Qualcomm hasn’t been very successful with its licensing practices. It’s gotten into trouble in South Korea for charging phone makers over an “unnecessarily broad set of patents” It has also been dealing with lawsuits from the FTC and Apple for similar tactics. Qualcomm was ordered to pay BlackBerry $815 million in an arbitration settlement last April. BlackBerry announced today that the two companies have reached a final agreement amount of $940 miillion, which includes the original arbitration amount along with interst and attorneys’ fees. The release says that Qualcomm will pay the full amount before the end of May. BlackBerry has been trying to change its fortune after getting out of phone design . It brought in $286 million in revenue last quarter, making this $940 million settlement a much needed infusion of cash to can help the beleaguered company pivot towards self-driving cars . For its part, Qualcomm seems to be weathering the storm of lawsuits and anti-trust fines with countersuits and settlements like the current BlackBerry agreement. Qualcomm’s chips power a large number of mobile devices, with a Snapdragon system-on-chips in high-end Android phones. The company also continues to expand to as many other devices as possible, including IoT and connected cars . We’ve reached out to Qualcomm for comment on this story and will update when we hear back. Source: Blackberry 
			
			
An anonymous reader writes: In another intraday jump of more than $200, bitcoin surged to a record Thursday on strong Asian demand overnight. Bitcoin jumped more than 10 percent to an all-time high of $2, 752.07, more than twice its April 30 price of $1, 347.96 according to CoinDesk. The digital currency last traded near $2, 726. At Thursday’s record, Bitcoin has now gained more than 45 percent since last Thursday and more than 180 percent for the year so far. “There is no question that we are in the middle of a price frenzy, ” said Brian Kelly of BKCM, in a note to clients Thursday. “There will be a correction and it could be severe, but it’s unclear if that correction will start from current prices of $2700 or from some place much higher.” Read more of this story at Slashdot.