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BlackBerry wins court order against TV host Ryan Seacrest's Typo Friday, Mar 28, 2014 08:13 PM PDT (Reuters) - BlackBerry Ltd won a preliminary injunction on Friday to ban Ryan Seacrest's Typo Products LLC from selling a $99 iPhone case after a judge agreed that television host's company had likely infringed on BlackBerry's patents. U.S. District Judge William Orrick in San Francisco said that the Canadian mobile phone maker had established a "likelihood" of proving that Typo infringed its patents, while mentioning that Typo had not sufficiently challenged the patents in question. The preliminary injunction prohibits Typo from the sale of its keyboard, which is a part of the relief sought by Blackberry. "BlackBerry is pleased that its motion for a preliminary injunction against Typo Products LLC was granted. Full Story | Top |
U.S. judge OKs class action in e-book suit against Apple Friday, Mar 28, 2014 06:27 PM PDT By Joseph Ax NEW YORK (Reuters) - A federal judge in New York granted class certification on Friday to a group of consumers who sued Apple Inc for conspiring with five major publishers to fix e-book prices in violation of antitrust law. U.S. District Judge Denise Cote said the plaintiffs had "more than met their burden" to allow them to sue as a group. She rejected Apple's contentions that the claims were too different from each other, or that some plaintiffs were not harmed because some e-book prices fell. An Apple spokeswoman declined to comment. Full Story | Top |
Apple, Google lose bid to avoid trial on tech worker lawsuit Friday, Mar 28, 2014 05:17 PM PDT By Dan Levine SAN FRANCISCO (Reuters) - A U.S. judge on Friday rejected a request from Apple, Google and two other tech companies to avoid a trial in a class action lawsuit alleging a scheme to drive down wages. Trial is scheduled to begin in May. Apple, Google, Intel and Adobe asked for a judgment in their favor without a trial, arguing that any no-hire agreements between the companies were reached independently, and were not part of an overarching conspiracy. U.S. District Judge Lucy Koh in San Jose, Calif., however, rejected that argument. An Intel spokesman said the company is studying the ruling, and representatives for Google and Apple declined to comment. Full Story | Top |
Candy Crush brings IPO market back to earth Friday, Mar 28, 2014 04:59 PM PDT By Nicola Leske NEW YORK (Reuters) - In the weeks leading up to the IPO of King Digital Entertainment, the company's bankers scrambled to persuade investors that the maker of popular online game "Candy Crush Saga" was more than a one-trick pony, according to a source familiar with the situation. On Tuesday, Facebook Inc said it would pay $2 billion for Oculus VR, a two-year-old virtual reality startup that has yet to put a product on the market. Facebook CEO Mark Zuckerberg described the deal as the social media giant's desire to bet on "the platforms of tomorrow." But for some investors, the deal brought back memories of the Internet boom and bust in 1998-2001, where profitability and other financial fundamentals of companies took the back seat to a raging fad about anything with a dotcom identity, according to the source. Bankers underwriting King Digital's offering had to call in favors with investors who had received large allocations in previous successful IPOs, the source said. Full Story | Top |
Microsoft beefs up customer privacy policy Friday, Mar 28, 2014 02:31 PM PDT Microsoft Corp, under fire for accessing an employee's private Hotmail account to prove he was leaking computer code to a blogger, has said it will now refer all suspicions of illegal activity on its email services to law enforcement. The decision, announced by head lawyer Brad Smith on Friday, reverses Microsoft's initial reaction to complaints last week, when it laid out a plan to refer such cases to an unidentified former federal judge, and proceed to open a suspect email account only if that person saw evidence to justify it. "Effective immediately, if we receive information indicating that someone is using our services to traffic in stolen intellectual or physical property from Microsoft, we will not inspect a customer's private content ourselves," said Smith, in a blog post on the software company's website. "Instead, we will refer the matter to law enforcement if further action is required." Microsoft - which has recently cast itself as a defender of customer privacy - was harshly criticized last week by civil liberties groups after court documents made public in the prosecution of Alex Kibkalo in Seattle federal court for leaking trade secrets showed that Microsoft had accessed the defendant's email account before taking the matter to legal authorities. Full Story | Top |
BlackBerry revenue plunges 64 percent, shares drop Friday, Mar 28, 2014 01:44 PM PDT By Euan Rocha and Allison Martell TORONTO (Reuters) - BlackBerry Ltd reported a smaller-than-expected loss on Friday as new chief executive John Chen slashed costs, but a 64 percent drop in revenue underscored the challenge Chen faces in turning around the struggling smartphone maker. "John Chen did what John Chen is known for. Shares of BlackBerry, whose share of the global smartphone market was below 1 percent at the end of 2013, rose in early trading but closed down 7.1 percent at $8.41. BlackBerry's Nasdaq-listed shares were trading above $60 in early 2011 but dropped sharply that year, and have not risen above $20 since. Full Story | Top |
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