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Apple hit with record $5.7B patent verdict it may never pay

Published Source: CryptoPolitanRead original

Crypto Insight Summary: A federal jury in San Diego has ordered Apple to pay $5.7 billion to Taction Technology Inc. after deciding the iPhone maker’s Taptic Engine infringed two of Taction’s haptic patents. The verdict is the largest yet in U.S. patent history. However, Apple’s history of appealing such verdicts suggests the check may never clear. Why does... Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Apple's patent case has no direct impact on crypto markets.

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Apple hit with record $5.7B patent verdict it may never pay — Crypto Insight