Google Inc. (GOOG) set to absorb Samsung’s losses if Apple Inc. (AAPL) wins suit

The jury is deliberating in the lawsuit between Apple Inc. (NASDAQ:AAPL) and Samsung, but their decision is modified and perhaps complicated by the fact that any damages awarded to Apple will be paid not by the Korean copycat, but by Google Inc. (NASDAQ:GOOG). Google, the creator of … [Read more...]

Olympus slapped with lawsuit by six Japanese banks over 2011 scandal

Olympus confirmed reports Wednesday it was being sued by six Japanese trust banks seeking 27.9 billion yen ($273 million) for damages relating to a 2011 accounting scandal that consisted of $1.7 billion. The Tokyo-based company said in a statement that it had been given a notice by … [Read more...]

Patent troll seeks royalty payments on every Apple Inc. (AAPL) product made since 2004

Apple Inc. (NASDAQ:AAPL) was targeted yesterday by a lawsuit from patent assertion entity (PAE) Innovative Display Technologies LLC, registered in Austin, Texas and doing business from an office in Plano. Innovative, which is a newly minted firm founded on March 13th, 2013, has spent … [Read more...]

Surgeon Sues Google Inc. (GOOG) Over AutoComplete Defamation

An Australian cancer surgeon has sued Google Inc. (NASDAQ: GOOG) for defamation, claiming the search engine’s autocomplete cost him clients. According to the lawsuit, when a Google user types “Guy Hin...” into a search, the words “Guy Hingston Bankrupt” appear. Although the associated … [Read more...]