Apple loses processor patent lawsuit to University of Wisconsin and faces $862M in damages

CUPERTINO,CA- Apple Inc. (NASDAQ: AAPL) The tech giant has been accused of non-authorized use of processor technology that belongs to the University of Wisconsin-Madison, resulting to a US$892 million fine. Apple could be in serious trouble, after a US jury on Tuesday discovered that the company had been using technology owned by the University of … Read more