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Trump blocks Broadcom’s bid to buy Qualcomm

WASHINGTON: US President Donald Trump on Monday blocked an unsolicited bid by Singapore-based Broadcom to take over smartphone chipmaker Qualcomm, citing national security concerns. Trump issued an order barring the proposed…

EU fines chipmaker Qualcomm 1bn euros for Apple deal

PARIS: The EU on Wednesday hit US chipmaking giant Qualcomm with an antitrust fine of 997 million euros ($1.2 billion) for paying Apple to use its chips exclusively in iPhones and iPads. EU Competition Commissioner Margrethe Vestager…