Tag Archives: Agrees

SoftBank Agrees to Buy ARM Holdings for $31 Billion: Report

Japan’s SoftBank Group Corp is set to agree a deal to buy British chip designer ARM Holdings PLC for around $32 billion (roughly Rs. 2,14,704 crores), a source familiar with the deal said, adding an announcement could come later in the day. ARM, the most valuable tech company listed in London, is a major presence in mobile processing, with its ... Read More »

US Supreme Court Agrees to Hear Apple-Samsung Patent Fight

The US Supreme Court on Monday stepped into the high-profile patent fight between the world’s two fiercest smartphone rivals, Apple and Samsung, agreeing to hear Samsung’s appeal of what it contends were excessive penalties for copying the patented designs of the iPhone. Samsung Electronics Co Ltd paid Apple more than $548 million in December related to a jury verdict from ... Read More »

Uber Agrees to Settle ‘Safe Rides Fee’ Lawsuit for $28.5 Million

Uber has agreed to pay $28.5 million to settle litigation brought by customers who alleged the ride hailing service misrepresented the quality of its safety practices and the fees it charged passengers, the company said on Thursday. The two proposed class action lawsuits said Uber charged passengers a “Safe Rides Fee” of as much as $2.30 per trip to support ... Read More »