Google Whacked with Huge Patent Infringement Lawsuit
November 1, 2013 by Paul Ausick
Google could have some trouble defending itself because it placed an initial bid for the Nortel portfolio of $900 million and got out of the bidding at $4.4 billion. Legally, it will be difficult for the search giant to argue that the patents have no value when the company itself was trying to acquire them.
According to the lawsuit, Google was aware of the patents-in-suit at the time of the auction and “[d]espite losing in its attempt to acquire the patents-in-suit at auction, Google has infringed and continues to infringe the patents-in-suit.”
The big threat comes from charges that Google’s “systems, methods, products, and processes for matching search terms with relevant advertising and/or information based on those search terms and other user data” infringe on seven of Rockstar’s patents. The suit claims that Google’s infringement of the patents was willful and seeks damages and attorneys’ fees and costs.
The lawsuit is a serious threat to the Android ecosystem and to Google’s bread-and-butter search business. And it appears that Google is on shaky ground.
Smart Investors Are Quietly Loading Up on These “Dividend Legends”
If you want your portfolio to pay you cash like clockwork, it’s time to stop blindly following conventional wisdom like relying on Dividend Aristocrats. There’s a better option, and we want to show you. We’re offering a brand-new report on 2 stocks we believe offer the rare combination of a high dividend yield and significant stock appreciation upside. If you’re tired of feeling one step behind in this market, this free report is a must-read for you.
Click here to download your FREE copy of “2 Dividend Legends to Hold Forever” and start improving your portfolio today.