Apple Hit With $5.7 Billion Patent Verdict Over iPhone, Apple Watch Haptics
Apple hit with $5.7B patent verdict over Taction haptics technology; company denies wrongdoing and plans to appeal.
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The tech world was buzzing this past week with a slew of exciting developments. From Qualcomm Inc.‘s (NASDAQ:QCOM) Snapdragon Summit to Apple Inc.‘s (NASDAQ:AAPL) new ventures, there was no shortage of news to keep tech
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Apple hit with $5.7B patent verdict over Taction haptics technology; company denies wrongdoing and plans to appeal.
Meta stock fell 4%, wiping nearly $9 billion from Zuckerberg’s wealth after Goldman Sachs warned AI spending faces a massive revenue hurdle.
Qualcomm stock surged following new Snapdragon 8 Elite chip rollouts, an extended global patent agreement with Apple, and strong growth in on-device AI capabilities.
Meta unveiled new AI capabilities, Google advanced its space-based AI project and Akamai expanded its Anthropic partnership with an $11.6 billion commitment.