Infringing

Two NFT Artists Ordered to Pay $9 Million to Yuga Labs for Infringing BAYC Designs, Turmoil to Continue

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Two NFT artists, Ryder Ripps and Jeremy Cahen, have been ordered by a US court to shell out $9 million (roughly Rs. 74 crore) from their pockets and pay the sum to Yuga Labs, the creator of Bored Apes Yacht Club (BAYC) NFTs. The two parties have been embroiled in an intense legal battle since … Read more

Samsung Ordered to Pay $118 Million for Infringing Netlist Patents

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A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products. The verdict follows a $303 million verdict against Samsung for Irvine, California-based Netlist in a related case last year. Netlist also … Read more