Items tagged with settle
There's two related Nvidia stories to cover as we kick off the week; both involve the company's future products and financial bottom line. First up, there's a persistent rumor that Intel and Nvidia are about to settle their own case rather than taking the dispute to a courtroom. The original dispute between the two companies was over whether or not Nvidia had the right to design chipsets for Intel products with an integrated memory controller. Later, the issue expanded to cover Intel's Atom platforms and its decision to sell complete Atom SoCs for less than the price of an Atom processor. The FTC recently dealt with this second item, ruling that Intel must include PCIe support for at least the...
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Is the soap opera over? Probably ... not. However, the drama to come at the Yahoo shareholders meeting on Aug. 1st is going to be a lot, lot less.Today it was announced that Yahoo and Carl Icahn have come to an agreement. By giving Icahn a seat on the board as well as two others to be filled from his list of nominees (one of the current board, Robert Kotick, will not stand for re-election), Yahoo has placated Icahn to the point that he will withdraw his proxy fight plan.Yahoo said eight members of its current board will stand for re-election, including Chief Executive Jerry Yang, while one member -- Robert Kotick -- won't. The board will be expanded to 11 members, with the two...
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Apple and Burst.com have settled their patent dispute for $10 million USD after two years of litigation. The initial complaint was over four separate patents that covered transmission of compressed audio and video files that were used in iLife, iTunes, QuickTime and of course, the iPod. Given the digital media nature of the listed products, and the installed base (especially for the iPod) it seems like $10 million USD might be a bargain price.“Under the agreement, Apple will pay Burst.com US$10 million and get access to Burst.com’s patent portfolio, with some exceptions, Burst.com said in a press release. Apple won’t have access to four of Burst.com’s current and pending patents,...
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Yahoo has been embroiled in a lawsuit over information it gave the Chinese government regarding several Chinese dissedents. Last week it took a huge amount of criticism at a Congressional hearing. Today it settled that case.No details have been given of the settlement but Yahoo will be covering legal costs.The case alleged that Yahoo had provided information to the Chinese government that had then been used to prosecute the dissidents.Yahoo said it had to comply with Chinese laws to operate in the country.A statement released by the World Organization for Human Rights USA, which brought the case, said Yahoo had decided to settle the case following criticism at a US Congressional hearing...
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Wait a second, you Vonage users. Although the legal news of late has not been kind to Vonage, they may be able to avoid financial ruin yet. Today they announced a settlement with Sprint Nextel over their patent lawsuit, though certainly not without cost.Monday's settlement resolves all claims in the dispute, the companies said. Sprint agreed to license Vonage its portfolio of more than 100 patents on connecting calls between a regular telephone network and a packet-switched network such as the Internet. The $80 million Vonage agreed to pay consists of $35 million for past use of the patents, $40 million for a fully paid future license, and $5 million in prepayment for services.Vonage's...
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Intel And AmberWave Systems Corporation Announce Settlement of Strained Silicon Patent Infringement Litigation and License Agreement SALEM, New Hampshire and SANTA CLARA, Calif., March 5, 2007 - Intel Corporation and AmberWave Systems Corporation have settled all patent infringement suits pending between them related to AmberWave Systems strained silicon patent portfolio. Under the agreement, Intel has received a license to all AmberWave patents and patent applications either existing today or filed during the agreement's ten-year term. The companies also have agreed to continuing discussions and evaluation of AmberWave's ongoing technology research and development efforts. Intel will...
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Today it was announced that Apple has agreed to a settlement in which it must pay $100 Million to Creative Technology Ltd. Creative filed 5 patent lawsuits against Apple over the navigation system used with Apple's iPod MP3 player, claiming Apple violated patents that were already granted to Creative. Apple had filed two patent-infringement countersuits against Creative which were also settled, effectively ending all litigation between the two companies. "The settlement allows Cupertino, Calif.-based Apple to recoup a portion of its payment if other electronics companies license Creative's technology. "Creative is very fortunate to have been granted this early patent," Steve Jobs, Apple's...
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