Sources Contact Advanced Search Tutorials

An Interest In:

Web News this Week

Search Archive

Some of Our Sources

View All Sources

Help Webnuz

Referal links:

October 17, 2017 12:00 am

Apple To Appeal Five-Year-Long Patent Battle After $439.7 Million Loss

Appel has been ordered to pay $439.7 million to the patent-holding firm VirnetX for infringing on four patented technologies that were apparently used in FaceTime and other iOS apps. According to The Verge, Apple plans to appeal the ruling -- continuing this long-running patent battle, which began back in 2012. From the report: VirnetX first filed suit against Apple in 2010, winning $368 million just two years later. It then sued again in 2012, which is the suit that's being ruled on today. Apple initially lost the suit, then filed for a mistrial. It won a new trial, lost that trial, was ordered to pay around $300 million, then lost some more and is now having that amount upped even further. That's because a judge found Apple guilty of willful infringement, bumping its payment amount from $1.20 per infringing Apple device to $1.80 per device. Those include certain iPhones, iPads, and Macs. VirnetX says the ruling is "very reasonable." Apple didn't issue a statement other than to say that it plans to appeal. While $440 million isn't a lot of money for Apple, there's principle at stake here: VirnetX is a patent troll that makes its money from licensing patents and suing other parties. The company's SEC filing states, "Our portfolio of intellectual property is the foundation of our business model."

Slashdot

Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..

More About this Source Visit Slashdot