Menu
Clone of Alibaba (BABA) IPO Shares Jump 36%

Alibaba (BABA) IPO Shares Jump 36%

The Sexiest Halloween Costumes of 2014

The Sexiest Halloween Costumes of 2014

Mazda Miata 2016 model revealed

Mazda Miata 2016 model revealed

Miley Cyrus New Butt Gets in Trouble with Law

Miley Cyrus New Butt Gets in Trouble with Law

Larry Ellison Steps Down as CEO of Oracle

Larry Ellison Steps Down as CEO of Oracle

Court takes final verdict as Apple and Samsung fail to reach mutual agreement

Feb 14 2014, 1:18pm CST | by , in News | Misc

Samsung to pay $930 million in damages to Apple as ordered by the court

Court takes final verdict as Apple and Samsung fail to reach mutual agreement
Apple
 
 

YouTube Videos Comments

Full Story

Court takes final verdict as Apple and Samsung fail to reach mutual agreement

According to what Reuters reported in the early January this year, the Samsung Mobile Division and Apple CEO were to arrange for a meeting to help both the parties in reaching an agreement out of court. It has almost been a month since this news circulated around and we now we are hearing that no such mutual decision has been arrived at by the two parties.

The CEOs JK Shin and Tim Cook arranged a meeting during the last week and met in US to discuss matters and reach a mutual agreement but unfortunately the lethal battle between the two companies will still carry one because an agreed upon status was not achieved. No further information is being given away the Samsung spokesperson as well who made no comments on the situation and clearly stated that he is not even sure if any meeting was held at all. Regardless of what the parties think, the court in San Jose, California has clearly stated that an agreement needs to be arrived at by February the 19th. If the parties fail to do so, which they did eventually, the court will have to take the final verdict. The court’s ruling was in favor of Apple and it has demanded of Samsung that a $930 million sum has to be paid off in damages to Apple.

source: zdnet

 

You Might Also Like

Updates


Sponsored Update


Advertisement


More From the Web

Shopping Deals

 
 
 

<a href="/latest_stories/all/all/32" rel="author">Ahmed Humayun</a>
Ahmed Humayun is a technology journalist bringing you the hottest tech stories of the day.

 

 

Comments

blog comments powered by Disqus

Latest stories

Nicki Minaj: A Fair Warning to Male Drivers…Dangerous Curves Ahead!
Nicki Minaj: A Fair Warning to Male Drivers…Dangerous Curves Ahead!
The Voluptuous Black Mama with Vim and Vigor and Vociferous Vibes!
 
 
Sears Black Friday
Sears Black Friday
When it comes to department stores, there are very few companies that can compete with someone like Sears. They have home appliances, clothing, power tools, and everything in between. For people who are shopping for...
 
 
Facebook&#039;s out to copy Twitter news feeds
Facebook's out to copy Twitter news feeds
Facebook faced an oops when the site belatedly joined in the Ferguson coverage. Now the site's looking to compete with microblogging site Twitter.
 
 
Queen Latifah on community and domestic violence
Queen Latifah on community and domestic violence
Queen Latifah's active in community outreach and involvement. At the start of The Queen Latifah Show's second season, the host is opening up on how to be a better member of society.
 
 
 

About the Geek Mind

The “geek mind” is concerned with more than just the latest iPhone rumors, or which company will win the gaming console wars. I4U is concerned with more than just the latest photo shoot or other celebrity gossip.

The “geek mind” is concerned with life, in all its different forms and facets. The geek mind wants to know about societal and financial issues, both abroad and at home. If a Fortune 500 decides to raise their minimum wage, or any high priority news, the geek mind wants to know. The geek mind wants to know the top teams in the National Football League, or who’s likely to win the NBA Finals this coming year. The geek mind wants to know who the hottest new models are, or whether the newest blockbuster movie is worth seeing. The geek mind wants to know. The geek mind wants—needs—knowledge.

Read more about The Geek Mind.