October 17, 2015

Top News Stories –

Apple loses patent lawsuit to University of Wisconsin, faces hefty damages –
Apple Inc could be facing up to $862 million in damages after a U.S. jury on Tuesday found the iPhone maker used technology owned by the University of Wisconsin-Madison’s licensing arm without permission in chips found in many of its most popular devices. The jury in Madison, Wisconsin also said the patent, which improves processor efficiency, was valid. The trial will now move on to determine how much Apple owes in damages. WARF used the patent to sue Intel Corp in 2008, but the case was settled the following year on the eve of trial. Last month, WARF launched a second lawsuit against Apple, this time targeting the company’s newest chips, the A9 and A9X, used in the just-released iPhone 6S and 6S Plus, as well as the iPad Pro. [Reuters]

Volkswagen faces €40bn lawsuit from investors –
Volkswagen is set to be pushed deeper into crisis after it emerged that the carmaker is facing a record-breaking €40bn (£30bn) legal attack spearheaded by one of the world’s top law firms. Quinn Emanuel, which has won almost $50bn (£32bn) for clients and represented Google, Sony and Fifa, has been retained by claim funding group Bentham to prepare a case for VW shareholders over the diesel emissions scandal, The Sunday Telegraph can reveal. Bentham has recently backed an action by Tesco shareholders over the retailer’s overstating of profits. The pair are attempting to assemble a huge class action following what they call “fundamental dishonesty” at the German auto giant, which plunged the carmaker into crisis after it admitted using “defeat devices” to cheat pollution tests. [Daily Telegraph]

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  • Ardit Ferizi, a 20-year-old hacker from Kosovo and computer student in Malaysia, is arrested for hacking into a Phoenix, Arizona computer system and stealing the names and personal information of thousands of U.S. military personnel. Ferizi is accused of giving the information to ISIS. The U.S. is seeking Ferizi’s extradition. (CNN)
  • A shooting just before midnight at the ninth annual Fort Myers, Florida, Zombicon kills one person and injures four others, none with life threatening injuries, and causes pandemomium on the city’s downtown streets. Police ask attendees to share smartphonevideo from the incident. (USA Today) (Reuters)
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