Google, Apple Shares Rise After Judge Tosses Suit
Shares of Google and Apple edged higher in pre-market trading after a federal court judge dismissed a patent lawsuit against the tech giants brought by Microsoft co-founder Paul Allen.
U.S. District Court Judge Marsha Pechman in Seattle threw out Allen's patent infringement claims Friday. Pechman said Allen wasn't specific enough in identifying which products had violated his intellectual property rights.
Google shares were higher, while Apple also climbed.
Others targeted in the suit include Facebook, eBay , Yahoo , Netflix , AOL , Office Depot , OfficeMax , Staples and Google-owned YouTube.