Wednesday, Dec 26, 2012 05:04 PM PST | |
Today's Reuters Technology News Headlines - Yahoo! News: |
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Chipmaker Marvell loses $1.17 billion patent verdict Wednesday, Dec 26, 2012 05:04 PM PST (Reuters) - A federal jury on Wednesday found that Marvell Technology Group infringed two patents held by Carnegie Mellon University, and ordered the chipmaker to pay $1.17 billion in damages. The award is one of the largest by a jury in a U.S. patent case, and is nearly twice Marvell's profit in its latest fiscal year. It followed a month-long trial in the U.S. District Court in Pittsburgh, the home of Carnegie Mellon. Jurors also found that Marvell's patent infringement was willful. This could enable the trial judge, Nora Barry Fischer, to award triple damages, a sum close to the $3. ... Full Story | Top |
Analysis: Amazon's Christmas faux pas shows risks in the cloud Wednesday, Dec 26, 2012 04:28 PM PST (Reuters) - A Christmas Eve glitch traced to Amazon.com Inc that shuttered Netflix for users from Canada to South America highlights the risks that companies take when they move their datacenter operations to the cloud. While the high-profile failure - at least the third this year - may cause some Amazon Web Services customers to consider alternatives, it is unlikely to severely hurt a fast-growing business for the cloud-computing pioneer that got into the sector in 2006 and has historically experienced few outages. ... Full Story | Top |
U.S. charges analyst in IBM insider trading case Wednesday, Dec 26, 2012 01:12 PM PST WASHINGTON (Reuters) - U.S. authorities on Wednesday announced charges against a research analyst for trading and tipping others ahead of a 2009 acquisition by computer giant IBM, expanding a related insider trading case filed last month. Federal prosecutors charged Trent Martin, who worked at a Connecticut brokerage firm, for purchasing shares of SPSS before IBM agreed to the $1.2 billion deal. He was also charged with passing the information to others, including his roommate. ... Full Story | Top |
U.S. appeals court revives workplace cybertheft lawsuit Wednesday, Dec 26, 2012 11:47 AM PST NEW YORK (Reuters) - In a decision that could make it easier for businesses to police cybertheft in the workplace, a U.S. appeals court revived a chemical company's lawsuit accusing a former Toronto-area employee of using her home computer to steal trade secrets from its Connecticut server. Reversing a lower court ruling, the 2nd U.S. Circuit Court of Appeals in New York said U.S.-based MacDermid Inc may pursue civil damages claims against a former account manager under Connecticut state law, even though she conducted her alleged improper activity from her home in Fort Erie, Ontario. ... Full Story | Top |
Samsung Electronics seeks U.S. sales ban on some Ericsson products Wednesday, Dec 26, 2012 10:55 AM PST SEOUL (Reuters) - Samsung Electronics said on Wednesday it had filed a complaint against Ericsson with the U.S. International Trade Commission (ITC), requesting a U.S. import ban and sales ban on some of the Swedish telecoms equipment maker's products. The action taken on Friday by the world's top smartphone maker, which accused Ericsson of breaching seven of its patents, came after Ericsson requested an ITC U.S. import ban on Samsung products and sued the South Korean firm for patent infringement. "We have sought to negotiate with Ericsson in good faith. ... Full Story | Top |
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