Since 2010, Apple has been in a patent fight with Internet security software company VirnetX. Apple has been targeted by this twice over the last several years. VirnetX is based in Zephyr Cove, Nevada, and it filed its suit in patent troll-friendly East Texas, a district where patent holders have had a higher chance of success in intellectual property cases until the Supreme Court cracked down on the practice previous year. It isn't the first time a ruling in the case has gone against Apple.
US Federal budget deficit projected to top $1T in 2020
CBO now estimates the 2018 deficit will be $242 billion higher than it had estimated last June, before the tax cuts. The deficit settled below $500 million for part of Obama's second term but has steadily risen since then.
VirnetX's stock skyrocketed by 44 percent on Tuesday after the jury concluded Apple was violating its patents. The case seemed to have been filed again in 2012 and was won by the patent troll, after which Apple had to pay almost United States dollars 368 million. Apple emerged victorious over Samsung after it took the South Korean consumer tech giant to court for stealing its designs and technologies, but the company got a taste of its own medicine this week.
For now, Apple's lawyers aren't commenting and VirnetX is celebrating a victory. Later on, the company was ordered by the district court to pay more than Dollars 400 million as damages to the patent-holding company VirnetX for copyright violations. In 2016, the US Patent and Trademark Office's Patent Trial and Appeal Board (PTAB) invalidated four VirnetX patents in a related case, two of which were leveraged in the case decided this week.