Apple shareholders are suing Tim Cook for “ensnaring Apple in a multi-year anticompetitive scheme” related to e-books.
You’re most probably familiar with the expression “out of the frying pan into the fire.”
Having seemingly settled its e-book price-fixing lawsuit by agreeing to pay $450 million, Tim Cook and other top Apple execs are now being sued by Apple shareholders, claiming that the incident has damaged the company.
As per a complaint filed at the end of last week, Cook and other Apple executives were told that they should accept “responsibility for ensnaring Apple in a multi-year anticompetitive scheme.”
Although Apple recently won $119 million in a second victory against Samsung in patent court, that modest figure is nowhere near enough to make Apple back down. Not only is Apple seeking a retrial, but it wants to ban past and potentially future Samsung phones from being sold.
Round two of what might be the biggest patent trial in tech history will be decided by a plumber, a police officer and a store clerk. Those blue-collar types are among the 10-person jury finalized Monday for the latest legal battle between Apple and Samsung.
“Jury picked,” tweeted San Jose Mercury News reporter Howard Mintz shortly after jury selection concluded. “Plumber, teacher, cop, secretary, store clerk, county worker, etc. Not [a] sniff of a tech geek to decide $billion patent trial.”
Apple and Samsung have become very acquainted with one another in the courtroom. Every since Apple’s crushing victory against Samsung in 2012 over patent infringement, the tech giants have been duking it out through a seemingly-endless string of appeals. The culmination of 2012’s verdict is a second trial that begins today in San Jose, California.
Much in this trial is the same as the last: Apple and Samsung are both accusing each other of copying patented ideas, and there are billions of dollars on the table. But enough has changed to make the outcome of this second trial unguessable.
Phil Schiller and possibly Scott Forstall are expected to make witness appearances for the next round of the Apple v. Samsung trial, when the two companies return to court in California in late March.
As Apple’s senior vice president of worldwide marketing, Schiller was the highest-profile witness to take the stand during the first jury trial in the patent case between Apple and Samsung in August 2012.
A group of 64,000 Silicon Valley workers have won the right to pursue a lawsuit against a number of tech companies — including Apple — accused of an “overarching conspiracy” to keep employee pay low through anti-poaching agreements.
The 9th U.S. Circuit Court of Appeals let stand an order by U.S. District Judge Lucy Koh that will let the workers sue as a group, and pursue what defendants claim could be more than $9 billion of damages.
Right now, Apple has over $156 billion in its war chest, prompting investors like Carl Icahn to pretty much riot to try to get at some or all of it.
Compared to $156 billion, $16 million is a drop in the ocean of Apple’s money, an amount so small that Tim Cook wouldn’t think twice to even sign the check. But when it comes to Samsung, Apple’s intellectual property arch rival, Cupertino wants to wring out every drop of money it can.
Remember that time Cult of Mac reported that Apple’s oft-maligned iOS Maps function steered people the wrong way across Fairbanks Airport Taxiway? If you’re anything like this writer, you probably either chuckled at the egregiousness of the error or else were momentarily aghast, and then went on with the rest of your day.
Well, in the eyes of some what you should have been thinking is: “hey, I could probably sue over that.”
Perhaps it’s better that you didn’t, however, because the class action lawsuit that has been filed against Apple for iOS Maps is a bit of a headscratcher.
‘Tis the season for class-action lawsuits, and a new one is being brought against Apple, alleging that the Cupertino-based company knew about problems effecting the 27-inch iMac, yet did nothing to stop them.
Apple has been targeted by a class action lawsuit for falsely advertising a Season Pass for the final season of Breaking Bad. The season was split into two parts, but those who purchased a Season Pass were angered when they discovered that the eight episodes included in the second part were not included, and that they would have to pay extra to get them.