Law suits

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Samsung Ordered to Pay $118 Million for Patent Infringement in Netlist Dispute

Court Ruling Brings Significant Penalty for Samsung In a major legal decision, Samsung Electronics has been ordered to pay $118 million to Netlist Inc. for infringing on its computer memory patents. This verdict comes from a U.S. federal jury in Texas, marking another notable victory for Netlist in its ongoing intellectual property battles with Samsung. Background of the Dispute Netlist, a California-based memory technology company, filed the lawsuit alleging Samsung […]

todayNovember 25, 2024 10

Tech

Apple’s $14.4 Billion Tax Drama: The EU Strikes Again—Here’s What It Means for Big Tech

Apple’s Tax Troubles Explained In a landmark ruling, Apple has been ordered to repay $14.4 billion in back taxes to Ireland, following a dispute over what the European Commission deemed "illegal state aid." This tax break was provided through Ireland's favorable tax arrangements, which allowed Apple to pay a staggeringly low effective corporate tax rate of 0.005% on its European profits in some years. The Initial Ruling and Apple's Appeal […]

todaySeptember 10, 2024 16