Current location:Global Gateway news portal > politics
Amazon ordered to pay $525million to tiny Chicago
Global Gateway news portal2024-05-21 21:29:54【politics】8People have gathered around
IntroductionAmazon has been ordered to pay a tiny Chicago-based tech company $525million in patent infringement
Amazon has been ordered to pay a tiny Chicago-based tech company $525million in patent infringement damages in a David vs Goliath cloud storage court fight.
Kove, which has around 20 employees vs Amazon Web Service's 136,000, claimed in 2018 court filings that the tech giant had used three of its patents as 'building blocks' for its hugely profitable cloud storage service.
Yesterday, a jury agreed and awarded the smaller company over half a billion dollars in damages.
Amazon has since vowed to appeal the ruling.
Amazon founder Jeff Bezos, the world's second richest man, with fiancée Lauren Sanchez at the White House on April 10
Kove, the Chicago-based company, operates out of an office in this Chicago warehouse
The jury determined that AWS infringed three Kove patents covering technology that Kove said had become 'essential' to the ability of Amazon's cloud-computing arm to 'store and retrieve massive amounts of data.'
Representatives for Amazon did not immediately respond to a request for comment on the verdict.
Kove CEO John Overton
Kove's lead attorney Courtland Reichman called the verdict 'a testament to the power of innovation and the importance of protecting IP rights for start-up companies against tech giants.'
Chicago-based Kove sued Amazon in the U.S. District Court for the Northern District of Illinois in 2018.
The company said in the lawsuit that it pioneered technology enabling high-performance cloud storage 'years before the advent of the cloud.'
Kove alleged that AWS' Amazon S3 storage service, DynamoDB database service and other products infringed the cloud-storage patents.
The jury agreed with Kove on Wednesday that AWS infringed all three Kove patents at issue, though it rejected Kove's contention that AWS violated its rights willfully.
AWS had denied the allegations and argued that the patents were invalid.
Amazon Web Services is one of the company's strongest sources of revenue, bringing in $88billion in 2023
Address of this article:http://vietnam.e-directivos.com/html-74a799920.html
Very good!(69)
Related articles
- The unstoppable duo of Emma Stone and Yorgos Lanthimos
- Harbaugh likes Chargers being in the fifth overall position going into the NFL draft
- Trump hush money trial: Jury selection follows familiar pattern with an unpredictable outcome
- Hoaxer who waged 6
- Ohio judge to rule Monday on whether the state’s abortion ban stands
- Kate Beckinsale sheds light on her recent health woes as she wears 'tummy troubles survivor' T
- Bengals likely to look for an offensive tackle and run
- Free agency left the Ravens with holes to fill as NFL draft nears, especially on the offensive line
- With Djokovic awaiting the winner, Murray trails Hanfmann at rain
- REVEALED: NBC 'plans to put heart
Popular articles
Recommended
Justin Timberlake set to bring his The Forget Tomorrow World Tour to Australia in 2025
UN OKs shipment of vaccine storage equipment to North Korea — Radio Free Asia
The Dolphins have a 1st
Average long
Sienna Miller's lookalike daughter Marlowe, 11, makes her first ever red carpet appearance
250,000 Afghan children need education, food and homes after returning from Pakistan, says NGO
As Kansas City Chiefs star Patrick Mahomes insists his 'dad bod' is 'great' for his NFL performance
As Kansas City Chiefs star Patrick Mahomes insists his 'dad bod' is 'great' for his NFL performance
Links
- Top 10 buzzwords in China in 2023
- Seeing purple: Fans get a new track color and maybe record
- Klauss, Bürki propel St. Louis City to 1
- China registers progress in crackdown on cultural relic crimes
- Dunhuang culture exhibition held in N China
- Ancient pottery, kilns and wells unearthed in north China ruins
- 81st World Science Fiction Convention kicks off in Chengdu
- InPics: People celebrate Laba Festival in Beijing
- Dunhuang elements shine at fashion week
- The Kings beat the Blazers 121