Tag Archives: million

Jury: Apple must pay $626 million to patent troll VirnetX

An East Texas jury has ruled that Apple must pay patent-holding company VirnetX $ 625.6 million for infringing four patents. It's a massive verdict for VirnetX, a company that has no products and makes its money solely through patent litigation.

The verdict form (PDF) shows the jury found Apple infringed on every patent claim that was at...

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Apple agrees to pay back taxes to Italy—sources say $350 million worth

Apple's shiny logo outside its San Francisco store. (credit: Steve Rhodes)

In an interview on 60 Minutes earlier this month, Apple CEO Tim Cook said the idea that his company dodges taxes is "political crap," with no truth behind it. "Apple pays every tax dollar we owe," Cook said.

Outside the US, Apple has faced more than just tough questions in front of the...

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Is cheater site Ashley Madison actually growing by over a million users per month?

Welcome to Ashley Madison. We're your fembot hosts.

In one of 2015's most sensational hacks, a group called Impact Team dumped the real names and credit card information associated with 39 million accounts from cheater dating site Ashley Madison. And yet, despite the public shaming of prominent men who paid to join the site and several lawsuits against the company, Ashley Madison claims that it...

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Vulcan and USDOT unveil $50 million Smart City transportation contest
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  The U.S. Department of Transportation and billionaire philanthropist Paul Allen’s Vulcan Inc. are offering $ 50 million to midsize cities, including Seattle, in a “Smart City” competition to promote next-generation transportation systems. “Our national vision for transportation is still very much constrained by 20th-century thinking about technology,” Transportation Secretary Anthony Foxx told reporters today during a...
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