Qualcomm Chip Ban Continues
(I guess Verizon figured that they could trust Broadcom since Broadcom had the sense to get rid of co-founder Henry T. Nicholas a few years ago - who has been implicated not only in some stock option tomfoolery but also stands accused of building a secret lair for sex and drugs(!) under his estate. Yes, that's only tangentially related to the story here, but some things are just to juicy not to link. Thanks to Joe for the scandalous tip!)
Anyhow, seems like Verizon made the right decision, as things aren't going so well for Qualcomm:
The Court of Appeals for the Federal Circuit dismissed Qualcomm's request for a stay of the ban, saying that it can't consider a stay until a presidential review period is over. U.S. President George Bush has 60 days following the U.S. International Trade Commission's decision from June 7 to overturn the ban.
So it's looking like it really is going to take presidential intervention to keep Qualcomm's chips flowing into the US. Somebody throw Qualcomm a bone - they're having a rough time of it lately.