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Alphabet Inc. Message Board

  • stocktrader707 stocktrader707 Nov 1, 2013 8:36 AM Flag

    Google Sued billion dollar Patent dispute

    Thats why the stock got slammed and will continue to get buried!

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    Rockstar, the consortium that bought the Nortel patents for $4.5 billion, sued Samsung Electronics Co Ltd, HTC Corp, Huawei and four other companies for patent infringement in U.S. District Court in Texas. Rockstar is jointly owned by Apple, Microsoft, Blackberry, Ericsson and Sony.

    Google is accused of infringing seven patents. The patents cover technology that helps match Internet search terms with relevant advertising, the lawsuit said, which is the core of Google's search business.

    Sentiment: Strong Sell

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