Google Wins Verdict in Oracle Patent Suit

Photo of Paul Ausick
By Paul Ausick Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Invalid Image
Even the whittled down version of the patent infringement lawsuit that Oracle Corp. (NASDAQ: ORCL) brought against Google Inc. (NASDAQ: GOOG) didn’t pass a San Francisco jury today. The federal jury’s verdict represents the second act of a three-act drama.

In the first phase of the trial, a federal judge narrowed the litigation over Oracle’s copyright claims and upheld a portion of Oracle’s claims. In the third phase the judge will assess damages against Google for its infringing use of some parts of Java code in Google’s Android operating system. Oracle has indicated that it intends to seek a seriously large payment for the infringement. Oracle has also said that it will appeal the jury’s verdict.

The verdict did not affect either company’s share price during today’s trading session. After hours both are down slightly.

Paul Ausick

Contact [email protected] for any questions or corrections.

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Continue Reading

Top Gaining Stocks

ABNB Vol: 11,944,584
MCHP Vol: 10,464,242
PLTR Vol: 57,553,469
MRNA Vol: 4,231,341
AXON Vol: 932,363

Top Losing Stocks

TTD Vol: 112,226,668
CTRA Vol: 73,319,495
RMD Vol: 2,525,186
AKAM Vol: 5,486,720
ZTS Vol: 8,375,131