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Technology News


Apple loses patent retrial to VirnetX, owes $302.4 million

NEW YORK A federal jury in Texas on Friday night ordered Apple Inc to pay more than $302 million in damages for using VirnetX Holding Corp's patented internet security technology without permission in features including its FaceTime video conferencing application.

Recent Technology News

Avast not done with deal-making after AVG buy, but no rush

PRAGUE Avast Software, maker of the world's most popular computer antivirus program, will need a year to absorb its $1.3 billion buy of rival AVG but may seek further acquisitions before an expected flotation, its chief executive said in an interview.

Deals, Cybersecurity Sep 30 2016

Accounting software maker BlackLine files for IPO

Accounting software maker BlackLine Inc filed for an initial public offering with U.S. securities regulators on Friday, looking to ride on the recent success of technology offerings in a relatively quiet year for IPOs.

Deals Sep 30 2016

BMW says it plans to offer electric X3 SUV and Mini models

German luxury auto maker BMW AG said on Friday it will offer all electric versions of its next generation BMW X3 compact sport utility vehicle and electric Mini models, expanding its entries in the emerging electric luxury vehicle market.

Sep 30 2016

Samsung slammed by Chinese state TV over Note 7 recall 'discrimination'

HONG KONG Chinese state broadcaster CCTV has slammed South Korean tech giant Samsung Electronics Co for what it said was "discrimination" against China consumers in its handling of a global recall of Galaxy Note 7 smartphones to replace batteries.

China, South Korea Sep 30 2016

Data storage provider Nutanix soars in market debut

Shares of Nutanix Inc , an unprofitable but growing provider of enterprise data storage, soared more than 130 percent in their market debut Friday, highlighting demand for tech offerings in what has been a generally quiet year for IPOs.

Deals Sep 30 2016