India Courts Allows Nokia To Transfer Chennai Factory Assets To Microsoft

India Courts Allows Nokia To Transfer Chennai Factory Assets To MicrosoftWhile the Microsoft-Nokia deal has been largely approved by shareholders and regulators, there are still a couple of obstacles left in its path, such as the issue with the Indian government who claims that Nokia owes them taxes. Nokia has since offered the courts $369 million to unfreeze it assets, and it looks like the courts have decided to take Nokia up on their offer by allowing Nokia to finally sell its Chennai manufacturing unit to Microsoft, thus allowing the acquisition to proceed as per normal. Had the courts not accepted Nokia’s offer, the company would have been forced to exclude the factory from the deal, which could throw a wrench into the proceedings.

In any case it looks like everything is back on track for now, but Nokia is said to still owe the country of India around $3.4 billion in taxes, which includes penalties for non-payment of tax and interest. Nokia is currently contesting the amount, but if they lose, that’s the amount that the Finnish company would have to pay. It’s definitely not a small amount and it has been reported that Nokia’s shares actually took a 2% dive as the outcome of the case remained an uncertainty.

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  • India Courts Allows Nokia To Transfer Chennai Factory Assets To Microsoft original content from Ubergizmo.

        



    Microsoft looks towards eye-tracking study in Google EU antitrust case

    The Google EU antitrust case has been ongoing for quite sometime now. And while it seems to be never-ending, that isn’t necessarily due to Google slowing the process. They have offered concessions several times now, and several times they have been told to resubmit. And well, it looks like Microsoft and other complainants are still […]

    Samsung and EU antitrust settlement needs only minor changes for approval

    Samsung is reportedly close to making a settlement with the EU to end an investigation having to do with key patents it holds. Sources familiar with the Samsung case claim that the settlement likely requires only minor changes to win approval from regulators. The patents at the heart of the case involve some that are […]

    Man Slapped With $183,000 Fine For Participating In A DDoS Attack For 1 Minute

    Man Slapped With $183,000 Fine For Participating In A DDoS Attack For 1 MinuteWe’re sure some of you guys have come across the term “DDoS” before, which basically stands for distributed denial-of-service and is an attack on a particular machine or network in an attempt to shut it down or interrupt its service. There are many ways one can go about doing that, although a pretty popular way would be to flood the website with requests or large bits of data until its servers are unable to handle the load, thus crashing and taking the website(s) offline for a period of time. This is obviously illegal and if you’re wondering just how much trouble you could land yourself in for participating in a DDoS? Well a certain Eric J. Rosol has found out by being slapped with an $183,000 fine.

    Rosol recently plead guilty to taking part in Anonymous’ OpWisconsin where he admitted to participating in a DDoS attack on the Koch Industries’ website that lasted for only a minute. The attack managed to take the website down for about 15 minutes and according to estimates, the loss sustained by Koch Industries was less than $5,000, a good deal less than the fine Rosol is facing. The reason behind the huge fine? Apparently this is to cover the expenses that Koch Industries had to pay to a consulting firm to better secure its servers. The fine is currently being appealed and while performing a DDoS is illegal, a fine of $183,000 seems excessive compared to the loss of $5,000. What do you guys think?

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  • Man Slapped With $183,000 Fine For Participating In A DDoS Attack For 1 Minute original content from Ubergizmo.

        



    Samsung Loses iOS Embargo And Request For Damages In South Korea

    Samsung Loses iOS Embargo And Request For Damages In South KoreaWhen it comes to the legal battle against Apple, it seems as though Samsung just can’t catch a break, even in their home of South Korea where the courts have recently ruled against their request for an iOS embargo. According to the lawsuit, Samsung had sued Apple for alleged patent infringement and was seeking an embargo against a variety of iPhone and iPad models in South Korea, and also asked for damages in the amount for $95,100. Unfortunately for Samsung, both the embargo and fine were denied as the judge ruled that the iPhone 4S, iPhone 5, and the iPad did not violate any of Samsung’s utility patents regarding short message and message display features.

    The judge also stated that Apple could have just as easily developed the technology on their own, and would not have had to copy Samsung’s patent. Unsurprisingly Samsung is none too happy about the ruling, with a statement saying, “As Apple has continued to infringe our patented mobile technologies, we will continue to take the measures necessary to protect our intellectual property rights.” Apple on the other hand was more than happy about the results, with spokesperson Steve Park stating, “We are glad the Korean court joined others around the world in standing up for real innovation and rejecting Samsung’s ridiculous claims.”

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  • Samsung Loses iOS Embargo And Request For Damages In South Korea original content from Ubergizmo.

        



    Apple Thinks Samsung Should Foot Some Of Their Legal Bill

    Apple Thinks Samsung Should Foot Some Of Their Legal BillBeing a lawyer for Apple must certainly be a lucrative job because last we heard, the Cupertino company has spent a whopping $60 million in its legal fees against Samsung. However it seems that despite Apple’s enormous wealth, they have apparently decided that they don’t think that the $60 million bill should be footed entirely by them. According to The San Jose Mercury News, they are reporting that Apple has asked the judge to make Samsung pay about a third of their legal bill. Apple claims that $16 million of the legal fees should be paid by Samsung, with an additional $6.2 million to cover other expenses, making the total a little over $22 million.

    So why should Samsung pay Apple’s legal fees? Well according to Apple, this is because it was an “obvious course of action” stemming from the jury’s willfulness verdict, along with Samsung’s extensive record of willful, deliberate, and calculated decisions to copy Apple’s iPhone, which is pretty much why both companies have been fighting it out in the courts in the first place. Clearly Apple is not making this an easy trial for Samsung, as even in the face of a potential win, Apple is looking to try to squeeze as much out of Samsung as possible, presumably to make an example of them. What do you guys think? Should Samsung have to pay Apple’s legal bills?

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  • Apple Thinks Samsung Should Foot Some Of Their Legal Bill original content from Ubergizmo.

        



    EA Faces Potential Lawsuit Over Battlefield 4

    EA Faces Potential Lawsuit Over Battlefield 4According to the rumors, Battlefield 4 was a rushed out game by EA and DICE in a bid to beat Activision’s Call of Duty: Ghosts to the punch. The result was a fairly buggy game that led to EA’s SVP to announce that they could have done a better job. However it seems that it might be too little too late, as law firm Holzer Holzer & Fistel have announced that they will launch an investigation against EA over Battlefield 4, or to be more specific, to see if EA has “complied with federal securities laws” when the company was making statements during the course of development, and after the launch of the game itself.

    The statement made by the law firm seems to, or at least wants to, represent the interests of the shareholders of EA, who might have suffered losses due to EA’s stock prices taking a dip due to the problems plaguing the game. It wasn’t too long ago that EA announced that they would be putting a halt to future Battlefield 4 DLCs until they resolved all the problems with the game at the moment, and while this is a good move by the company, it did not sit well with investors as stock prices of EA saw a drop of 7.3% following the announcement. At the moment this does not appear to be a lawsuit yet, but it could be one.

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  • EA Faces Potential Lawsuit Over Battlefield 4 original content from Ubergizmo.

        



    Dell under investigation by Justice Department over Sales to Syria

    Computer manufacturer Dell is under investigation by the Justice Department over sales of computers to the Syrian government. The sale of Dell computer products to the Syrian government reportedly originated with a distributor based in Dubai that works with Dell. There are currently sanctions in place that prevent most goods made in the US from […]

    Nokia warned not to become patent troll following Microsoft acquisition

    Earlier this year, Nokia sold the majority of its handset business to Microsoft, but held on to its roster of patents. Because of this, a European regulator has warned Nokia to avoid becoming a patent troll, something that has been an issue for companies in increasing numbers. The warning came from the European Commission’s head […]

    Google, Microsoft, Apple & more demand government surveillance reform

    Google, Apple, Microsoft, Facebook, and other big names in tech have joined forces to protest government surveillance worldwide, calling for “Global Government Surveillance Reform” to better balance keeping citizens safe while also preserving their privacy. The group, which also includes AOL, LinkedIn, Twitter, and Yahoo, sets out five principles for transparency, oversight, accountability, and respect, […]