By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
IndebtaIndebta
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Notification Show More
Aa
IndebtaIndebta
Aa
  • Banking
  • Credit Cards
  • Loans
  • Dept Management
  • Mortgage
  • Markets
  • Investing
  • Small Business
  • Videos
  • Home
  • News
  • Banking
  • Credit Cards
  • Loans
  • Mortgage
  • Investing
  • Markets
    • Stocks
    • Commodities
    • Crypto
    • Forex
  • Videos
  • More
    • Finance
    • Dept Management
    • Small Business
Follow US
Indebta > Markets > Stocks > Google owes $338.7 million in Chromecast patent case, US jury says
Stocks

Google owes $338.7 million in Chromecast patent case, US jury says

News Room
Last updated: 2023/07/26 at 2:45 AM
By News Room
Share
2 Min Read
SHARE

© Reuters. FILE PHOTO: The logo of Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, U.S., November 17, 2021. REUTERS/Andrew Kelly//File Photo

By Blake Brittain

(Reuters) -Alphabet’s Google (NASDAQ:) violated a software developer’s patent rights with its remote-streaming technology and must pay $338.7 million in damages, a federal jury in Waco, Texas decided on Friday.

The jury found that Google’s Chromecast and other devices infringe patents owned by Touchstream Technologies related to streaming videos from one screen to another.

Google spokesperson Jose Castaneda said on Monday that the company will appeal the verdict and has “always developed technology independently and competed on the merits of our ideas.”

Touchstream attorney Ryan Dykal said on Monday that Touchstream was pleased with the verdict.

New York-based Touchstream, which also does business as Shodogg, said in its 2021 lawsuit that founder David Strober invented technology in 2010 to “move” videos from a small device like a smartphone to a larger device like a television.

According to the complaint, Google met with Touchstream about its technology in December 2011 but said it was not interested two months later. Google introduced its Chromecast media-streaming devices in 2013.

Touchstream said that Google’s Chromecast copied its innovations and infringed three of its patents. It also said its patents were infringed by Google’s Home and Nest smart speakers and third-party televisions and speakers with Chromecast capabilities.

Google denied infringing Touchstream’s rights and argued that the patents are invalid.

Touchstream filed similar complaints against cable providers Comcast (NASDAQ:), Charter and Altice in Texas earlier this year. Those cases are still pending.

Read the full article here

News Room July 26, 2023 July 26, 2023
Share this Article
Facebook Twitter Copy Link Print
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Finance Weekly Newsletter

Join now for the latest news, tips, and analysis about personal finance, credit cards, dept management, and many more from our experts.
Join Now
US steps up blockade of Venezuela by seeking to board third oil tanker

Unlock the White House Watch newsletter for freeYour guide to what Trump’s…

Fraudsters use AI to fake artwork authenticity and ownership

Stay informed with free updatesSimply sign up to the Artificial intelligence myFT…

JPMorgan questioned Tricolor’s accounting a year before its collapse

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects…

Netflix misses Q3 earnings estimates, meme stock trade returns as Beyond Meat rallies 1,300%

Watch full video on YouTube

How subsea cables power the global internet

Watch full video on YouTube

- Advertisement -
Ad imageAd image

You Might Also Like

Stocks

Playa Hotels & Resorts (NASDAQ:PLYA) Delivers Strong Q4 Numbers By Stock Story

By News Room
Stocks

ON24 (NYSE:ONTF) Posts Better-Than-Expected Sales In Q4 By Stock Story

By News Room
Stocks

Evolent Health shares leap on Q4 earnings beat and upbeat guidance By Investing.com

By News Room
Stocks

Chuy’s (NASDAQ:CHUY) Reports Q4 In Line With Expectations But Stock Drops

By News Room
Stocks

Red River Bancshares raises dividend to $0.09 per share

By News Room
Stocks

Ecolab appoints Microsoft executive to board

By News Room
Stocks

Semilux secures $50 million equity deal with White Lion Capital

By News Room
Stocks

US government debt trajectory to push long-term yields higher, says PIMCO

By News Room
Facebook Twitter Pinterest Youtube Instagram
Company
  • Privacy Policy
  • Terms & Conditions
  • Press Release
  • Contact
  • Advertisement
More Info
  • Newsletter
  • Market Data
  • Credit Cards
  • Videos

Sign Up For Free

Subscribe to our newsletter and don't miss out on our programs, webinars and trainings.

I have read and agree to the terms & conditions
Join Community

2023 © Indepta.com. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?