Marketplace®

Daily business news and economic stories

Apple’s White House pals

What's behind the Obama administration's decision to overturn an International Trade Commission ban in favor of Apple?

Samsung did not have a good Monday, and Tuesday doesn’t look like it’s going to be so hot, either. The South Korean tech giant had won a sales ban against older Apple products. It’s part of a larger battle involving patents for wireless communications over 3G networks. But, it seems Apple has friends in high places. President Obama overturned that International Trade Commission ban this past weekend. Samsung’s stock took a dive in response. Leaders at the company and in the South Korean government are not happy about it. Here’s the thing though — the president’s move may actually be about getting Samsung and Apple to speed things up in settling the larger patent war, or so says our friend Molly Wood of CNET.

Related Topics

Latest Episodes

View All Shows
  • Marketplace Morning Report
    6 hours ago
    9:13
  • Marketplace Tech
    10 hours ago
    9:11
  • Million Bazillion
    10 hours ago
    28:24
  • Marketplace
    a day ago
    26:08
  • Make Me Smart
    a day ago
    16:46
  • How We Survive
    4 days ago
    25:04
  • This Is Uncomfortable
    4 days ago
    26:12
  • Financially Inclined
    3 months ago
    12:30
  • The Uncertain Hour
    4 months ago
    22:50
  • Corner Office from Marketplace
    5 years ago
    20:58