Apple ordered to pay VirnetX $363K daily in patent dispute
Here's one way to force two warring companies to hash things out. A federal judge has ordered Apple to cough up more than US$360,000 daily to VirnetX until the two can come to an agreement on the former licensing four of the latter's patents.
The penalties stem from a verdict delivered in November of 2012 which found that Apple's FaceTime and iMessage infringed on four of VirnetX's patents. A jury in Texas awarded VirnetX $368.2 million in damages, and Apple can still appeal that verdict.
US Circuit Judge Leonard Davis has ordered Apple to pay $330,000 in damages and $33,000 in interest to VirnetX daily for the next 45 days, or more than $16 million in total, in an effort to get the two companies to the bargaining table. Additionally, Davis is making the companies meet with a mediator in an effort to help them reach a licensing deal.
If a deal can't be ironed out before the 45-day period ends, VirnetX will be able to seek a sales ban on devices it believes are in violation of its patents, which originally included the iPhone 4 and first-generation iPad.
Here's one way to force two warring companies to hash things out. A federal judge has ordered Apple to cough up more than US$360,000...
Deals of the Daymore deals
Software Updatesmore updates
- Poser 10 and Poser Pro 2014 available, bringing new characters, physics and more
- Agile Partners releases Lick of the Day 2.0
- Google announces new Hangout app to hit iOS today
- Microsoft Office for Mac 2011 Update 14.3.4
- Pixelmator 2.2 available with over 100 new features and improvements
- DabKick for iPhone lets you share photos, watch videos and now listen to music in real-time