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posted by Fnord666 on Thursday January 30 2020, @03:07PM   Printer-friendly
from the IP-theft dept.

Arthur T Knackerbracket has found the following story:

Apple and Broadcom have been told to pay the California Institute of Technology (Caltech) a beefy billion bucks for ripping off three of the US university's Wi-Fi patents. A federal jury in Cali decided on Wednesday that technology described in the data signal encoding patents owned by Caltech is used in millions of iPhones without wireless chip designer Broadcom nor phone slinger Apple paying the necessary licensing fees. Broadcom supplies radio communications components to Apple for various iThings.

The jury took just under five hours to decide its $1.1bn patent-infringement prize following a two-week trial, with Apple being forced to pick up the bulk of the damages, $837m, compared to Broadcom's $270m. The figures were what Caltech asked for.

[...] Despite the massive award, the news had no noticeable impact on Apple's share price coming a day after it announced better-than-expected results. Broadcom's slipped just a quarter of a per cent.

-- submitted from IRC


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  • (Score: 0) by Anonymous Coward on Thursday January 30 2020, @07:59PM

    by Anonymous Coward on Thursday January 30 2020, @07:59PM (#951379)

    how is this even news? the papple (!sic) stock didnt care.