legal matter

Apple hit with record $5.7B patent verdict it may never pay

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A San Diego federal jury ruled that Apple infringed Taction Technology patents tied to haptic feedback in the iPhone, Apple Watch, and Apple’s Taptic Engine, and it set damages at $5.7 billion. The award was described as the largest patent verdict to date in U.S. history, and the amount may still change after post-trial motions and an appeal.

Key claims & sources

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A San Diego federal jury found that Apple infringed Taction Technology patents covering vibration feedback used in the iPhone and Apple Watch.
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The jury ordered Apple to pay Taction Technology $5.7 billion after deciding that Apple’s Taptic Engine infringed two of Taction’s haptic patents.
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The $5.7 billion award was described as the largest patent verdict in U.S. history.
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The case involved haptic technology in Apple Watch and iPhone devices, and the award may change after post-trial motions and an appeal.

Market reaction i

Total crypto marketall crypto assets combined no single asset in the event: read against the whole market
first headline
-0.4% 2 h before
0.0% 4 h after
$2.9Tmarket cap at publication
12data points

The move was larger before the first headline than after. That is an observation, not an explanation: the market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 26 14:50
CR Cryptopolitan scoop
Breaks the event: $5.7B
+3 h 5 m
Sep 26 17:55
CR Cryptopolitan context
Its angle: technologies, compensation, controversy