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Oracle Corp’s (NYSE: ORCL)...

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15%...

RTX Corp (NYSE: RTX)...

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03...

GameStop Corp. (NYSE:GME) Quarter...

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after...

Advanced Micro Devices (NASDAQ:AMD)...

Shares of Advanced Micro Devices (NASDAQ:AMD) drops 0.38% in afterhours in last trading...
HomeTech InsidesU.S. Court Refuses...

U.S. Court Refuses Second Time Apple Inc.’s (NASDAQ:AAPL) Patent Claims on QUALCOMM, Inc. (NASDAQ:QCOM)

QUALCOMM, Inc. (NASDAQ:QCOM) surges 1.67% in pre trading session on Tuesday. Despite the resolution of the underlying dispute between the two tech titans, the United States Supreme Court on Monday declined to consider Apple Inc.’s (NASDAQ:AAPL) request to reopen an effort to revoke three Qualcomm Inc. smartphone patents.

The justices left in place a lower court’s decision against Apple after similarly turning away in June the company’s appeal of a lower court ruling in a closely related case challenging two other Qualcomm patents.

Qualcomm sued Apple in San Diego federal court in 2017, arguing that its iPhones, iPads and Apple Watches infringed a variety of mobile-technology patents. That case was part of a broader global dispute between the tech giants.

Apple challenged the validity of the patents at issue in this case at the U.S. Patent and Trademark Office’s Patent Trial and Appeal Board.

The companies settled their underlying fight in 2019, signing an agreement worth billions of dollars that let Apple continue using Qualcomm chips in iPhones. The settlement included an Apple license to thousands of Qualcomm patents, but allowed the patent-board proceedings to continue.

The board upheld the patents in 2020, and Apple appealed to the patent-specialist U.S. Court of Appeals for the Federal Circuit. Cupertino, California-based Apple argued it had proper legal standing to appeal because San Diego-based Qualcomm could sue again after the license expires, potentially as soon as 2025.

A Federal Circuit three-judge panel, in a 2-1 ruling, dismissed the case last year for a lack of standing, finding that Apple’s risk of being sued again was speculative and the challenge would not affect its payment obligations under the settlement.

Qualcomm has again argued that Apple has not shown a concrete injury to justify the appeal, just like in the “materially identical” case that the high court rejected.

Oracle Corp’s (NYSE: ORCL) Cloud Business Faces Headwinds: What Lies Ahead

Oracle Corp (NYSE: ORCL) falls down to its knees, share dropped over 12.15% or $15.21 to trade at $111.50 in pre trading session on...

RTX Corp (NYSE: RTX) Updates 2023-2025 Outlook amid Engine Part Challenge

RTX Corp (NYSE: RTX) experienced a notable decline of -7.22%, amounting to $6.03 per share, bringing its current trading price to $77.45. The company,...

GameStop Corp. (NYSE:GME) Quarter Report: Resilience amidst Market Turbulence

GameStop Corp. (NYSE: GME) to announce its second quarter fiscal 2023 results after the market closes today. Shares were slightly down in the pre-trading...

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Virgin Orbit (NASDAQ: VORB) Plans to Use Chapter 11 Procedure To Increase Value For Its Company

Shares of Virgin Orbit Holdings Inc. (NASDAQ: VORB) persist its gain in pre trading session as jumps over 50% in previous session as the company's U.S. subsidiaries, a capable supplier of space launches, declared that it has started a...

Teck Resources Limited (NYSE: TECK) Submits Proxy Circular, Supporting Documents for 2023 Meeting

Teck Resources Limited (NYSE: TECK) inches up in early session on Tuesday as the company announces that the management proxy circular and supporting documents for its annual and extraordinary shareholder meeting scheduled for April 26, 2023 have been submitted....

Broadcom Inc. (NASDAQ:AVGO) Soars After Britain Will Probe Its Acquisition of VMware (NYSE:VMW)

Broadcom Inc. (NASDAQ: AVGO) surges over 1.2% in pre trading session on Wednesday as the Britain declared it will thoroughly look into Broadcom's acquisition of VMware, Inc. (NYSE: VMW) after the US chipmaker made no quick commitments in response...

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