Texas oilman Oscar Wyatt pleaded guilty Monday to conspiracy to commit wire fraud, one of five counts against him for his role in the U.N. oil-for-food scandal.
A U.S. federal court jury found that Vonage infringed on six Sprint Nextel patents, according to Sprint spokesman Matt Sullivan.
The cancer drug Erbitux unexpectedly extended survival in a trial of patients with advanced lung cancer, sending shares of its maker, ImClone Systems, soaring as much as 24 percent.
Millions of inventions pass quietly through the U.S. patent office each year. Patent No. 7,033,406 did, too, until energy insiders spotted six words in the filing that sounded like a death knell for the internal combustion engine.
A state judge in Michigan has sided with Wal-Mart Stores and dismissed a lawsuit by former marketing executive Julie Roehm over her firing, saying the case should be filed in Arkansas.
Qualcomm, hoping to rebound from a string of legal setbacks, urged a federal judge Tuesday to reject a competitor's request to stop it from selling cell phone chips that infringe on patents.
An amorous entrepreneur who created a "virtual bed" featured in Second Life, a Web site in which users can build their own Internet lives, is suing an unknown user for allegedly "stealing" the bed for his or her own virtual sexual fantasies. The lawsuit for copyright infringement is "inappropriate and unfair," said Andrew Langsam, an intellectual property lawyer at Pryor Cashman. He joined "Power Lunch" to talk about the nature of cyber-play.
Ariad Pharmaceuticals said a U.S. federal court ruled in favor of it and co-complainants in a patent infringement case against Eli Lilly, saying that the patent was valid and enforceable.
We can’t all be experts at everything, which is why we have people who are experts at something. Having said that, I’ll let you in on one of my little secrets -- how to tell when a pharmaceutical story has significance. ... Also: a seemingly innocuous headline -- about Expedia -- has plenty of hidden meaning.
The U.S. International Trade Commission ordered a ban on Thursday of some imported cell phone models containing Qualcomm chips that infringe on a Broadcom patent.
Bristol-Myers Squibb has agreed to pay a $1 million criminal fine for lying to the federal government about a patent deal involving its Plavix blood thinner, the Justice Department said.
The U.S. International Trade Commission said it extended by 13 days a deadline to decide what remedies, if any, to impose in a patent infringement complaint brought by Broadcom against rival Qualcomm.
The U.S. Supreme Court said it would not hear an appeal by drug maker Amgen that centers on how much leeway appeals courts should have in overruling the findings of lower courts in patent cases.
Many reporters and columnists over the last couple of days have opined that baseball teams will not hesitate to do anything in their clubhouses about beer and we’ve seen that as more teams over the past couple days have decided to rid free beer from the locker rooms.Then they tell you that nothing will likely happen in the stands because beer is a huge profit maker for the teams and beer companies spend so much money on baseball that there’s a lot of politics behind doing anything more than the symbolic gesture of keeping alcohol out of the locker rooms.
The Supreme Court sided with Microsoft in a case that restricts the reach of U.S. patents overseas. The decision could impact other lawsuits against Microsoft and save the company billions because of the global scope of its operations.
If you went to bed and woke up this morning thinking the world was quiet and that today was going to be a light day at the office, you may want to call in, instead of relying on your BlackBerry. Research in Motion confirms a massive, system wide blackout affecting all its 8 million subscribers that began around 8 p.m. ET Tuesday, and while service is being restored, it is still sporadic and may take much of the day to get back on line completely.
nternet phone service provider Vonage Holdings, which was found to have infringed on three patents owned by Verizon Communications by a U.S. court, said its legal woes could lead to bankruptcy, according to a regulatory filing.
Whose story is it, anyway? By now, you may have been able to fathom that the primary function of the Breaking News Desk is to deal with -- yes, you guessed it -- breaking news. I once had a calculus teacher who, when he thought he’d made some complicated concept crystal-clear, would say, “So, the question becomes, what color is the little red schoolhouse?” Unlike the world of higher mathematics, the little schoolhouse isn’t always red at CNBC, and the Breaking News Desk doesn’t always deal with “oh-my-gosh-get-it-on-NOW!” types of stories...
A U.S. federal appeals court on Tuesday set April 24 for hearing oral arguments on Vonage Holdings' request for a stay while it appeals a finding it infringed Verizon Communications patents.
Hewlett-Packard sued computer maker Acer on Tuesday accusing the company of illegally using patented HP technology in a variety of desktops, laptops and displays sold in the U.S.