Last November Vringo settled a similar suit against Google Inc. (NASDAQ: GOOG), AOL Inc. (NYSE: AOL), IAC/InteractiveCorp (NASDAQ: IACI), Target Corp. (NYSE: TGT), and Gannett Co. Inc. (NYSE: GCI) for $30 million. Vringo had sought $500 million.
The patents involved in the suit against Microsoft is the same as the patents involved in the Google lawsuit, and are related to relevance filtering when displaying search results. The patents were issued to Lycos, an early web search engine, and were acquired by I/P Engine before it merged with Vringo last year.
Google paid nearly $16 million to Vringo in the November settlement, and that’s probably a figure Microsoft will try to negotiate down.
Travel Cards Are Getting Too Good To Ignore (sponsored)
Credit card companies are pulling out all the stops, with the issuers are offering insane travel rewards and perks.
We’re talking huge sign-up bonuses, points on every purchase, and benefits like lounge access, travel credits, and free hotel nights. For travelers, these rewards can add up to thousands of dollars in flights, upgrades, and luxury experiences every year.
It’s like getting paid to travel — and it’s available to qualified borrowers who know where to look.
We’ve rounded up some of the best travel credit cards on the market. Click here to see the list. Don’t miss these offers — they won’t be this good forever.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.