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Allen (Texas) district gets $1.7 million to settle claims from flawed stadium construction

2015-12-22 21:06:00| American School & University

Architect, builder agree to compensate school system for construction flaws that forced the stadium to be closed for 15 months. read more

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Ericsson, Apple in Global Patent Pact, Settle Litigation

2015-12-21 14:47:57| Wireless - Topix.net

Sweden's Ericsson AB and Apple Inc . have agreed a 7-year cooperation deal that brings an end to outstanding patent litigations.

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Ericsson, Apple agree patent licensing, settle lawsuits

2015-12-21 08:29:00| Telecompaper Headlines

(Telecompaper) Ericsson announced it signed a global patent licence agreement with Apple and settled their outstanding lawsuits. As part of the seven-year agreement, Apple will make an initial payment to Ericsson and, thereafter pay ongoing royalties. The specific terms of the contract were not disclosed. It includes a global cross-license for patented standard-essential technologies and grants certain other patent rights. The settlement ends all ongoing patent-infringement claims between the parties. In addition, the companies will collaborate in multiple technology areas, including the development of the next generation 5G cellular standards, the optimization of existing wireless networks for the benefit of operators and users worldwide, and video traffic optimization. Including positive effects from the settlement, and including its ongoing intellectual property business with other licensees, Ericsson estimates its full-year revenues from licensing at SEK 13-14 billion in 2015. 

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Apple, Ericsson settle patent suit

2015-12-21 01:00:00| Total Telecom industry news

Companies strike global cross-licensing deal, agree to collaborate on 5G tech.

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Bed Bath, Nordstrom, others settle US false labeling charges

2015-12-09 21:07:36| Apparel - Topix.net

Four U.S. retailers agreed to pay US$1.3 million of fines to settle U.S. civil charges that they deceived consumers by falsely labeling and advertising textile products as containing bamboo, when they were actually made from rayon. A woman checks her phone outside the entrance of a J.C. Penney store in New York August 14, 2013.

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