Daily Crunch: Apple and Qualcomm settle their patent dispute

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1. Apple and Qualcomm are ending their legal battles
In a standoff that has been brewing since 2017, Apple argued that Qualcomm was charging too much for patent licensing. After Apple shifted to using Intel chips, Qualcomm moved to get iPhone imports banned in countries around the world for patent infringement.
The two companies have just announced a settlement, with both agreeing to drop all litigation with the other worldwide.
2. Stripe acquires Touchtech, updates APIs to prep for strong customer authentication in Europe
Touchtech Payments is a startup out of Ireland that works with banks to help them build and manage Strong Customer Authentication, a verification process that will typically require customers to provide two different forms of authentication in order to process transactions.
3. Jack Dorsey says it’s time to rethink the fundamental dynamics of Twitter
For most of the interview, Dorsey outlined steps that Twitter has taken to combat abuse and misinformation, but the TED’s Chris Anderson explained why the company’s critics sometimes find those steps so insufficient and unsatisfying. He compared Twitter to the Titanic, and Dorsey to the captain, listening calmly to passengers’ concerns about the iceberg up ahead.
Daily Crunch: Apple and Qualcomm settle their patent dispute
Billionaire Richard Liu, founder and chief executive officer of Inc., listens during an interview in Beijing, China, on Wednesday, Oct. 19, 2016. Photographer: Qilai Shen/Bloomberg via Getty Images
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