Switzerland investigates six for suspected bribery of foreign officials in 1MDB probe

1MDB has become the biggest case pursued by the US Department of Justice under its anti-kleptocracy program. (Reuters)
Updated 10 July 2018
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Switzerland investigates six for suspected bribery of foreign officials in 1MDB probe

KUALA LUMPUR: Switzerland is investigating six people on suspicion of bribing foreign officials and other offenses, as part of a money laundering investigation into Malaysian state fund 1MDB, the Swiss attorney general’s office said on Tuesday.
Former Malaysian Prime Minister Najib Razak is not one of the “public officials under accusation,” the statement said.
The six under investigation are two former officials from 1MDB, two former officials from Abu Dhabi sovereign funds and two officials of Saudi energy group Petrosaudi.
The statement was issued after Swiss Attorney General Michael Lauber met with his Malaysian counterpart Tommy Thomas in Kuala Lumpur.


Apple China says it will push software update in bid to resolve Qualcomm case

Updated 14 December 2018
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Apple China says it will push software update in bid to resolve Qualcomm case

  • Apple will carry out the software updates at the start of next week to address the concern
  • A court found Apple infringed two patents held by the chipmaker and banned sales of older iPhone models

SHANGHAI/SAN FRANCISCO: Apple Inc. , facing a court ban in China on some of its iPhone models over alleged infringement of Qualcomm Inc. patents, said on Friday it will push software updates to users in a bid to resolve potential issues.
Apple will carry out the software updates at the start of next week “to address any possible concern about our compliance with the order,” the firm said in a statement sent to Reuters.
Earlier this week, Qualcomm said a Chinese court had ordered a ban on sales of some older Apple iPhone models for violating two of its patents, though intellectual property lawyers said the ban would still likely take time to enforce.
“Based on the iPhone models we offer today in China, we believe we are in compliance,” Apple said.
“Early next week we will deliver a software update for iPhone users in China addressing the minor functionality of the two patents at issue in the case.”
The case, brought by Qualcomm, is part of a global patent dispute between the two US companies that includes dozens of lawsuits. It creates uncertainty over Apple’s business in one of its biggest markets at a time when concerns over waning demand for new iPhones are battering its shares.
Qualcomm has said that the Fuzhou Intermediate People’s Court in China found Apple infringed two patents held by the chipmaker and ordered an immediate ban on sales of older iPhone models, from the 6S through the X.
Apple has said that all of its phone models remained on sale in mainland China and that it had filed a request for reconsideration with the court. All the models appeared to be available to buy on Apple’s China website on Friday.
Qualcomm, the biggest supplier of chips for mobile phones, filed its case in China in late 2017, arguing that Apple infringed patents on features related to resizing photographs and managing apps on a touch screen.