ARM Shifts Legal Focus to Nuvia Amid Qualcomm Dispute; Amazon Faces Growth Slowdown

In a recent development, ARM has shifted its legal strategy in a licensing dispute with Qualcomm, redirecting its efforts towards Qualcomm's subsidiary, Nuvia. Initially, ARM accused Qualcomm of deliberately infringing on its high-end processor licensing. However, a US jury ruled in Qualcomm's favor on two out of three counts, indicating that Qualcomm holds the appropriate licenses. Consequently, ARM has decided not to appeal this ruling but continues its legal action against Nuvia, as the jury did not address whether Nuvia violated its previous ARM license.

While ARM navigates its legal challenges, Amazon has reported significant financial growth, with a 10% increase in overall revenue and nearly doubled profits in the last quarter of the previous year. Yet, the growth of Amazon Web Services (AWS), the company's cloud computing division, while still strong, is lagging behind competitors like Google and Microsoft. Furthermore, projections for the upcoming quarter suggest a potential slowdown in growth, causing some unease among investors, reflected in a slight decline in Amazon's stock price.

In another tech-related alert, cybersecurity researchers have raised alarms about a new kind of malware targeting both Android and iPhone users. Dubbed SparkCat, this malware is disguised as benign applications available through mainstream app stores. Once installed, these applications request access to users' photo libraries under false pretenses, allowing them to scan for sensitive information, including passwords for cryptocurrency wallets.

On the consumer protection front, a class-action lawsuit has been initiated against DAZN, the sports streaming service, by the Federal Association of Consumer Centers in Germany. This lawsuit addresses what the organization claims are unjustified price increases for existing subscribers over the past few years. The lawsuit, which is now registered with the Federal Office of Justice, allows affected consumers to join the action without incurring fees.

In the realm of data security, recent weeks have seen a spate of data leaks, including one affecting a major network of rehabilitation clinics, where sensitive patient data was publicly accessible online. A recent episode of a privacy-focused podcast dives into these incidents, exploring the lack of accountability among companies and discussing preventive measures and appropriate responses to such breaches.

Lastly, the Wall Street Journal has reported that Google is abandoning its diversity and inclusion hiring goals, as indicated by the absence of these commitments in its latest financial report, which disappointed investors. This change comes amidst broader scrutiny of corporate responsibility in diversity initiatives.

In related news, the Federal Network Agency in Germany has taken significant action by removing numerous devices from the market that fail to meet regulatory standards. Additionally, Tesla is experiencing a substantial drop in electric vehicle registrations, with a nearly 60% decrease in recent months, raising concerns about the brand's market position. Meanwhile, Sonos has announced workforce reductions affecting 200 employees as part of its restructuring efforts.