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18-10-2015, 10:00 PM
An honorable member of the Coffee Shop Has Just Posted the Following:
http://www.themarketbusiness.com/201...patent-dispute (http://www.themarketbusiness.com/2015-10-18-apple-directed-to-pay-university-of-wisconsin-foundation-234m-in-processor-patent-dispute)
BREAKING NEWS:
Transition Therapeutics’s Hold Rating Reaffirmed at Canaccord Genuity (TTHI)HC Wainwright Reiterates Buy Rating for Edap Tms SA (EDAP)Vulcan Materials Company Given “BB” Credit Rating by Morningstar (VMC)Analysts Anticipate Penumbra to Announce -$0.18 Earnings Per Share (NYSE:PEN)$0.61 EPS Expected for CAI International This Quarter (NYSE:CAI)Great Western Bancorp Expected to Post Earnings of $0.49 Per Share (NYSE:GWB)Zacks: Brokerages Expect Caretrust REIT Will Post Earnings of $0.19 Per Share (NASDAQ:CTRE)Virgin America Expected to Post Earnings of $1.57 Per Share (NASDAQ:VA)AAC Holdings Expected to Post Earnings of $0.17 Per Share (NYSE:AAC)BMO Capital Markets Reaffirms “Market Perform” Rating for Seagate Technology PLC (STX)
Home Technology Apple directed to pay University of Wisconsin foundation $234M in processor patent dispute
APPLE DIRECTED TO PAY UNIVERSITY OF WISCONSIN FOUNDATION $234M IN PROCESSOR PATENT DISPUTE
Jules D. SmithOct 18, 2015Technology0LIKE
Apple has been ordered to pay the University of Wisconsin’s intellectual property management arm $234 million in damages for infringing on one of its processor patents, reports Reuters.
Earlier this week, a jury ruled Apple had infringed on a patent owned by the Wisconsin Alumni Research Foundation (WARF) when it used patented technology in its A7, A8, and A8X processors included in the 2013 and 2014 iPhone and iPad lineup.
WARF had originally asked for damages as high as $862 million, but later lowered that request to around $400 million. Apple will be paying a little more than half of the requested amount with the $234 million award WARF received from the jury. The presiding judge ruled Apple had not willfully infringed on WARF’s patent, so the damages award will stay at $234 million.
The patent in question, titled “Table based data speculation circuit for parallel processing computer,” was originally granted in 1998 and covers a method for improving processor efficiency. It lists several current and former University of Wisconsin researchers as inventors.
The Wisconsin Alumni Research Foundation has also filed a second lawsuit against Apple for the same patent, accusing the company of using the technology in the A9 and A9X chips found in the iPhone 6s, 6s Plus, and iPad Pro.
For the first six months of 2015, Apple averaged a daily net profit of $134.7 million, which means the judgment will account for approximately 42 hours of profit. Apple has said it will appeal the ruling.
Apple Inc. was told to pay $234 million to the University of Wisconsin-Madison’s licensing arm for infringing the school’s patent on microprocessor technology.
The amount set by a federal jury in Madison was less than the $400 million sought by the Wisconsin Alumni Research Foundation. Apple’s lawyers argued the amount should be a fraction of the $110 million Intel Corp. paid in 2009 to settle an earlier dispute over the same patent.
The $234.2 million decision, handed in after about three and a half hours of deliberation, is less than the $400 million WARF had been seeking in its suit against Apple, reports Reuters. Apple on Tuesday was found to have infringed upon patented computer microarchitecture with its A7, A8 and A8X system-on-chip designs used in iPhones and iPad.
Specifically, the lawsuit leveraged claims from a single WARF patent against Apple’s highly successful iPhone 5s, iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad mini products. Court documents suggested Apple could potentially pay out as much as $862 million for using “predictor circuit” technology outlined in the 1998 patent.
WARF first filed suit against Apple in early 2014, saying the company willfully infringed on its patent as evidenced by citations to the property in Apple’s own patent filings. Further, the lawsuit claims Apple refused requests to legally license the IP.
WARF previously used the patent in question, No. 5,781,752, to force Intel into a settlement in 2008, claiming the chip maker’s Core 2 Duo CPU infringed on claims identical to those asserted against Apple. The Wisconsin University branch also filed a separate lawsuit last month asserting the same patent against Apple’s latest A9 and A9X chips incorporated in the iPhone 6s, iPhone 6s Plus and upcoming iPad Pro.
Apple has been fined $234m after a court ruled it had infringed a university’s microchip patent that was used in iPhones and iPads without permission.
A jury reached the conclusion that the tech giant’s A7, A8 and A8X processors found in the iPhone 5s, 6 and 6 Plus violated the patented technology created by the University of Wisconsin-Madison, which works to extend a device’s battery life by two hours, according to Sky News.
Apple has denied any wrong-doing but is set to face further action from the university’s non-profit arm Wisconsin Alumni Research Foundation (WARF) which is set to launch a second lawsuit over the company’s newest chips which can be found in the iPad Pro, as well as the iPhone 6s and 6 Plus.
The payout is around $165m (£107m) less than the university’s lawyers had initially demanded.x
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Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?218497-Hahaha!-Gay-Phone-Apple-Punished-by-court-US-234M-a-patent-theaft&goto=newpost).
http://www.themarketbusiness.com/201...patent-dispute (http://www.themarketbusiness.com/2015-10-18-apple-directed-to-pay-university-of-wisconsin-foundation-234m-in-processor-patent-dispute)
BREAKING NEWS:
Transition Therapeutics’s Hold Rating Reaffirmed at Canaccord Genuity (TTHI)HC Wainwright Reiterates Buy Rating for Edap Tms SA (EDAP)Vulcan Materials Company Given “BB” Credit Rating by Morningstar (VMC)Analysts Anticipate Penumbra to Announce -$0.18 Earnings Per Share (NYSE:PEN)$0.61 EPS Expected for CAI International This Quarter (NYSE:CAI)Great Western Bancorp Expected to Post Earnings of $0.49 Per Share (NYSE:GWB)Zacks: Brokerages Expect Caretrust REIT Will Post Earnings of $0.19 Per Share (NASDAQ:CTRE)Virgin America Expected to Post Earnings of $1.57 Per Share (NASDAQ:VA)AAC Holdings Expected to Post Earnings of $0.17 Per Share (NYSE:AAC)BMO Capital Markets Reaffirms “Market Perform” Rating for Seagate Technology PLC (STX)
Home Technology Apple directed to pay University of Wisconsin foundation $234M in processor patent dispute
APPLE DIRECTED TO PAY UNIVERSITY OF WISCONSIN FOUNDATION $234M IN PROCESSOR PATENT DISPUTE
Jules D. SmithOct 18, 2015Technology0LIKE
Apple has been ordered to pay the University of Wisconsin’s intellectual property management arm $234 million in damages for infringing on one of its processor patents, reports Reuters.
Earlier this week, a jury ruled Apple had infringed on a patent owned by the Wisconsin Alumni Research Foundation (WARF) when it used patented technology in its A7, A8, and A8X processors included in the 2013 and 2014 iPhone and iPad lineup.
WARF had originally asked for damages as high as $862 million, but later lowered that request to around $400 million. Apple will be paying a little more than half of the requested amount with the $234 million award WARF received from the jury. The presiding judge ruled Apple had not willfully infringed on WARF’s patent, so the damages award will stay at $234 million.
The patent in question, titled “Table based data speculation circuit for parallel processing computer,” was originally granted in 1998 and covers a method for improving processor efficiency. It lists several current and former University of Wisconsin researchers as inventors.
The Wisconsin Alumni Research Foundation has also filed a second lawsuit against Apple for the same patent, accusing the company of using the technology in the A9 and A9X chips found in the iPhone 6s, 6s Plus, and iPad Pro.
For the first six months of 2015, Apple averaged a daily net profit of $134.7 million, which means the judgment will account for approximately 42 hours of profit. Apple has said it will appeal the ruling.
Apple Inc. was told to pay $234 million to the University of Wisconsin-Madison’s licensing arm for infringing the school’s patent on microprocessor technology.
The amount set by a federal jury in Madison was less than the $400 million sought by the Wisconsin Alumni Research Foundation. Apple’s lawyers argued the amount should be a fraction of the $110 million Intel Corp. paid in 2009 to settle an earlier dispute over the same patent.
The $234.2 million decision, handed in after about three and a half hours of deliberation, is less than the $400 million WARF had been seeking in its suit against Apple, reports Reuters. Apple on Tuesday was found to have infringed upon patented computer microarchitecture with its A7, A8 and A8X system-on-chip designs used in iPhones and iPad.
Specifically, the lawsuit leveraged claims from a single WARF patent against Apple’s highly successful iPhone 5s, iPhone 6, iPhone 6 Plus, iPad Air 2 and iPad mini products. Court documents suggested Apple could potentially pay out as much as $862 million for using “predictor circuit” technology outlined in the 1998 patent.
WARF first filed suit against Apple in early 2014, saying the company willfully infringed on its patent as evidenced by citations to the property in Apple’s own patent filings. Further, the lawsuit claims Apple refused requests to legally license the IP.
WARF previously used the patent in question, No. 5,781,752, to force Intel into a settlement in 2008, claiming the chip maker’s Core 2 Duo CPU infringed on claims identical to those asserted against Apple. The Wisconsin University branch also filed a separate lawsuit last month asserting the same patent against Apple’s latest A9 and A9X chips incorporated in the iPhone 6s, iPhone 6s Plus and upcoming iPad Pro.
Apple has been fined $234m after a court ruled it had infringed a university’s microchip patent that was used in iPhones and iPads without permission.
A jury reached the conclusion that the tech giant’s A7, A8 and A8X processors found in the iPhone 5s, 6 and 6 Plus violated the patented technology created by the University of Wisconsin-Madison, which works to extend a device’s battery life by two hours, according to Sky News.
Apple has denied any wrong-doing but is set to face further action from the university’s non-profit arm Wisconsin Alumni Research Foundation (WARF) which is set to launch a second lawsuit over the company’s newest chips which can be found in the iPad Pro, as well as the iPhone 6s and 6 Plus.
The payout is around $165m (£107m) less than the university’s lawyers had initially demanded.x
FACEBOOK TWITTER GOOGLE+ LINKEDIN TUMBLR PINTEREST
Previous Post
Leukemia drug Nilotinib improves motor skills in patients with Parkinson's, Alzheimer's Disease
Next Post
MIT's unique computer system aims to take humans out of the data analysis
JULES D. SMITH
RELATED ARTICLES
Transition Therapeutics’s Hold Rating Reaffirmed at Canaccord Genuity (TTHI)Christopher T. EllisOct 18, 2015
HC Wainwright Reiterates Buy Rating for Edap Tms SA (EDAP)Christopher T. EllisOct 18, 2015
Vulcan Materials Company Given “BB” Credit Rating by Morningstar (VMC)Christopher T. EllisOct 18, 2015
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Home Top Headlines Business Technology Health Science
Click here to view the whole thread at www.sammyboy.com (http://sammyboy.com/showthread.php?218497-Hahaha!-Gay-Phone-Apple-Punished-by-court-US-234M-a-patent-theaft&goto=newpost).