Even though the massive CrowdStrike outage caused billions in damages, insurance companies will cover only a fraction of the losses. A third of the total cost comes from the Fortune 500 businesses.
Damages RSS
Hacker Gary Bowser from the infamous Team-Xecuter Nintendo piracy group has been released early from prison. However, he will likely be paying off fines to Nintendo for the rest of his life.
The European Union is set to announce the AI Liability Directive that will make it easier for individuals to sue the manufacturer of an AI product or its user through "presumption of causality".
Blackberry has sued Nokia for intentionally infringing its patents, demanding tha the Finnish company pay damages. This isn't the first time the two companies have clashed in a patent row.
Samsung paid Apple $548 million this month alone for patent infringement, but Apple isn't done yet and is filing to receive an additional $180 million in supplemental damages.
When developing processors for its highly popular devices, Apple was found to have infringed upon a University of Wisconsin patent, and now the trial is moving on to determine the damages.
Uber is being sued following its recent expansions in Canada. Following the city of Toronto's failed lawsuit, it's the taxi drivers in Toronto looking for up to C$400m in damages.
Apple has lost a case and was found to infringe upon the patents held by a Texas company. The iPhone maker was ordered to pay damages in excess of $500 million.
The jury foreman in the latest round of Samsung v Apple has come out and said that "Ultimately, the consumer is the loser in all this" after Apple won $120 million in damages on Friday.
A further $4 million has been awared to Apple in the latest patent dispute onto their $119.4 million win from Saturday, in the latest court battle between the two.
Apple and Nokia have teamed up against Samsung. The Finnish company is trying to help Apple get an injunction against Samsung devices that were found to be infringing on Apple's patents and copyrights
Apple challengers, beware! Samsung may have been hit with a $1.05 billion fine, but there's a chance the fine could be increased to $3 billion after Apple moved to have the figure trebled.
Microsoft has been ordered to pay over a sum of $70,000,000 to the French company Alcatel-Lucent, over a patent infringement that dates back to 2003. The patent was originally filed by engineers at AT&T, and...
Facebook has been awarded damages of $711 million against Sanford Wallace, who spammed the social network with fake messages. Wallace was sued in February, alongside Adam Arzoomanian, for obtaining login details for accounts and using...
There is spam in the world everywhere you look, whether it be in newspapers in the form of adverts or in your inbox as emails offering enhancements to your body or cheap priced software. But...
A federal judge has basically told SCO to "put up or shut up" in regards to it's claim that it has suffered damages from Novell in the form of slander and hampering SCO's efforts to...
Microsoft faces $62.3 million in damages after a jury's decision that the software giant willfully infringed on a patent held by printing software player Imagexpo, LLC, in its NetMeeting whiteboarding feature. The...
I can see a bad trend starting here... Internet café chain EasyInternet has dropped its appeal against a High Court ruling that found it guilty of copyright infringement for downloading music. ...