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Posts Tagged ‘settle’

Dell Looks to Settle Intel Claims with SEC

June 11th, 2010 | No Comments

Dell executives, including CEO Michael Dell, are in talks with the SEC to settle allegations of financial misconduct involving the OEM’s relationship with chip maker Intel. The allegations reportedly involve questionable accounting practices by Dell around payments and rebates it received from Intel over the past decade. –

Dell executives are in discussions with federal regulators to settle
allegations of financial misconduct brought by the Securities and Exchange
Commission related to the tech vendors dealings with chip maker Intel.
The discussions involve both an investigation by the SEC that
began in 2005 …

Merkel in Turkey in effort to settle differences

March 29th, 2010 | No Comments

Germany resistance to full Turkish membership of the EU is one thorny issue to be addressed as Chancellor Angela Merkel visits Ankara. Discussions are planned on a series of issues, including integration of immigrants.

Mourinho looks to settle score with Chelsea

February 23rd, 2010 | No Comments

Jose Mourinho might not be Italian football’s favourite import but he will be flying the flag for Serie A tomorrow as his Inter Milan side host Chelsea in their Champions League knockout round first leg. Italy’s struggles in Europe’s prime club competition were underlined last season as Inter,

ATandT Offers $18M to Settle ETF Complaints

January 27th, 2010 | No Comments

AT T files an early termination fee settlement in a New Jersey U.S. District Court, offering customers who filed a class action complaint $16 million in cash and $2 million in other benefits.
– AT amp;T has filed a class action settlement in a New Jersey U.S. District
Court regarding customer complaints about the company’s flat-rate early
termination fees. Although the document is dated Sept. 15, 2009, those involved in the lawsuit
were notified Jan. 26.
The carrier has offered $16 mil…

AMD, Intel Settle Legal Disputes

November 12th, 2009 | No Comments

Rival chip makers AMD and Intel have settled their pending legal disputes in a deal that will include Intel paying its rival $1.25 billion and agreeing to a set of business practices. AMD officials had argued that Intel over the past few years had used anticompetitive practices to limit the use of AMD products by OEMs such as Dell, HP and IBM. The two sides also signed a new cross-patent deal.
– Intel and Advanced Micro Devices have reached a settlement in all
the legal disputes between the two chip makers, including antitrust and
cross-license issues.
As part of the deal, Intel will pay AMD $1.25 billion and agree to a set of business practice provisions.
The two companies announced th…

Analyst: AMD, Intel Could Settle Lawsuit

November 11th, 2009 | No Comments

Analyst Tim Luke at Barclays Capital is speculating that AMD and Intel could settle their contentious lawsuit before it gets to trial in March 2010. Both AMD and Intel would benefit by ending the lawsuit, which has cost each company millions of dollars in legal fees. For Intel, it also would help end some uncertainty at a time when the company is under scrutiny from regulators in the United States and overseas.
– Despite the wave of antitrust litigation crashing in on Intel, one analyst reportedly is predicting that the private lawsuit between the chip maker and rival Advanced Micro Devices could be ending soon.
In a research note Nov. 10, Barclays Capital analyst Tim Luke said
that a settlement would be b…

eBay, Skype Settle IP Suits with Joltid, sans Index Ventures

November 6th, 2009 | No Comments

eBay settles lawsuits with Joltid and Joost in a $1.9 billion deal that gives Skype ownership over all software previously licensed from Joltid and paves the way for a group of investors to acquire the majority of the company. Joltid and Skype founders Niklas ZennstrÃ¶m and Janus Friis, who had earlier tried to buy Skype back from eBay, will join the investor group, contributing Joltid software and making a capital investment in exchange for a 14 percent stake in Skype. Silver Lake and fellow investors Andreessen Horowitz and the Canada Pension Plan Investment Board will grab 56 percent of Skype, with eBay retaining the remaining 30 percent.
– The future of voice-over-IP service Skype looks bright again for its more
than 500 million users.
eBay Nov. 6 said it has settled lawsuits with Joltid and
Joost in a $1.9 billion deal that gives Skype ownership over all software
previously licensed from Joltid and paves the way for a group of in…

Aruba, Motorola Settle Patent Dispute

November 6th, 2009 | No Comments

WLAN vendor Aruba agrees to a one-time payment of $19.8 million to Motorola and its subsidiaries, Symbol Technologies and Wireless Valley Communications. The out-of-court settlement also calls for a cross-licensing agreement between Aruba and Motorola for WLAN communication technologies.
– Aruba Networks and Motorola said Nov. 6 they have settled a two-year dispute
over patents owned by both companies. The settlement involves Aruba
paying Motorola $19.8 million and both parties agreeing to a cross-licensing
agreement.

The dispute dates back to August 2007 and involves patents re…

Indian Tycoon Anil Ambani rebuffed in bid to settle family feud

October 13th, 2009 | No Comments

Indian tycoon Anil Ambani has extended an olive branch to his brother to settle an ugly feud stemming from a family pact splitting their corporate empire but his overture has been rebuffed. After firing nearly daily volleys at his older brother Mukesh Ambani, Anil invoked “divine blessings”