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US justice authorities announced action Thursday to shut down a group of Indian call centers that had cheated victims in the United States of hundreds of millions of dollars. The Justice Department said tens of thousands of victims, most of them from South Asia, were extorted by callers pretending to be US tax or immigration officials threatening them with arrest and deportation if they did not remit money to the government. The agency said it had arrested 20 people and unveiled charges against five call centers and 32 individuals in India in the Ahmedabad-based operation.
US semiconductor maker Qualcomm said Thursday it will buy Dutch rival NXP in a $47-billion megadeal to extend its footprint into the internet of things and the automobile sector. According to the unanimous agreement published Thursday, Qualcomm will offer NXP a $110 per share cash deal, 11.5 percent above Wednesday's market close, the US company said in a statement. "With innovation and invention at our core, Qualcomm has played a critical role in driving the evolution of the mobile industry," chief executive Steve Mollenkopf said.