Seven Networks ordered to pay Visto $7.7 million, but when will Visto execute?
Visto, the Redwood City wireless messaging company, continues to fight legal battles to protect its patents, but it also continues to lose money, and shows no signs of ever being able to make some.
A Texas court has ordered Seven to pay (see this story for details on Visto’s legal battles) Visto $7.7 million in damages plus attorney fees for infringing on Visto patents. The figure is double the damages set by a jury in… Continue Reading
Wireless email co., Seven, says it raises $42M, and changes chief executive
See our story here. Seven has now raised at least $135 million from investors.
Stumble Video, Seven, Panama, Skype 3.0, Venice Project & more
Here’s the latest round-up of Silicon Valley tech news:
Video launch of the day: Stumble Video — StumbleUpon, the site that lets you “stumble upon” other sites by offering up recommendations based on your perceived interests, has reportedly seen a spike in popularity. So it has launched a video version, Stumble Video. You stay on its home page, and it plays videos for you. You give thumbs up and thumbs down, letting it figure out your tastes…. Continue Reading