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Qualcomm faces big trouble in China

Qualcomm CEO Steve Mollenkopf at the 2014 International CES. Justin Sullivan/Getty Images Qualcomm’s woes in China look to be worsening. Citing the state-run Securities Times newspaper, Reuters said Thursday the China National Development and Reform Commission found that Qualcomm abused its monopoly in the country and could face stiff fines of more than $1 billion. The Securities Times report was …

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What Amazon won’t say about the Fire Phone

CNET What Amazon won’t talk about during the release of its earnings Thursday is exactly what people want to know: is the Fire Phone actually selling? The Seattle-based e-commerce giant is expected to report a loss for the second quarter of this year, in part because of its recent investment in new hardware devices, which include the smartphone and the …

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