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.

Ruling comes amid years-long patent battle.

The dispute over technology used in FaceTime and other applications has gone on for over seven years.

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VirnetX (VHC) stock is soaring on Monday morning after the company was awarded $302.4 million in a patent infringement case against Apple (AAPL).

A U.S. district court judge recently tossed out a verdict that required Apple to pay VirnetX $625.6 million.

VirnetX (VHC) stock is down after a Texas district court ruled in the company’s patent infringement lawsuit against Apple (AAPL).

Facebook celebrated its 12th birthday with a 'Friends Day' that included personalized videos for users.

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UPS topped Street forecasts for its fourth quarter earnings, but a slump in international deliveries kept revenue gain in check.

GM blasted Street profit forecasts with adjusted earnings of $2.12 per share on revenues of $43.1 billion.

“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.