Plus, Uber will give rude customers the boot, and a victory for gender-neutral parental leave. Source: NYT > Business – Charlotte Cowles
As China Takes Aim, Silicon Valley Braces for Pain
The tech cold war is heating up. U.S. companies that depend on the giant China market are preparing themselves for the fallout. Source: NYT > Business – David Streitfeld and Don Clark
As Trade War Rages, China’s Sway Over the U.S. Fades
Beijing once could count on allies in business and politics to help get its way. Now many of its old allies are staying on the sidelines. Source: NYT > Business – KEITH BRADSHER
Supreme Court Allows Antitrust Lawsuit Against Apple to Proceed
Plaintiffs argued that the technology giant had used its monopoly power to raise the prices of iPhone apps. Source: NYT > Business – ADAM LIPTAK and JACK NICAS
Qualcomm Pegs Payment From Apple at $4.5 Billion to $4.7 Billion
Qualcomm’s forecasts suggested Apple’s licensing fees will not substantially increase revenue as Apple catches up on royalties. Source: NYT > Business – REUTERS
Apple Plans to Buy $75 Billion More of Its Own Stock
The company said it would add to its record returns to shareholders, most likely fueling an intensifying debate over corporate spending. Source: NYT > Business – JACK NICAS