tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Meta must pay $175M for patent-infringement of livestreaming tech, Ars says

A U.S. court, last September, ruled that Meta will have to pay walkie-talkie app-maker Voxer $175M for patent infringement, writes Ashley Belanger for Ars Technica. Over the ensuing months the Facebook parent tried "to avoid paying up by requesting a judge either reject the jury’s verdict or give Meta a new trial," added the story. Meta’s requests were denied by a federal judge this week making it likely Meta will have to pay running royalties "for illegally copying Voxer’s technology and using it to launch Facebook Live and Instagram Live," said Ars. Reference Link

Meet Your ETF AI Analyst

Published first on TheFly

See Insiders’ Hot Stocks on TipRanks >>

Read More on META:

Disclaimer & DisclosureReport an Issue

1