Apple has settled a patent dispute with Nokia. Nokia had demanded royalties for the use of its technologies and intellectual properties in the iPhone. Apple will pay Nokia one off fee to Nokia and henceforth royalties. The two companies are also embarking on patent-licensing agreement that will solve all pending patent quarrels between them. This will include the countersuits that Apple brought againt Nokia.
Meanwhile, HP continues to challenge Oracle to honor its part in a deal to make software for Intel microprocessor for its server business. HP has maintained that Oracle entered into the agreement and must honor it because HP has already lined up customers for the servers.
Recently HP and Oracle have escalated legal tussles after HP fired Mr. Mark Hurd and Oracle hired him as a senior executive. Many analysts believe that Oracle reluctance to develop software for this server business of HP is to weaken HP market position. The legal problems continue even as HP continues to lose market capitalization.
Tekedia Mini-MBA edition 14 (June 3 – Sept 2, 2024) begins registrations; get massive discounts with early registration here.
Tekedia AI in Business Masterclass opens registrations here.
Join Tekedia Capital Syndicate and invest in Africa’s finest startups here.