patent infringement News

Meta Loses Bid to Toss $175M Verdict in Streaming Patent Case

A federal judge in Austin, Texas on Tuesday rejected a request by Meta Platforms Inc’s to throw out a $175 million jury patent verdict for walkie-talkie app maker Voxer Inc. U.S. District Judge Lee Yeakel’s decision leaves intact the jury’s …

Peloton, Lululemon Settle Lawsuit Over Women’s Apparel Line

Peloton Interactive Inc. has reached a settlement of a lawsuit in which Lululemon Athletica Inc. accused the exercise bike maker of infringing its patents by developing a line of apparel for women. Without admitting wrongdoing, Peloton has agreed to phase …

Moderna Sues Pfizer/BioNTech for Patent Infringement Over COVID Vaccine

Moderna is suing Pfizer and its German partner BioNTech for patent infringement in the development of the first COVID-19 vaccine approved in the United States, alleging they copied technology that Moderna developed years before the pandemic. Pfizer shares fell 1.4% …

Alnylam Files Patent Infringement Lawsuits Against Pfizer, Moderna

Alnylam Pharmaceuticals Inc. on March 17 filed lawsuits in Delaware federal court against Pfizer Inc. and Moderna Inc., claiming their multibillion-dollar mRNA COVID-19 vaccines infringe one its patents. Alnylam said it was seeking damages over the use of lipid nanoparticle …

EagleView and Verisk Agree to End Litigation; EagleView’s Patents Affirmed

Insurance technology firms EagleView and Verisk have patched up their differences and are vowing to move ahead “enabling joint innovation.” The companies’ accord comes two years after aerial imaging firm EagleView Technologies won a $125 million patent infringement verdict against …

Apple Loses Patent Trial as Jury Awards Optis Wireless $300 Million

A U.S. jury on Friday awarded Optis Wireless Technology LLC and several related companies $300 million in damages after a second patent trial against iPhone maker Apple Inc. A jury had previously found that Apple had infringed five Optis wireless …

Verizon, Huawei Reach Patent Infringement Settlement as Trial Underway

Chinese telecommunications company Huawei Technologies Co. Ltd. and U.S. group Verizon Communications agreed to settle a pair of lawsuits alleging patent infringement, the companies both said on Monday. The confidential settlement came days into a trial that opened in one …

Apple Says It Will Appeal $309M Jury Verdict Over Patent Infringement

A federal jury in Texas said Apple Inc must pay about $308.5 million to Personalized Media Communications LLC (PMC) for infringing a patent associated with digital rights management. The jurors late on Friday directed Apple to pay a running royalty …

Supreme Court Rejects Merck’s Bid to Reinstate $2.5B Damage Award Against Rival

The U.S. Supreme Court on Tuesday rejected Merck & Co. Inc.’s bid to revive a $2.54 billion jury verdict it won against rival drugmaker Gilead Sciences Inc. for infringing a patent in a dispute over a blockbuster hepatitis C treatment. …

How Pandemic, Contracts Focus Intellectual Property Insurance on Intangible Assets

The demand for intellectual property (IP) cover has been increasing year on year as businesses become more aware of the threat not only to their own IP, but also the potential that they may face a claim of infringement by …