Daily Management Review

Groupon To Pay IBM $83 Million Over Patent Dispute


Jury gives verdict in favour of IBM, whereby asking to pay a price to Groupon.

On Friday, July 27, 2018, settling a patent dispute, a jury of the U.S. accorded “$83 million” to “International Business Machines Corp”, in short IBM. The dispute was with Groupon Inc, an e-commerce company.
The jury from Delaware conducted a trial for two weeks, following the jury stated that the e-commerce technology was patented by IBM which has been used by Groupon without “authorization”. A statement from IBM’s spokesperson, Douglas Shelton informed:
“IBM invests nearly $6 billion annually in research and development, producing innovations for society. We rely on our patents to protect our innovations. We are pleased by the jury’s verdict.”
While another statement from Groupon’s spokesperson, Bill Roberts stated:
“We continue to believe that we do not infringe on any valid IBM patents. To the extent these patents have any value at all — which we believe they do not — the value is far less than what the jury awarded.”

Science & Technology

WEF: Big data regulation becomes a problem

Israeli Firm Accused Of Spying By WhatsApp, Lawsuit Filed Against It

Google Used Quantum Computer To Solve Complex Problem

Mars Had Earth-like Salt Lakes

Study: AI is not as profitable as you might think

Porsche, Boeing set to develop flying electric car

Samsung to invest $ 11 billion in new generation displays

US is betting on Nokia and Ericsson to replace Huawei

UPS becomes first to receive full regulatory approval for UAV shipping in USA

NASA orders Lockheed Martin to build spacecraft to fly to the Moon

World Politics

World & Politics

Vale hiding information about problems at Brazilian dams could result in death of 270 people

US Lawmakers Introduce Bill About Xinjiang Uygur Camps In China

European Council agrees to extend Brexit again

Pressure From China Forces Maserati To Dissociate From Film Awards Event In Taiwan

China to replace Hong Kong's Carrie Lam

Iran warns of new reduction in nuclear deal liabilities

Dominican Republic lost $ 200 million because of scandal with tourists death

France: We will take measures to protect our military in Syria