trending Market Intelligence /marketintelligence/en/news-insights/trending/lK2VyAlXX0S7LIjnAAw8pg2 content esgSubNav
In This List

Report: Apple reaches $25M deal to end patent dispute

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure

CASE STUDY

A Telecom Company Relies on Deep Data to Chart its Future Strategy

Blog

ESG & Technology: Impacts and Implications

Podcast

Next in Tech | Episode 35: Multifactor authentication needs and hesitations


Report: Apple reaches $25M deal to end patent dispute

Apple Inc.is paying $25 million to resolve a patent-infringement lawsuit filed byNetwork-1 Technologies, TheVerge.com reported July 8.

In the suit, Network-1 Technologies accused the iPhone makerof infringing on a patent for a file system function. The settlement alsoallows Apple to secure licenses to other Network-1 patents, according to thereport.

The patent was created by a company called Mirror Worlds,which initiated the suit against Apple. Network-1, which acquired the patent,then pursued the litigation.

Network-1 also secured a $4.6 million settlement fromMicrosoft Corp. tosettle a suit over the same patent.