Nintendo Co. won a 50% cutback of the USD30.2 million in damages awarded to Sony Corp's former worker Seijiro Tomita.
Legal & Regulatory
China to probe EMC, IBM, Oracle for security issues
Shanghai Securities News said the Ministry of Public Security and a cabinet-level research center of China were preparing to investigate on EMC Corp, IBM Corp and Oracle Corp over security concerns.
Japan Tobacco International continues Philippine expansion despite higher taxes
Japan Tobacco International said they will continue to grow in the Philippines despite higher taxes on cigarettes.
Albay gov, congressmen prefer SMEC takeover of electric cooperative
Albay Governor Joey Salceda and two representatives preferred to have SMEC takeover Albay Electric Cooperative (ALECO).
Judge approves cable corporations' plan to sell spectrum
A judge approved the foremost cable systems' plan to sell their spectrum to Verizon Wireless and cross sell their individual wireless and cable plans.
Latest News
US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages. On Wednesday, a court order said US District Judge Denise Cote scheduled a May 2014 trial for Apple to determine damages.
George Soros added another 2 million shares to his JC Penney portfolio while other investors exited or reduced their holdings.
Sources told Reuters if the government's anti-trust case against the AMR-US Airways merger prospers, AMR would have to go back to the drawing board and investors would suffer.
Two traders formerly employed by JP Morgan were charged by federal prosecutors relating to the bank's USD6.2 billion loss in the derivatives trade.
A labor rights group reported that the Brazilian government filed a USD108 million lawsuit against Samsung for its labor violations.
Liberty Global said it would exhaust all legal avenues to fight a recent decision issued by a German court nullifying its purchase of a cable firm
According to lawyers and analysts, Samsung could not make the arguments on public policy grounds that Apple used to sway the Obama administration.
Russian pleaded not guilty to charges that accuse him of being a part of the biggest cybercrime ring prosecuted in the US.
3D printing continued to spur copyright clash between low-end 3D printer users and various companies that defend their copyrights on electronics.
