Apple Must Pay $500 Million Over PanOptis 4G Patent Violations, US Court Rules

A Texas court has ordered Apple to pay more than $500 million (roughly Rs. 3,742 crores) in damages and interest for 4G patent infringements held by intellectual property company PanOptis. The US tech giant — now worth almost $2 trillion (roughly Rs. 1,49,70,000 crores) — vowed to appeal Tuesday’s decision. “We thank the jury for … Read more