VirnetX Holding Corp News
Apple Loses Relief Motion in Patent Case Against VirnetX
The U.S. District Court for the Eastern District of Texas has denied Apple's motion for relief from an award of $440 million to VirnetX for patent infringement.
Apple Loses Appeal of Patent Verdict, Is Liable for $440 Million Damages
The U.S. Supreme Court has refused to hear Apple's appeal of a federal court verdict in a years-long patent dispute, leaving the iPhone maker liable for $439.7 million in damages and penalties.
Shares of VirnetX Jump on Legal Win in Apple Patent Infringement Case
Ruling comes amid years-long patent battle.
Apple Slapped With $440 Million Fine in VirnetX Patent Battle
The dispute over technology used in FaceTime and other applications has gone on for over seven years.
Technology firms gear up to defend patent infringement cases
A U.S. district court judge recently tossed out a verdict that required Apple to pay VirnetX $625.6 million.
VirnetX (VHC) Stock Plummets After Ruling in Patent Claims Against Apple
VirnetX (VHC) stock is down after a Texas district court ruled in the company’s patent infringement lawsuit against Apple (AAPL).
Pfizer Stock Slides As Soft Covid Vaccine Sales Outlook Mars Q4 Earnings Beat
"As we turn to 2023, we expect to once again set records, with potentially the largest number of new product and indication launches that we’ve ever had in such a short period of time," said CEO Albert Bourla.
UPS Earnings Top Street Forecasts On Margin Focus, Revenues Miss; New $5 Billion Share Buyback Unveiled
UPS topped Street forecasts for its fourth quarter earnings, but a slump in international deliveries kept revenue gain in check.
General Motors Stock Surges As Earnings Blast Street Forecasts; Sees Robust 2023 Profits
GM blasted Street profit forecasts with adjusted earnings of $2.12 per share on revenues of $43.1 billion.
Exxon Mobil Posts Record $56 Billion 2022 Profit, Beats Q4 Forecasts As Crude Surges
“While our results clearly benefited from a favorable market, the counter-cyclical investments we made before and during the pandemic provided the energy and products people needed," said CEO Darren Woods.