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Qualcomm has denied any wrongdoing and had asked the judge to reject the consumers' claims. The consumers' case was in Corley's court following a 9th Circuit ruling in 2021 that struck down an order certifying a nationwide consumer class action. In January, Corley dismissed core antitrust elements of the plaintiffs' claims but let the case move forward. The consumers' lawyers told Corley that "Qualcomm turns a blind eye to the massive evidentiary record" backing the consumers' allegations of exclusive dealing. The case is In re: Qualcomm Antitrust Litigation, U.S. District Court, Northern District of California, No.
Persons: Dado Ruvic, Jacqueline Scott Corley, Corley, Joseph Cotchett, Kalpana Srinivasan, Susman Godfrey, Robert Van, Van, Gary Bornstein, Richard Taffet, Morgan, Lewis, Bockius Read, Mike Scarcella, Leigh Jones Organizations: Qualcomm, REUTERS, Tuesday, U.S, Apple, U.S . Federal, Circuit, Qualcomm Antitrust Litigation, Court, Northern District of, McCarthy, Thomson Locations: California, San Francisco, San Diego, Northern District, Northern District of California, Cotchett, Pitre, U.S
Students of the Bloom Institute of Technology have filed a class action lawsuit against the school. They say the coding bootcamp, formerly known as Lambda School, advertised false job placement rates. While students have previously taken legal action against BloomTech, this is the first class action lawsuit against it. Former BloomTech students said that the school fell short of its promise with under-qualified instructors and an incomplete curriculum, Insider first reported. Leaked documents also showed that BloomTech's job placement rates were much lower than advertised, Insider previously reported.
That will mark its seventh and final painful hike of the year, albeit a smaller one than the last four historically high three-quarter point increases. Investors will be paying close attention to these forecasts for clues about the path of rate hikes in the new year and beyond. Now the opposite is true, the dots have become a signal that interest rates will remain elevated into the future — spooking investors and Fed watchers alike. Back in December 2021, the Fed was only expecting rates to finish this year at about 0.9%. What else: Wednesday will also bring the Fed’s latest forecasts for the unemployment rate and gross domestic product (GDP) growth.
CNN —Tesla CEO Elon Musk has said numerous times since 2015 that Tesla cars would be entirely self-driving in two years, or less. Even when equipped with a $15,000 technology package that is literally called “Full Self Driving Capability,” a Tesla car can’t actually drive by itself. The lawsuit cited numerous times when Musk and others at Tesla had stated that, within a year or two, the cars would be fully self-driving thanks to software updates. For instance, in a 2016 Tweet, Musk stated that a Tesla car would be able to drive itself across the United States “by next year,” the suit said. Later that year, Tesla published a video, also cited in the lawsuit, which the automaker said showed one of its cars driving itself.
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