Author Archives: Bloomberg Media

The building housing the corporate headquarters of Qualcomm Inc., the world's No. 2 maker of microchips that power mobile telephones, is pictured in San Diego, California, on Monday, February 23, 2004. Qualcomm boosted it's second-quarter profit forecast by about a third because of increasing demand for handsets based on its wireless technology. Photographer: Earl Cryer/Bloomberg News

Qualcomm Fined Record $773 Million in Taiwan Antitrust Probe 

Qualcomm Fined Record $773 Million in Taiwan Antitrust Probe 

By Bloomberg News Qualcomm Inc. was fined a record NT$23.4 billion ($773 million) by Taiwan’s Fair Trade Commission in the latest blow from regulators over the way the U.S. company prices mobile phone chips and patents. The company has been violating antitrust rules for at least 7 years and Qualcomm collected NT$400 billion in licensing

Las Vegas. Photographer: Billy H.C. Kwok / Bloomberg

Lawsuit Over Las Vegas Shooting Tests Gun Industry’s Immunity

By Polly Mosendz, Bloomberg News Last week’s massacre at a Las Vegas country music festival offers gun control advocates a fresh chance to test a law, put in place by Republicans and the gun industry’s lobby, that protects the industry from liability for the criminal actions of some of their customers. Starting with a lawsuit

Jerry Brown, governor of California. Photographer: David Paul Morris / Bloomberg.

Legal Fight Looms Over California’s New Drug Pricing Law

By Jared S. Hopkins, Bloomberg News California passed a law requiring pharmaceutical companies to explain their price increases, escalating the state-by-state battle between lawmakers trying to bring more transparency to the industry’s practices and drugmakers that oppose the efforts. The California measure, signed Monday by Governor Jerry Brown, is among the most aggressive state efforts

Photo by Michael Nagle / Bloomberg

Lilly Wins U.S. Patent Challenges to Its Alimta Cancer Drug

By Susan Decker and Tatiana Darie, Bloomberg News Eli Lilly & Co. won a challenge to the validity of a patent that keeps generic versions of its $2 billion lung cancer drug Alimta off the U.S. market until 2022. The Patent Trial and Appeal Board rejected arguments by companies including Teva Pharmaceutical Industries Ltd., Novartis

Photographer: Irina Rozovsky for Bloomberg Businessweek

The Lawyer Who Beat Big Tobacco Takes On the Opioid Industry

By Esmé E Deprez and Paul Barrett, Bloomberg Businessweek Seven years ago, Mike Moore stepped from the 2 a.m. darkness into the light of a small home off Lakeland Drive in Jackson, Miss., to find his nephew close to death. The 250-pound 30-year-old was slumped on the living room couch, his face pale, breath shallow,

Don McGahn, general counsel for the Trump transition team, gets into an elevator in the lobby at Trump Tower, November 15, 2016 in New York City. (Photo by Drew Angerer/Getty Images)

Trump’s Legal Team Isn’t Playing Well Together

By Tom Schoenberg and Shannon Pettypiece, Bloomberg Businessweek In August, White House lawyer Ty Cobb made a bold prediction — the cloud cast by the Russia investigation that President Trump hired him to handle would soon lift. If special counsel Robert Mueller’s probe into Russian election meddling was still haunting the White House by Thanksgiving, Cobb

Justin Kan, Atrium co-founder

We’re Creating ‘Bionic Lawyers’ Says Atrium Founder Justin Kan

  Justin Kan, the entrepreneur behind Twitch, which was acquired by Amazon for $970 Million in 2014, discusses his latest venture, Atrium, “a technology enabled law firm for start-ups.”   Subscribe to the Big Law Business podcast on iTunes. Want to receive more stories like this in your inbox every morning? Subscribe to our daily newsletter today!

A pedestrian walks past Pfizer Inc. headquarters in New York, U.S., on Monday, Nov. 23, 2015. Photographer: Michael Nagle/Bloomberg

Pfizer-Allergan Merger Redo Seen Unlikely as Tax Rule Rejected

By Lynnley Browning, Bloomberg News A federal judge last week overturned a tax regulation that stopped the planned $160 billion merger between Pfizer Inc. and Ireland-based Allergan Plc last year– but the ruling doesn’t necessarily mean the deal would be revived, experts said. The proposed merger drew nationwide outcry over the prospect that it would

Photo by Craig Warga/Bloomberg

Starbucks, Google Assailed by Shareholders Over Gender Policies

By Emily Chasan, Bloomberg News Investors focused on social issues are finding that trickle-down diversity doesn’t work. For years, they surmised that having enough women on boards and in senior management would produce fairer policies. Now investors are changing tactics, saying it’s not enough and that employers also need to implement gender-pay equity and paid-