Microsoft’s $358M punishment nixed by judge in Alcatel patent case
Two federal appeals court judges earlier today overturned a $358 million award of damages against Microsoft, The Seattle Times reports. The judges didn’t dispute that the calendar display in Microsoft Outlook infringes on an Alcatel-Lucent patent, but said the $358 million award lacked supporting evidence to determine the size of the damages.
Alcatel-Lucent filed multiple lawsuits in November 2006. The company claimed that Microsoft Outlook, Money and Mobile software infringed on a patent Alcatel held. Alcatel… Continue Reading
Roundup: HP earnings strong, MySpace exodus, Russia’s Google goes public, more
Here’s the latest (updated) action.
MySpace exodus begins? — Silicon Valley companies have long been vulnerable to start-up fever: Employees leaving to join faster-growing start-ups, lured by potentially lucrative stock options. Now Carol Werner, VP of sales at MySpace, in charge of West Coast sales, has left to join Mochi Media, a start-up that offers an ad network for Flash games. This shows that non-valley companies are prone to the exodus problem too. Good, because we’re getting… Continue Reading
Alcatel-Lucent buys NetDevices, an enterprise telecom co.
Alcatel-Lucent has agreed to acquire NetDevices, a Sunnyvale, Calif. vendor of telecom services for enterprise companies.
Press release here. The amount was undisclosed.
NetDevices has raised about $48 million in funding from investors including Artiman Ventures, Columbia Capital, ComVentures and JumpStartUp Advisors.