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Wednesday, February 25, 2015

Apple ordered to pay $533 million in iTunes patent lawsuit - Feb. 25, 2015

A Texas jury ordered Apple to pay $533 million for improperly using another company's patented technology in iTunes.



The technology is owned by Smartflash, a Texas-based company that licenses seven data storage patents owned by CEO Patrick Racz, who is also the company's only employee.



Apple ordered to pay $533 million in iTunes patent lawsuit - Feb. 25, 2015

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