) Fortress Investment Group, alleging the firm stockpiled patents to hold up technology companies with lawsuits demanding as much as $5.1 billion from Apple.
In the filing on Wednesday, Apple said that a group of firms connected to Fortress had filed at least 25 lawsuits against the iPhone maker, asking for between $2.6 billion and $5.1 billion in damages from the iPhone maker. One of the suits, Apple wrote in its filing, alleged that Apple violated a step-counting patent in its devices with health-tracking apps.
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:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Apple, Intel file antitrust case against SoftBank-owned firm over patent practicesApple, Intel file antitrust case against SoftBank-backed firm over patent practices
Source: Reuters - 🏆 2. / 97 Read more »
Apple Enters Background Music Market With Apple Music for BusinessApple Music has partnered with PlayNetwork to launch Apple Music for Business, a service geared towards providing a fully licensed — and customizable — soundtrack to retail stores, restaurants and other commercial outlets.
Source: billboard - 🏆 112. / 63 Read more »
Intel says chip supply for personal computers remains tightIntel Corp said on Wednesday it was increasing its reliance on contract chip man...
Source: Reuters - 🏆 2. / 97 Read more »
Target CEO; Apple & Trump in Texas by Squawk Pod
Source: CNBC - 🏆 12. / 72 Read more »
It's time to buy: Walmart slashes Apple Watch Series 3 price to lowest everIf you (or if someone on your list) has been lusting after the iconic Apple Watch, now is the time to strike.
Source: Yahoo Lifestyle - 🏆 365. / 59 Read more »
Apple Music Gets Into the Muzak BusinessApple Music has been quietly piloting a version of its music-streaming service for businesses including Levi Strauss and Harrods stores.
Source: WSJ - 🏆 98. / 63 Read more »