Tag Archives: 15M

By Dorothy Atkins (June 3, 2022, 6:39 PM EDT) — Yahoo has urged a California federal judge to grant it a post-trial judgment invalidating software company Droplets Inc.’s patent following Yahoo’s $15 million jury trial infringement loss, while Droplets asked the judge to tack on $17.6 million in interest to the judgment and award $3 million in fees and costs. In separate post-trial motions filed Wednesday, Yahoo and Droplets each took turns asking U.S. District Judge Jon S. Tigar to… Source link

By Lauren Berg (April 22, 2022, 6:26 PM EDT) — A California federal judge Friday signed off on an agreement dismissing Nordstrom Inc. from claims that it infringed Droplets Inc.’s patented technology for quickly updating web pages, just a month after Yahoo Inc. was hit with a $15 million infringement verdict over the same claims. U.S. District Judge Jon S. Tigar signed a stipulation noting that the small Texas company and the Seattle retail giant have settled the dispute and agreed… Source link

Former Denver Broncos offensive lineman Ja’Wuan James secured $9 million Monday, but is still seeking $15 million from a different team.  James signed a two-year, $9 million deal with the Baltimore Ravens on Monday, according to ESPN’s Adam Schefter. The deal will pay James $500,000 to rehab his Achilles injury in 2021. James will make a little over $8 million in 2022.  The contract comes on the same day it was reported James filed a grievance against the Denver Broncos seeking to recoup his… Source link

SoftBank has picked its bet in China’s flourishing industrial robotics space. Youibot, a four-year-old startup that makes autonomous mobile robots for a range of scenarios, said it has notched close to 100 million yuan ($15.47 million) in its latest funding round led by SoftBank Ventures Asia, the Seoul-based early-stage arm of the global investment behemoth. In December, SoftBank Ventures Asia led the financing round for another Chinese robotics startup called KeenOn, which focuses on… Source link

Bloomberg Bitcoin Hoard Fuels One of World’s Biggest Crypto Fortunes (Bloomberg) — It’s the latest corporate strategy for companies from Tesla Inc. to Square Inc.: shift a portion of cash reserves into cryptocurrencies as digital assets become more mainstream.Still, few have gone as far as MicroStrategy Inc. Eight months after its first investment, the software firm has a Bitcoin holding worth more than $5 billion.Shares of MicroStrategy have rocketed almost 600% since mid-July, boosting… Source link

Bloomberg Goldman’s Eric Lane Leaves for Tiger Global in Surprise Exit (Bloomberg) — Eric Lane, the co-head of Goldman Sachs Group Inc.’s asset-management business, is quitting the firm to join Chase Coleman’s Tiger Global Management, just a day after news that a pair of senior consumer bankers are leaving the lender for a fintech startup.Lane is departing less than six months after taking over Goldman’s newly expanded asset-management business along with Julian Salisbury, according… Source link