Apple Inc. (NASDAQ:AAPL) was fined for copyright violation in China yesterday. The company is liable to pay damages to eight Chinese writers and two Chinese publishing companies for publishing their books in electronic form without permission from the copyright owners. The owners of the copyrights said that copies of the authors work were found to be included in apps made available on Apple’s app store in China. The works were, according to the plaintiffs,...
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Last Friday, the decision of the three-judge panel of the Copyright Royalty Board came expected for Sirius XM Radio Inc (NASDAQ:SIRI). The royalty fee that SIRI was required to pay content owners i.e. music companies, over the next five years, was a big “if” on its stock performance. Fortunately Sirius XM Radio Inc (NASDAQ:SIRI) got better terms than initial forecasts by analysts. From January 2013, Sirius XM Radio Inc (NASDAQ:SIRI) will have to pay the recorded...
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Apple Inc. (NASDAQ:AAPL)’s lawsuit against Samsung Electronics Co., which increases the number of Samsung devices that Apple argues infringe its products, has again come into question. On Tuesday, May 8, Apple Apple was confronted with opposition. Although the two companies remain strongly at odds, both Apple and Samsung have decided to reduce the number of patent infringement claims against each other. After Apple received complaints from the International Trade Commission (ITC) that the number...
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