Apple loses out on iPod playlist patent suit to the tune of $8 million
2 06 2012July 10, 2011
Apple has been ordered to shell out $8 million for infringing on playlist patents owned by a company called Personal Audio LLC despite Apple’s insistence that the patents were invalid. According to Bloomberg, the jury in the Eastern district of Texas made its decision late Friday, upholding the validity of the patents and slapping Apple with penalties.
Personal Audio is a Texas-based patent holding company that makes its money from licensing its intellectual property to companies like Apple.
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