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( MENAFN - AFP) A federal jury in the United States on Friday delivered a key win to mobile commputing titan Qualcomm in a licensing dispute with Arm, although proceedings between the chipmakers ended in mistrial. The jury ruled that Arm central processor designs that Qualcomm had acquired when it bought technology company Nuvia had been properly licensed. Arm had contested that claim, demanding Qualcomm pay a higher licensing fee under a bilateral agreement between the two chipmakers, rather than the lower fee in Arm's agreement with Nuvia. The difference in royalties purportedly saved Qualcomm tens of millions of dollars. British chipmaker Arm said it would seek a retrial. Qualcomm bought Nuvia, a CPU design company, in a $1.4 billion deal that closed in 2021, according to the California-based chip maker. The acquisition was seen as a key move in Qualcomm's expansion into the laptop market. The federal jury did not, however, reach an agreement on whether Qualcomm breached a licensing agreement with Arm. "We are pleased with today's decision," Qualcomm said in a statement posted online. "The jury has vindicated Qualcomm's right to innovate and affirmed that all the Qualcomm products at issue in the case are protected by Qualcomm's contract with Arm." In response to an AFP inquiry, an Arm spokesperson said they would seek a retrial "due to the jury's deadlock." "From the outset, our top priority has been to protect Arm's (intellectual property) and the unparalleled ecosystem we have built with our valued partners over more than 30 years," they said. Qualcomm shares were up about 2 percent in after-market trades to $155.99 while Arm shares shed more than one percent to $130.50. MENAFN20122024000143011026ID1109018589 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.casino free credit

NASSAU, Bahamas — Justin Thomas was long off the tee and made a few long putts on the back nine to overtake Scottie Scheffler with a 6-under 66 and build a one-shot lead Saturday over golf's best player going into the final round of the Hero World Challenge. Thomas is trying out a 46-inch driver — a little more than an inch longer than normal — that he previously used for practice at home to gain speed and length. He blasted a 361-yard drive to 8 feet on the par-4 seventh hole and led the field in driving distance. But it was a few long putts that put him ahead of Scheffler, who had a 69. Thomas was on the verge of falling two shots behind when he made an 18-foot par putt on the par-3 12th hole. On the reachable par-4 14th, he was in a nasty spot in a sandy area and could only splash it out to nearly 50 feet. He made that one for a most unlikely birdie, while behind him Scheffler muffed a chip on the 13th hole and made his lone bogey of a windy day. People are also reading... Scheffler never caught up to him, missing birdie chances on the reachable 14th and the par-5 15th. Thomas hit his approach to 3 feet for birdie on the 16th after a 343-yard drive. Scheffler made an 18-foot birdie putt on the 16th to close within one. Scheffler missed birdie chances on the last two holes from the 10-foot and 15-foot range, while Thomas missed an 8-foot birdie attempt at the last. "I had a stretch at 13, 14, 15 where I felt like I lost a shot or two there, but outside of that I did a lot of really good things today," Scheffler said. Thomas hasn't won since the 2022 PGA Championship at Southern Hills, and a victory at Albany Golf Club wouldn't count as an official win. But the two-time major champion has made steady progress toward getting his game back in order. "I'm driving it great. I've had a lot of confidence with it," Thomas said of his longer driver. "I feel like I've been able to put myself in some pretty good spots going into the green. I'm still not taking advantage of some of them as much as I would like, but that's golf and we're always going to say that." Thomas was at 17-under 199 and will be in the final group Sunday with Scheffler, who is trying to end his spectacular season with a ninth title. Tom Kim put himself in the mix, which he might not have imagined Thursday when he was 3 over through six holes of the holiday tournament. Kim got back in the game with a 65 on Friday, and then followed with 12 birdies for a 62. He had a shot at the course record — Rickie Fowler shot 61 in the final round when he won at Albany in 2017 — until Kim found a bunker and took two shots to reach the green in making a double bogey on the par-3 17th. Even so, he was only two shots behind. Ryder Cup captain Keegan Bradley (68) was four back. "Feel like I've been seeing signs of improvement, which is what you want and that's all I can do," Thomas said. "I can't control everybody else or what's going on, I've just got to keep playing as good as I possibly can and hope that it's enough come Sunday." Be the first to know



Thomas uses big drives and putts to hold lead in Bahamas

Silo Pharma CEO Eric Weisblum buys $4,625 in company stockExcitement for Virginians and New Kent County businesses is already building ahead of the Virginia Derby in March, New Kent County's Lindsay Hurt writes in a guest column.

Clinker Cooler Market 2024: A Decade of Phenomenal Growth Ahead 12-13-2024 07:42 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: Prudent Markets Clinker Cooler Market The Clinker Cooler Market 2024-2023 report provides a comprehensive analysis of Types (Single Cylinder Clinker Cooler, Mutiple Cylinder Clinker Cooler), Application (Building, Petrochemical, Other), Analysis of Industry Trends, Growth, and Opportunities, R&D landscape, Data security and privacy concerns Risk Analysis, Pipeline Products, Assumptions, Research Timelines, Secondary Research and Primary Research, Key Insights from Industry Experts, Regional Outlook and Forecast, 2024-2032. 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