U.S. Says Apple Can Bid on Nortel Patents
According to sources cited by Bloomberg, antitrust regulators of the U.S. government have given Apple permission to bid on the large collection of patents being auctioned off by Nortel next week. The government had earlier indicated that it was keeping its eye on Apple's interest in the patents. Bloomberg's sources say the government will continue to monitor the auction and make a final assessment once a sale has been reached.
Apple's Patent Consortium to Sell 4,000 Patents for $900M
Rockstar Consortium, a patent-holding company headed by Apple, has agreed to sell more than 4,000 mobile patents for about $900 million. Apple and partners Microsoft, BlackBerry, Ericsson, and Sony paid $4.5 billion for more than 6,000 patents from Nortel four years ago in order to help protect against litigation.
Sprint May Scoop Up Half of RadioShack's Stores
RadioShack and its creditors might sell half the company's stores to Sprint and close the remaining locations, reports Bloomberg. Sources familiar with the companies' plans suggest Sprint would rebrand the RadioShack stores, which would cease to exist as stand-alone electronics stores.
Jury Says Apple Owes University $234 Million
A Wisconsin jury said Apple owes $234 million for using the university's patented technology without permission. Apple was found to violate the patents, owned by the Wisconsin Academic Research Fund (WARF), earlier this week.
BlackBerry Sues Nokia Over Patents
BlackBerry filed a patent infringement lawsuit against Nokia this week. BlackBerry claims Nokia is using its patented technology in select telecommunications equipment that Nokia sells to network operators, such as T-Mobile, without the proper licenses.
VirnetX Lawsuit Returns to Take a Bite Out of Apple
Apple was ordered this week to pay VirnetX Holding Corp $302 million in damages for violating the company's patented technology. This case has been bouncing around the court system since 2010 when VirnetX accused Apple's FaceTime app of using its intellectual property concerning VPNs without permission.
Let's give Apple even more stranglehold over technology. Yet even more ways for Apple to lockdown things and control various markets and technologies. Joy!
Oh wait, this means there will be even more companies for Apple to sue. Oh happy day!