Supreme Court Rejects Tech Giants' Patent Challenges

1 min read
Source: Yahoo Finance
TL;DR Summary

The US Supreme Court rejected an appeal by Apple and Broadcom to revive their challenges to Caltech data-transmission patents in a patent infringement case. The university's earlier $1.1 billion jury verdict against the companies was thrown out. A jury found that the companies infringed Caltech's patents, ordering Apple to pay $837.8 million and Broadcom to pay $270.2 million. The Federal Circuit took issue with the amount of the award and sent the case back for a new trial on damages.

Share this article

Reading Insights

Total Reads

0

Unique Readers

13

Time Saved

2 min

vs 3 min read

Condensed

82%

43980 words

Want the full story? Read the original article

Read on Yahoo Finance