Intel files antitrust case against SoftBank-backed firm over patent practices

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 92%

Canada Headlines News

Canada Latest News,Canada Headlines

Intel files antitrust case against SoftBank-backed firm over patent practices GlobeBusiness

This translation has been automatically generated and has not been verified for accuracy.Chip maker Intel Corp has filed an antitrust lawsuit against a SoftBank Group Corp-owned investment company alleging the firm stockpiled patents to hold up technology companies with numerous lawsuits.

Intel said that Fortress and other companies it owns or controls filed lawsuits against the Santa Clara chip maker claiming that nearly every Intel processor made since 2011 infringed patents the companies had obtained control of from NXP Semiconductors.“One way in which Fortress has tried to turn around its performance and justify SoftBank’s investment in it is through increased speculation on patent assertions,” the lawsuit said.

Gordon Runté, a managing director at Fortress, said in a statement that the company is “confident in our business practices and our legal position and view this lawsuit as meritless, but we don’t comment on the specifics of litigation matters.”SoftBank also owns Arm Holdings, a British chip firm whose technology is making inroads on key Intel markets such as personal computers and data centres.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

47 U.S. attorneys general support Facebook antitrust investigationA state-level antitrust investigation into the social networking giant now has the backing of a bipartisan group of 47 attorneys general.
Source: GlobalNational - 🏆 81. / 51 Read more »

How Saudi Aramco is the WeWork of energyOpinion: In both cases, powerful insider interest groups had an elevated idea of valuation, and backed away when reality refused to conform to expectations
Source: nationalpost - 🏆 10. / 80 Read more »

China seeks US$2.4 billion in penalties against U.S. at WTOChina is asking the World Trade Organization for the right to impose US$2.4 billion in annual penalties on the United States in a case over Chinese subsidies dating back years. This is a fight Trump must win. China is run by an evil gang that doesn't play fair with other major economies.
Source: CTVNews - 🏆 1. / 99 Read more »

Minnesota Wild G Devan Dubnyk leaves after crease collision - TSN.caMinnesota Wild goalie Devan Dubnyk had to leave Tuesday's game against Edmonton early in the second period after hitting the back of his head on the ice.
Source: TSN_Sports - 🏆 80. / 51 Read more »

TFC's Jozy Altidore, Omar Gonzalez to be game-time decisions vs. NYCFC - Sportsnet.caInjured Toronto FC striker Jozy Altidore and centre back Omar Gonzalez will be game-time decisions for Wednesday's MLS Eastern Conference semifinal against New York City FC.
Source: Sportsnet - 🏆 57. / 59 Read more »

State antitrust probe of Facebook expands to 47 attorneys-generalThe state probe of Facebook on allegations that the company put consumer data at risk and pushed up advertising rates has expanded to attorneys general from 47 states and territories
Source: globeandmail - 🏆 5. / 92 Read more »