All the attention of the world society is now tied to the situation in the Middle East, where the conflicts in Syria and Saudi Arabia are escalating and this is causing oil price to skyrocket to 4-year high.
Federal court of Texas, USA has ordered Apple to pay more than half a billion dollars to the VirnetX as compensation for copyright violations. Apple is being accused of unlawful usage of patents issued for FaceTime video chat and iMessage messenger.
The scrutiny between the companies has been ongoing for eight years already. First suit was filed by VirnetX back in 2010 accusing Apple of violating the patents for four internet communication tools. In consecutive years the company has added more suits to the first one. For example, in 2012 Apple has already lost the case to the company and was ordered to pay $365 million but back then because of the filed court reference the pay-off was delayed.
In 2017 VirnetX once again won the case against Apple for $439.7 million but the court’s decision was later cancelled. The main point of all the court deals for VirnetX is that the main business of the company is owning multiple patents and it was already involved in the court suits with Cisco and Microsoft. Texas was the state of VirnetX’s choice because in this particular state the laws are very soft towards patent companies.
According to the source VirnetX CEO was satisfied with court’s ruling. Reportedly Apple will have to pay $502.6 million, although it is likely that this decision will also be cancelled by the court.
12.04 - oil prices hit 4 year high
- Anna K.
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