In January 2018, Amazon, Columbia Pictures, Disney, Netflix, Paramount Pictures, 20th Century Fox, Universal and Warner Bros. sued Dragon Media, which manufactured Dragon Box, a “free TV” box that allowed users to watch pirated video without a cable TV or streaming service subscription. The media titans just achieved victory in the case, with Dragon Media agreeing to shut down its services and pay $14.5 million in damages. Under the terms of the agreement, Dragon Media must shut down service in five days. Continue reading In a Win for Hollywood, Dragon Media to Shutter Its Services

Apple just revealed that it is investing $390 million in Finisar, the company that manufactures the chips used in Apple’s products for depth and proximity sensing. Apple has made use of the chip’s capabilities in some of its new features, including Face ID, Animoji and ARKit, the software development kit for augmented reality. The investment comes from Apple’s $1 billion Advanced Manufacturing Fund. The Sunnyvale, California-based Finisar will use the money to re-open a plant in Texas that will create 500 jobs. Continue reading Apple Invests $390M into Depth/Proximity Chip Maker Finisar

Apple and Nokia have signed a multi-year patent license and new business cooperation agreement that settles all litigation related to the ongoing IP dispute between the two companies. As part of the deal, Nokia will provide Apple with network infrastructure products and services, while Apple has agreed to pay Nokia an upfront cash fee and resume selling Nokia’s digital health products, formerly under the Withings brand (which Apple had stopped selling last year). According to the press release, “Regular summits between top Nokia and Apple executives will ensure that the relationship works effectively and to the benefit of both parties and their customers.” Continue reading Apple, Nokia Sign Agreement to Settle Ongoing Patent Battle