first, i want to bring in matt larson for more.we understand it, we knew they were reaching a settlement but the terms of that settlement we know. walk us through the turns. erms. mark: i have had not a chance to look at the terms. western digital sandisk was disputing that toshiba has the adequate rights to sell interest in a joint venture between western digital and toshiba. may have been in litigation in california state court, arbitration proceedings that were set to conclude in the first quarter of next year right around the same time as the sale needed to be completed. it was in both companies best interest to bring this lawsuit to a close. it looks like they were able to reach a deal. the details of that deal are being released now.it has been rumored that the companies were getting close to some kind of agreement. it looks like the agreement was approved. lawyers have been able to draft up legal documents. both companies will be better off in putting this dispute behind them. emily: what is the significance of this in the c

joining us now is matt larson, what do you make of the legal direction today?kingk they at where the company is and apple's dispute in their licensing business. they have been saying we have been hit pretty hard, there is a lot of cash am a table we are trying to collect. thes not indicative of value of the company. you are seeing additional value there if you can clean up legal overhangs and it is a good time to put a bid in. i think it is wise for well, to send those off. emily: how would it proceed? broadcom is looking to insert members on the board of directors. there is a vote in march and we will see how that plays out here it we could the additional interest in qualcomm's board that will try to sway shareholders and it you may see additional bids to move forward with the takeover process. legal talk about the pressure facing qualcomm from apple, from the ftc, and other legislators. matt:welcome is under tremendous pressure right now. there is a lot of scrutiny. there are allegations that qualcomm overcharges for its chips because it supposedly has some k

joining us now is joining us now is matt larson, what do you make of the legal direction today? think they are looking at where the company is and apple's dispute in their licensing business. they have been saying we have been hit pretty hard. there is a lot of cash am a -- of cash on the table we are hoping to collect. it is not indicative of the value of the company. so from a broadcom perspective, you are seeing additional value there if you can clean up legal overhangs and it is a good time to put a bid in. i think it is wise for qualcomm to try to fend those off. emily: how would it proceed? matt: the way things are shaping of now, qualcomm has rejected the bid. broadcom is looking to insert members on the board of directors. there is a vote in march and we will see how that plays out. we could the additional interest in qualcomm's board that will attempt to sway shareholders, and then you may see additional bids to move forward with the takeover process. emily: now talk about the legal pressure facing qualcomm from apple, from the ftc, and other regulators. matt: qualcomm i

matt larson for us in the newsroom. thanks for breaking it down.acebook is changing its tax structure. the company will start to pay taxes in the countries where sales are made rather than funneling through the irish subsidiary. facebook has come under pressure for its tax practices, specifically routing u.k. based sales through ireland. in the states, it is locked in a battle with the irs which may cost them more than $5 billion, plus interest and penalties related to the irish operations. joining us now is sarah frier who covers facebook. it seems like it would make sense they would pay taxes on which the sales are generated, right? sarah: it does make sense but these companies exist on the internet. they have been able to be very creative about where they decide to book that revenue. most of the advertising revenue will still be routed through ireland, but this is a big win for the individual countries, for italy, germany, france -- places that will collect taxes from facebook. emily: in many cases, the actual tax rate for facebook -- in one cas