Investing
SAP Owes Oracle (ORCL) $1.3 Billion: Suit Could Last Years
Published:
Last Updated:
A federal jury ruled in favor of Oracle (NASDAQ: ORCL) in a copyright infringement case against SAP, according to a number of media reports. The sum of the award was $1.3 billion.
Oracle had asked for $1.7 billion.
The former TomorrowNow division of SAP was charged with stealing software and documentation which contained material which covered 120 copyrights..
The suit dates back to 2007, and the award could continue to be appealed which would mean the action could go on for several more years.
Douglas A. McIntyre
Let’s face it: If your money is just sitting in a checking account, you’re losing value every single day. With most checking accounts offering little to no interest, the cash you worked so hard to save is gradually being eroded by inflation.
However, by moving that money into a high-yield savings account, you can put your cash to work, growing steadily with little to no effort on your part. In just a few clicks, you can set up a high-yield savings account and start earning interest immediately.
There are plenty of reputable banks and online platforms that offer competitive rates, and many of them come with zero fees and no minimum balance requirements. Click here to see if you’re earning the best possible rate on your money!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.