Apple agrees to settle Siri lawsuit for $24.9 mlnApril 20, 2016 - 13:21 AMT PanARMENIAN.Net - Apple has agreed to pay $24.9 million to settle a years-long lawsuit alleging that its Siri voice technology violated a patent licensed to a Dallas company by Rensselaer Polytechnic Institute in Troy, New York, Albany Business Review said. The lawsuit alleges Siri was developed at Rensselaer before Apple introduced it in 2011 with the iPhone 4S. The Dallas company, Dynamic Advances, was the exclusive licensee of Rensselaer's patent. Under the terms of the agreement, Dynamic Advances' parent company Marathon Patent Group will receive $5 million from Apple (NASDAQ: AAPL) immediately after dropping its case. The remaining $19.9 million will come after some conditions are met. In exchange, Apple will receive a patent license and a promise that it won't be sued again for three years. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | European Parliament to discuss repression in Azerbaijan The European Parliament will discuss repression of civil society in Azerbaijan on April 24 PACE wants concessions from Azerbaijan to accept Baku back A PACE co-rapporteur said that Azerbaijani authorities must make certain concessions so that the country can return to PACE. Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. |