New York - Newsgathering agency the Associated Press has settled the copyright and trademark infringement lawsuit it filed last October against news aggregation service Moreover Technologies and its parent company, VeriSign.
Terms of the settlement were not disclosed.
The AP lawsuit had argued that Moreover’s service, which grabs verbatim headlines and snippets from various news sources, infringed its trademarks and copyrights, and sought unspecified damages and a permanent injunction.
"AP is pleased to have resolved the litigation in an amicable manner and appreciates VeriSign and Moreover’s efforts to resolve AP’s concerns," said AP vice president and general counsel Srinandan Kasi.
http://snipurl.com/3hh7m (DMW previous coverage)