Stocks
Apple Ordered to Pay $5.7 Billion Over iPhone Vibration Tech
Apple has lost a $5.7 billion patent case over the vibration technology in millions of iPhones and Apple Watches.
A federal jury in San Diego found that Apple infringed on two tactile feedback patents owned by Taction Technology.
The controversy involves hardware used to generate physical feedback upon touch, which is part of the iPhone's user experience.
Apple's stock could be impacted as a result of this judgment, potentially affecting tech-sector liquidity and creating short-term contagion risk for crypto markets.