Hello, and welcome to our latest M-LX podcast. I'm Amy Miller, M-LX's Senior Privacy and Data Security

Reporter in San Francisco, California. As opening arguments wrapped up in the high-stakes antitrust trial between Apple and Qualcomm,

news of a settlement ripped through the courtroom.

After more than two years of litigation and several years of contentious licensing negotiations,

the two companies buried the hatchet.

Most of the terms are confidential, though Apple did make an unknown payment

to Qualcomm. But the surprise truce means the two companies can rekindle one of the more

lucrative business partnerships in the tech sector. However, several questions remain

unanswered, including the settlement's impact on the global smartphone industry. Here

today to bring us up to speed is M-Lex senior correspondent Josh

Cisco. Hi Amy. And Mike Swift, Chief Global Digital Risk Correspondent. Hey, Amy. And they've

both been following the case closely. First off, remind us what the legal fight is over.

The case essentially boils down to licensing agreements between Apple and Qualcomm over Qualcomm's cellular

patents. Qualcomm owns a great deal of technology over the deals with how smartphones connect

to the internet. Apple needs them in its iPhones and many of its tablets. And Apple doesn't

want to pay what Qualcomm is asking. And

Qualcomm, Apple thinks that Qualcomm is asking too much. And Qualcomm thinks that Apple is trying

to devalue its technology. How was the trial expected to play out? What did you guys expect?

There was several high-profile executives. Apple CEO,

Tim Cook, was expected to take the stand at some point, and it would have been the first time

he's ever testified as a representative Apple. Qualcomm, CEO Steve Mollenkopf, was also expected

to testify. Other senior executives from the companies were going to take the stand.

...