Listen: Qualcomm, Apple And Bloomberg discussed on BTV Simulcast
"Com. Bloomberg the world is listening. Apple and Qualcomm have spent over two years fighting over patent licensing around the globe. Now, they're heading to court again trial started in San Diego where a federal jury will decide if Qualcomm engage in a legal patent licensing practices and whether apple had the right to stop paying royalties for it. Both CEOs are expected to testify in the trial which could last long as five weeks joining us to discuss Bloomberg's Ian king and Matt Larsen vice president of oceanic ventures, which focuses on investment opportunities in late stage. Private tech companies. He's also a former litigator equity analyst focused on the impact of tech lawsuits on financial markets. So first of all set the stage for us jury selection started in San Diego. What's next we might even get the opening statements today, but the state is this is the main of this is kind of what we've been waiting for a couple of years as you said Qualcomm will find out whether it can full of. Household basically to do what it said it should it on which is get paid. And it's talking seven billion dollars probably more at this point. On the flip side of we're going to have a jury decide whether apple is right. Whether the call is being not, basically, whether they've been illegally full thing. People to pay these play license now Matt we've seen apple have the upper hand within Qualcomm have the upper hand we've seen different courts around the world rule in the other favor. So who has the upper hand now? When you get to trial like this. It's really asking who has the upper hand a coin flip, especially when you're going to a jury about licensing antitrust questions. It's a five week jury trial and some things that can be pretty dry, frankly. So the overall dispute I tend to think that Qualcomm has a has a slight upper but apple has some strong arguments. Qualcomm is facing a lot of pressure from regulators from kind of the licensing drought that they've been going through for the past couple of years. So"