Archive for category: law

Apple Wins $290 Million from Jury in Patent Retrial Case Filed against Samsung
/ November 22, 2013 5:17 pm
Apple Wins $290 Million from Jury in Patent Retrial Case Filed against Samsung

TechCrunch reports that Samsung has been ordered by a jury to pay $290 million to Apple as part of a $1 billion patent infringement case. Samsung had initially be awarded around $450 million in damages prior to Judge Lucy Koh finding that a portion of the award would be subjected to re-evaluation. . Read More

Google to Pay $17 Million to Settle Privacy Settlement
/ November 18, 2013 4:48 pm
Google to Pay $17 Million to Settle Privacy Settlement

Google has agreed to pay $17 million to settle allegations that it used cookies to secretly track the browsing history of users of Safari web browsers. Thirty-seven states and Washington, DC will share in the settlement, which resulted from a Maryland-led investigation. "Given the many, often undetectable ways personal information can be collected and shared online, consumers need to be able to trust that their privacy preferences will be honored," said Doug Gansler, Maryland's attorney general. . Read More

$TWTR Opens Trading on NYSE
/ November 7, 2013 8:46 am
$TWTR Opens Trading on NYSE

Twitter’s stock opened trading as ticker symbol TWTR on the New York Stock Exchange (NYSE) on Thursday with shares priced at $45.10 by midmorning, up 73 percent from its initial price of $26, according to the New York Times. The initial share price of $26 gave the social media company a market value of $18.1 billion. . Read More

Court Orders Bot Company to Cease Operations and Pay $7 Million in Damages to Blizzard in WoW Bot Suit
/ October 22, 2013 4:31 pm
Court Orders Bot Company to Cease Operations and Pay $7 Million in Damages to Blizzard in WoW Bot Suit

GamesIndustryBiz reports that Blizzard Entertainment has won a $7 million judgment in a lawsuit, which was filed against a World of WarCraft bot company. Blizzard filed the suit against Ceiling Fan Software in December 2011. Ceiling Fan is the creator of several WoW bots, the most popular among them include Shadow Bot and Pocket Gnome. . Read More

New Zealand Plans to Reinvent Music Licensing with Single Music License
/ October 1, 2013 2:06 pm
New Zealand Plans to Reinvent Music Licensing with Single Music License

DigitalMusicNews reports that New Zealand is reinventing the way music rights are licensed by providing a one-stop license for any public performance or work, whether for radio, restaurant, publishing or recording. The “Single Music License” approach which is being created by local licensing agencies APRA and PPNZ Music will be made available this week. . Read More

Mobile Gaming Company King.com Eying U.S. IPO
/ September 30, 2013 3:36 pm
Mobile Gaming Company King.com Eying U.S. IPO

Reuters reports that U.K. mobile gaming company King.com Ltd has filed for an IPO in the United States. The company is known for its puzzle game Candy Crush Saga. The company has hired Bank of America Merrill Lynch Corp, Credit Suisse Group AG and JPMorgan Chase & Co to lead the public offering. Currently, the company has 150 games in 14 languages. Read More

Pandora Wins Federal Court Case that Will Lower Royalties It Pays to Some Songwriters
/ September 19, 2013 12:54 pm
Pandora Wins Federal Court Case that Will Lower Royalties It Pays to Some Songwriters

Digitalmusicnews reports that Pandora today announced a victory in a federal court case that will lower the royalties it pays to some songwriters. According to sources, Judge Denise Cote of the U.S. District Court in Manhattan ruled that publishers and songwriters will not be able to strike separate, market-driven deals with Pandora if they are members of a collecting rights society (like ASCAP). . Read More

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