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SAN FRANCISCO (AP) — Apple is paying Intel billion for the chip maker's smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology.The agreement announced Thursday comes three months after Apple ended a long-running dispute with one of Intel's rivals, Qualcomm. That ensured Apple would have a pipeline of chips it needs for future iPhones to work on ultrafast wireless networks known as 5G.The Apple-Qualcomm truce prompted Intel to abandon its attempts to make chips for 5G modems, effectively putting that part of its business up for grabs.Once the sale is completed later this year Apple will be picking up about 2,200 Intel employees and 17,000 wireless technology patents. Barring any complications, the deal is expected to close sometime between October and December.Apple's purchase of Intel's smartphone modem patents and other technology could bolster its attempt to build its own line 5G chips and lessen its dependence on Qualcomm. The Cupertino, California, has hammered out a licensing agreement with Qualcomm that carries through April 2025, with an option to extend for an additional two years after that.Qualcomm is a pivotal supplier in the rollout of 5G, particularly in the U.S. That's because President Donald Trump's administration has blacklisted another key 5G supplier, Huawei, as part of its trade war with China.So far, 5G connections are only available in a few cities in the U.S., but they are expected to become more prevalent by next year. The faster networks will enable consumers with 5G devices to download movies in a matter of seconds and access other streaming services more quickly.Apple isn't expected to release an iPhone that works on 5G networks until September 2020, putting it behind rivals such as Huawei and Samsung, which already make handsets that work with the faster wireless technology.The sale is a residue of Intel's inability to catch up with Qualcomm in the business of making chips for smartphone modems. Intel spent the past decade trying to make inroads in that market, with its big move coming in 2011 when it bought Infineon Technologies' smartphone modem division for .4 billion.Apple rarely spends a lot on acquisitions, preferring to snap up startups for relatively small sums. The price it's paying Intel ranks this deal among its largest besides its billion takeover of Beats' headphones and music streaming service in 2014.Even if the Intel acquisition turns out to be flop, it won't leave a major dent in Apple's finances. The company ended March with 5 billion in cash. 2613

SAN DIEGO, Calif. (KGTV) - Nearly six years after it passed, Proposition B will be in front of two courts this week, with the future of San Diego pension reform on the line.Prop B was on the ballot in June of 2012 and passed with 65% of the vote. It promised to solve San Diego's pension crisis by giving new City hires a 401(k) style retirement plan instead of a pension. The change went into effect for all city hires except police officers.Since then, it's been mired in legal challenges.Shortly after it passed, union leaders sued, arguing that any changes to union employment agreements have to be negotiated first before they're placed on a ballot. They said that then-Mayor Jerry Sanders violated that rule when he openly campaigned for the Proposition in 2012.In 2015, the State Labor Board agreed with the union claims.That ruling went to the California 4th District Court of Appeals, who overturned the Labor Board's findings in 2017.In 2018, the State Supreme Court reversed the 4th District's ruling. The Supreme Court sent the issue back to the lower courts to decide what an appropriate "remedy" would be to Sanders' improper campaigning."They did not say 'Overturn Prop B.' They could have," says Reform California's Carl DeMaio, who wrote Proposition B. "They said, 'Hey, district court, find out how you punish the City of San Diego for this violation.' What’s the punishment? A slap on the wrist, a speeding ticket?"The 4th District will hold an open session on Monday, March 11 to begin that process. DeMaio says if the District Court rules to overturn Prop B, he plans to appeal that decision."Do you think they’ll actually overturn the citizens initiative? If they do, we will counter-sue on the punishment phase," says DeMaio.Meanwhile, the US Supreme Court will also look into the Proposition this week. On Friday, they'll decide whether or not to hear a case based on the First Amendment. Supporters of Prop B say the California Supreme Court's ruling violated Mayor Sanders' First Amendment rights of free speech and his ability to openly support or oppose items on a ballot."The issue is whether for not elected officials have first amendment rights," says DeMaio. "Can an elected official actually give an opinion on a ballot measure? I think yes. Even if I disagree with that opinion, it is their constitutional right. He doesn’t lose his personal free speech rights to take positions once he's elected."The US Supreme Court will announce their decision on Monday, March 18th. 2515

SAN DIEGO (KGTV) Chicano artists and activists gathered to voice their concerns about two more murals getting torn down during construction on a local school, one week after the first mural was destroyed.The San Diego Unified School District is working on upgrading Memorial Preparatory school in Logan Heights. Part of the upgrade involves tearing down buildings and walls, and on some of those walls are decades-old murals painted by local Chicano artists. The murals all celebrate the history and culture of the local area.Wednesday, Sept. 30, the artists gathered with a group outside the school and asked to save the murals. Moments later, the first mural was destroyed. A spokesperson for the district said that building could not be saved because it had asbestos.The advocates expressed concern over that statement, saying if the asbestos was really that bad, the construction workers should not have let it collapse the way it did, allowing dust to spread into neighboring homes.RELATED: Barrio Logan artists upset about destruction of historic muralOne week later and the artists gathered again in front of the school, this time saying there are two more murals inside the school they want to save. They said to their knowledge, the buildings these murals are painted on are staying up and these areas do not have asbestos, but certain parts are being torn down, including where the murals are. They’re asking the district to save these murals, offering to supply the funding and labor needed to move the artwork.“What we’re saying is we have the resources we have the will and we have the passion to go forward with the removal. So it’s not that it can’t be done, it’s that we’re not being allowed our rights to preserve them for the entire community,” a representative from the group said.KGTV spoke to a representative from the district Sept. 30, who said they did not want to take the murals down but had to for safety reasons due to the asbestos. They also mentioned the construction will benefit the students in the long run. The district could not be reached again the following week, so KGTV was unable to ask why the other two murals cannot be saved. 2176

SAN FRANCISCO (AP) — Google is restarting a practice in which human contractors listen to and transcribe some voice commands people give to the company's artificial intelligence system, Assistant. But this time Google is taking steps to make sure people know what they are agreeing to.The company suspended its transcription practices after more than 1,000 Dutch-language recordings were leaked to the media in Belgium this summer. Google required users to opt-in to the service before audio transcriptions were recorded, but critics have said people didn't fully understand they were agreeing to allow human transcribers to listen in because the company's language was unclear.Amazon, Microsoft, Apple and Facebook have all used similar practices. The companies say it helps make their AI systems more accurate.Now Google will require users to agree again to voice transcription and make it clear human transcribers might listen to recordings. People don't have to opt-in to the service, but certain Assistant features won't be available if they don't.The company also said it will delete most recordings after a few months, and people can review their recordings and delete them manually at any time. 1210

SAN DIEGO (KGTV): Wall Street set a record last week for the longest "Bull" run in US Stock Market history, topping 3,400 days of growth. Now, financial experts are saying it won't last forever and advising clients to prepare for a downturn."You have to expect at some point, we're due," says Dennis Brewster of SagePoint Financial. "I think everybody's almost forgotten, look at earlier in the year, how sharp the markets broke back in February. So it wouldn't be unusual to see any of those declines coming up later this year or early next year."Brewster says he doesn't expect anything as drastic as 2008, but he still says investors should take a few steps to safeguard their earnings and even make the downturn work in your favor.A lot of it, he says, depends on how close you are to retirement."When you look at the year to year returns, they're all over the board. When you look at the 20-30 year returns they're very close," says Brewster. "If you're younger and have 20-30 year horizons, the day to day gyrations are almost noise to you. But if you're getting closer to retirement or in retirement, then you have to be more careful."'Brewster looked up numbers from the S&P 500 for the last 20 years. He says someone who invested ,000 in 1998 would have lost about ,300 after the crash in 2008. But if they kept their money in until 2018, that same ,000 investment would now be worth more than ,000.He says older investors should be more conservative with their portfolios. Younger investors should increase how much they invest if the market falls, to take advantage of lower prices.As for when the correction could come, Brewster says it's too tough to predict. But he says to watch out for "triggering" events that could rattle the market, some of which may already be happening. Things like trade wars or the Federal Reserve spiking interest rates could be the kind of thing to end the Bull Run."It always goes higher than you think and lower than you think," he says. "You can't ignore it, and you try not to get swallowed by it." 2072