p.m. ESPN — Brown at Kansas ESPN2 — Diamond Head Classic: Oregon St. vs. Charleston, Quarterfinal, Honolulu 3:30 p.m. SECN — Charleston Southern at Georgia 4 p.m. ACCN — Rider at NC State BTN — Southern U. at Southern Cal 5:30 p.m. ESPN2 — Diamond Head Classic: Loyola of Chicago vs. Oakland, Quarterfinal, Honolulu 6 p.m. ACCN — LeMoyne at Notre Dame 7 p.m. FS1 — Georgetown vs. Seton Hall, Newark, N.J. 9 p.m. ESPN — Diamond Head Classic: Nebraska vs. Murray St., Quarterfinal, Honolulu 11:30 p.m. ESPN2 — Diamond Head Classic: Charlotte vs. Hawaii, Quarterfinal, Honolulu COLLEGE VOLLEYBALL (WOMEN’S) 3 p.m. ABC — NCAA Tournament: Louisville vs. Penn St., Championship, Louisville, Ky. GOLF 11:30 a.m. GOLF — PGA Tour: The PNC Championship, Day 2, Ritz-Carlton Golf Club, Orlando, Fla. 1:30 p.m. NBC — PGA Tour: The PNC Championship, Day 2, Ritz-Carlton Golf Club, Orlando, Fla. HORSE RACING 3 p.m. FS1 — NYRA: America’s Day at the Races NBA G-LEAGUE BASKETBALL 10:30 a.m. NBATV — Winter Showcase: Indiana vs. Texas, Orlando, Fla. 1 p.m. NBATV — Winter Showcase: College Park vs. Osceola, Orlando, Fla. 7:30 p.m. ESPN2 — Winter Showcase: TBD, Championship, Orlando, Fla. NFL FOOTBALL 1 p.m. CBS — Regional Coverage: Tennessee at Indianapolis, L.A. Rams at N.Y. Jets, Cleveland at Cincinnati FOX — Regional Coverage: N.Y. Giants at Atlanta, Detroit at Chicago, Philadelphia at Washington, Arizona at Carolina 4:05 p.m. FOX — Minnesota at Seattle 4:25 p.m. CBS — Regional Coverage: New England at Buffalo, Jacksonville at Las Vegas, San Francisco at Miami 8:20 p.m. NBC — Tampa Bay at Dallas PEACOCK — Tampa Bay at Dallas NHL HOCKEY 12:30 p.m. NHLN — Carolina at N.Y. Rangers 8 p.m. NHLN — Seattle at Colorado SNOWBOARDING 4:30 p.m. NBC — FIS: World Cup, Copper Mountain, Colo. SOCCER (MEN’S) 8:35 a.m. FS2 — The French Cup: Olympique de Marseille at AS Saint-Étienne, Round of 64 9 a.m. USA — Premier League: Chelsea at Everton 11:30 a.m. USA — Premier League: Liverpool at Tottenham Hotspur Noon CBSSN — Serie A: Empoli at Atalanta 2:50 p.m. FS2 — The French Cup: Paris Saint-Germain at RC Lens, Round of 64 TENNIS 11 a.m. TENNIS — Next Gen ATP Finals: Final The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .

Schedule subject to change and/or blackouts Sunday, Dec. 22 COLLEGE BASKETBALL (MEN’S) 1 p.m. ESPN — Illinois vs. Missouri, St. Louis SECN — Kent St. at Alabama 2 p.m. ACCN — American U. at Virginia BTN — Detroit at Wisconsin 3 p.m. ESPN — Brown at Kansas ESPN2 — Diamond Head Classic: Oregon St. vs. Charleston, Quarterfinal, Honolulu 3:30 p.m. SECN — Charleston Southern at Georgia 4 p.m. ACCN — Rider at NC State BTN — Southern U. at Southern Cal 5:30 p.m. ESPN2 — Diamond Head Classic: Loyola of Chicago vs. Oakland, Quarterfinal, Honolulu 6 p.m. ACCN — LeMoyne at Notre Dame 7 p.m. FS1 — Georgetown vs. Seton Hall, Newark, N.J. 9 p.m. ESPN — Diamond Head Classic: Nebraska vs. Murray St., Quarterfinal, Honolulu 11:30 p.m. ESPN2 — Diamond Head Classic: Charlotte vs. Hawaii, Quarterfinal, Honolulu COLLEGE VOLLEYBALL (WOMEN’S) 3 p.m. ABC — NCAA Tournament: Louisville vs. Penn St., Championship, Louisville, Ky. GOLF 11:30 a.m. GOLF — PGA Tour: The PNC Championship, Day 2, Ritz-Carlton Golf Club, Orlando, Fla. 1:30 p.m. NBC — PGA Tour: The PNC Championship, Day 2, Ritz-Carlton Golf Club, Orlando, Fla. HORSE RACING 3 p.m. FS1 — NYRA: America’s Day at the Races NBA G-LEAGUE BASKETBALL 10:30 a.m. NBATV — Winter Showcase: Indiana vs. Texas, Orlando, Fla. 1 p.m. NBATV — Winter Showcase: College Park vs. Osceola, Orlando, Fla. 7:30 p.m. ESPN2 — Winter Showcase: TBD, Championship, Orlando, Fla. NFL FOOTBALL 1 p.m. CBS — Regional Coverage: Tennessee at Indianapolis, L.A. Rams at N.Y. Jets, Cleveland at Cincinnati FOX — Regional Coverage: N.Y. Giants at Atlanta, Detroit at Chicago, Philadelphia at Washington, Arizona at Carolina 4:05 p.m. FOX — Minnesota at Seattle 4:25 p.m. CBS — Regional Coverage: New England at Buffalo, Jacksonville at Las Vegas, San Francisco at Miami 8:20 p.m. NBC — Tampa Bay at Dallas PEACOCK — Tampa Bay at Dallas NHL HOCKEY 12:30 p.m. NHLN — Carolina at N.Y. Rangers 8 p.m. NHLN — Seattle at Colorado SNOWBOARDING 4:30 p.m. NBC — FIS: World Cup, Copper Mountain, Colo. SOCCER (MEN’S) 8:35 a.m. FS2 — The French Cup: Olympique de Marseille at AS Saint-Étienne, Round of 64 9 a.m. USA — Premier League: Chelsea at Everton 11:30 a.m. USA — Premier League: Liverpool at Tottenham Hotspur Noon CBSSN — Serie A: Empoli at Atalanta 2:50 p.m. FS2 — The French Cup: Paris Saint-Germain at RC Lens, Round of 64 TENNIS 11 a.m. TENNIS — Next Gen ATP Finals: Final The Associated Press created this story using technology provided by Data Skrive TV listings provided by LiveSportsOnTV .

Major stock indexes on Wall Street drifted to a mixed finish, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1 per cent, after wavering between tiny gains and losses most of the day. The benchmark index posted a loss for the week, its first after three straight weekly gains. There were more than twice as many decliners than gainers on the New York Stock Exchange. Credit: Bloomberg The Dow Jones slipped 0.2 per cent, while the Nasdaq composite rose 0.1 per cent, ending just below the record high it set on Wednesday. The Australian sharemarket is set to retreat, with futures pointing to a slide of 39 points, or 0.5 per cent, at the open. There were more than twice as many decliners than gainers on the New York Stock Exchange. Gains in technology stocks helped temper losses in communication services, financials and other sectors of the market. Broadcom surged 24.4 per cent for the biggest gain in the S&P 500 after the semiconductor company beat Wall Street’s profit targets and gave a glowing forecast, highlighting its artificial intelligence products. The company also raised its dividend. The company’s big gain helped cushion the market’s broader fall. Pricey stock values for technology companies like Broadcom give the sector more weight in pushing the market higher or lower. Artificial intelligence technology has been a focal point for the technology sector and the overall stock market over the last year. Tech companies, and Wall Street, expect demand for AI to continue driving growth for semiconductor and other technology companies. Some tech stocks were a drag on the market. Nvidia fell 2.2 per cent, Meta Platforms dropped 1.7 per cent and Google parent Alphabet slid 1.1 per cent. Among the market’s other decliners were Airbnb, which fell 4.7 per cent for the biggest loss in the S&P 500, and Charles Schwab, which closed 4 per cent lower. Furniture and housewares company RH, formerly known as Restoration Hardware, surged 17 per cent after raising its forecast for revenue growth for the year. All told, the S&P 500 lost 0.16 points to close at 6,051.09. The Dow dropped 86.06 points to 43,828.06. The Nasdaq rose 23.88 points to 19,926.72. Wall Street’s rally stalled this week amid mixed economic reports and ahead of the Federal Reserve’s last meeting of the year. The central bank will meet next week and is widely expected to cut interest rates for a third time since September. Expectations of a series of rate cuts has driven the S&P 500 to 57 all-time highs so far this year. The Fed has been lowering its benchmark interest rate following an aggressive rate hiking policy that was meant to tame inflation. It raised rates from near-zero in early 2022 to a two-decade high by the middle of 2023. Inflation eased under pressure from higher interest rates, nearly to the central bank’s 2 per cent target. The economy, including consumer spending and employment, held strong despite the squeeze from inflation and high borrowing costs. A slowing job market, though, has helped push a long-awaited reversal of the Fed’s policy. Inflation rates have been warming up slightly over the last few months. A report on consumer prices this week showed an increase to 2.7 per cent in November from 2.6 per cent in October. The Fed’s preferred measure of inflation, the personal consumption expenditures index, will be released next week. Wall Street expects it to show a 2.5 per cent rise in November, up from 2.3 per cent in October. The economy, though, remains solid heading into 2025 as consumers continue spending and employment remains healthy, said Gregory Daco, chief economist at EY. “Still, the outlook is clouded by unusually high uncertainty surrounding regulatory, immigration, trade and tax policy,” he said. Treasury yields edged higher. The yield on the 10-year Treasury rose to 4.40 per cent from 4.34 per cent late Thursday. European markets slipped. Britain’s FTSE 100 fell 0.1 per cent. Britain’s economy unexpectedly shrank by 0.1 per cent month-on-month in October, following a 0.1 per cent decline in September, according to data from the Office for National Statistics. Asian markets closed mostly lower. AP The Market Recap newsletter is a wrap of the day’s trading. Get it each we e kday afternoon .

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