Verizon, Internet REIT settle cybersquatting suit
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Verizon Communications Inc said on  Friday it has settled its lawsuit against Internet REIT, a  seller of Internet domain addresses.
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(InfoWorld) - A federal court ruled on Tuesday that struggling VoIP provider Vonage infringed on patents owned by Sprint Nextel. Jurors in the U.S. District Court in Kansas found that Vonage willfully infringed on Sprint's patents as part of its VoIP service, Vonage said. The jury awarded Sprint $69.5 million in damages, which amounts to 5 percent of Vonage's revenue during the infringing period. Vonage plans to initially ask the court to set aside the verdict, but if that fails, the company will appeal the decision. In the meantime, Vonage will also develop workarounds that don't require Sprint's patents, it said. This is the second legal blow to Vonage this year. A court found earlier this year thatÂ Vonage infringed on Verizon patents. That case came with an injunction that would have prevented Vonage from signing up new customers.Â Vonage won a stay of that injunctionÂ and is appealing the original infringement ruling. Although it's clearly bad news for Vonage to have two patent infringement rulings against it this year, the appeals could change everything, said Seth Ostrow, a partner specializing in patents in Dreier LLP. "Often there are mistakes made during various stages of a case that form the basis for a successful appeal, and that, coupled with the statistics, gives reason to think that Vonage has a significant chance of getting this changed," he said. Statistics show that patent cases often get changed on appeal, he said. In August, Vonage said it had nearly completed rolling out workarounds for two of the three patents claimed by Verizon. Still, the Verizon case alone appears to have slowed growth for the company, the largest independent VoIP provider. In its second quarter this year, Vonage added 57,000 customer lines, compared with 256,000 in the same quarter in the previous year. Vonage has said that Verizon pursued the lawsuit in an effort to eliminate a competitor. Vonage stock opened the day at $1.99 and closed at $1.20, a 33 percent drop. This story was updated on September 25, 2007
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Verizon Communications and Vonage Holdings settled a patent-infringement lawsuit with Vonage agreeing to pay as much as $120 million.
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Time Warner pays to settle securities fraud charges. Also: The FCC says yes to wireless internet for airline passengers & hellip;.  Google wins trademark lawsuit against Geico & hellip;. and more.
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A patent infringement lawsuit filed by AT&amp;T against voice-over-IP telephony provider-Vonage has been settled, Vonage said late Friday.The settlement brings an unusually speedy end to&#160;the lawsuit filed by AT&amp;T on Oct. 17. It alleged Vonage wilfully infringed an AT&amp;T patent related to telephone systems that allow people to make VOIP (voice-over-Internet Protocol) calls using standard telephone devices. A breakdown in talks between the two companies over the issue led to the lawsuit, AT&amp;T said&#160;at the time.Less than a month later, on Nov. 7, the two companies said they had&#160;tentatively agreed to a settlement. At that time Vonage said it would pay AT&amp;T around $39 million under the terms of the settlement.Final terms were not disclosed on Friday when, in a brief statement, Vonage said the dispute had been settled.Vonage previously&#160;settled a patent suit with Verizon&#160;for $80 million to $120 million, depending on the results of its appeal of a court ruling on two patents, and with Sprint Nextel for $80 million. As part of the Sprint Nextel deal Vonage agreed to license more than 100 patents covering technology for connecting calls from a traditional phone network to an IP network. The Verizon settlement came after a court found Vonage had infringed upon the carrier&#39;s patents.&#160;
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Companies say they have "resolved" dispute over three voice over Internet protocol patents. Precise amount of settlement depends on whether appeals court agrees to review case.
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The agreement settles a California civil suit over its pursuit of private phone records to trace a news leak.
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Priceline.com, Travelocity and Cingular Wireless have agreed to change the way they advertise on the Internet in settlements announced by the office of the New York attorney general, Andrew M. Cuomo.
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Internet-based calling company Vonage Holdings  Corp  said it settled a patent dispute with Nortel.
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Verizon Communications Inc. has charged that Internet phone carrier Vonage Holdings Corp. violated patent rights that Verizon has on technology for making phone calls over the Internet.
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Shortly after being ordered to pay $58 million to Verizon in a patent suit, voice-over-the-internet phone service Vonage has now been ordered to pay $69.5 million to Sprint Nextel.
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LOS ANGELES (IFPI) - The company and operators behind the Puretunes.com website, an online service which formerly sold unauthorized unlimited music downloads, have agreed to an out-of-court settlement of a copyright infringement lawsuit brought last year
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AT&amp;T, the largest US long-distance telephone company, agreed Tuesday to pay $100 million to settle a lawsuit by shareholders who said the company lied about its financial health.
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Verizon Wireless and Nextel Communications, two of the country&#39;s biggest cellphone operators, said yesterday that they planned to drop their lawsuits against each other.
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The Internet phone provider now faces paying out hefty damages and a possible shutdown of its service.
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Engadget.com has resolved a dispute with the software giant over proprietary content.
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Dow Jones & Co Inc  has agreed to settle an investor lawsuit that accused the company's directors of failing to properly evaluate News Corp's  takeover bid, it said in a U.S. regulatory filing this week.