Kevin Kutz News
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Facebook Inc. is beefing up its intellectual property arsenal by paying $550 million for some of the patents Microsoft Corp. recently agreed to buy from AOL Inc.
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Facebook Inc., the biggest social- networking service, made an offer for AOL Inc.’s patent portfolio before losing out to Microsoft Corp.’s $1.06 billion bid, two people with knowledge of the matter said.
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Facebook Inc., the biggest social- networking service, made an offer for AOL Inc.’s patent portfolio before losing out to Microsoft Corp.’s $1.06 billion bid, two people with knowledge of the matter said.
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Research In Motion Ltd., the troubled maker of the BlackBerry smartphone, is in talks to hire a financial adviser to help it weigh strategic options, according to four people with knowledge of the matter.
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AOL Inc., under shareholder pressure to make changes as revenue shrinks, agreed to sell and license patents to Microsoft Corp. in a transaction valued at $1.06 billion, triggering its biggest stock gain in two years.
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Microsoft Corp., the largest software maker, said it would be “fair and reasonable” in licensing its industry-standard technology, pledging to negotiate with competitors instead of trying to block sales of their products.
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The U.S. Department of Justice may pursue claims against other lenders after suing Deutsche Bank AG for more than $1 billion, alleging the firm lied while arranging federal insurance on faulty mortgages.
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Microsoft Corp. and Datel Design and Development Inc. settled patent-infringement and antitrust litigation, according to Dec. 30 court filings.
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Microsoft Corp. and Datel Design and Development Inc. settled patent-infringement and antitrust litigation, according to Dec. 30 court filings.
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The U.S. Supreme Court upheld a patent-infringement verdict that will cost Microsoft Corp. $300 million and already has forced changes in its Word software.
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