In a ruling that could have wide-ranging consequeces for the entire competitive voice replacement market, a federal jury Thursday found Vonage guilty of infringing several patents held by Verizon, and awarded $58 million in past damages and imposed a 5.5 percent royalty fee on future Vonage operations.
According to analysis of the case by the telecom experts at Stifel, Nicolaus, the judge in the case may also impose an injunction stopping Vonage from selling services that infringe on the patents involved; the judge is scheduled to determine any injunctions in two weeks.
Verizon had sought $197 million in past damages in the lawsuit, which had claimed that Vonage violated five different patents related to Vonage’s Voice over IP services. The three patents that the jury found Vonage infringed included the patent that covers the VoIP interactivity with the PSTN, as well as ones covering calling features like call forwarding and mobility. According to Stifel, Nicolaus...
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Pando Reaches One Millionth InstallFrom: feeds.feedburner.com
Post Date: 2006-08-16 18:01:46
Pando , the startup that has created a drag-n-drop file-sharing application , says it’s hit the one millionth install mark, in just the three months since it launched into public beta. Pando has released a plug-in for Outlook and Yahoo Messenger , and founder Yaron Samid says several other major IM and email players have approached the company to create a plug-in or power file-sharing services.
Earlier today Google said its file-transfer feature for Google Talk is now publicly...
more Kiko On the BlockFrom: feeds.feedburner.com
Post Date: 2006-08-16 14:44:18
Web calendar Kiko has put its domain and code up for sale on eBay with a minimum bid of just under $50,000.
Web 2.0 is not all launch parties and magazine covers and bubbly! The online calendar space is one of the more crowded spots to be right now, and the two Kiko founders say they want to have the freedom to work on a new project.
The calendar (condition: used; shipping: free!) gets about 40,000 visitors per month, has natural language functionality, lots of AJAX, RSS fee...
more Cyworld Launches, Throws A Big BashFrom: feeds.feedburner.com
Post Date: 2006-08-16 14:00:35
GigaTeam stopped by Cyworld’s launch fiesta at San Francisco’s Fluid Ultra Lounge last night and mingled with the Cyworld crew, relaxing after their debut.
A lot of high-level execs from Korea were wandering the floor, from both SK Telecom and Cyworld division, along with Cyworld U.S. consultants like Marc Canter. Since parent company SK Telecom has a lot of funds behind it, they can afford to throw a pretty decent party.
An interactive map across one wall proved Cy...
more YouTube Hunting Music VideosFrom: feeds.feedburner.com
Post Date: 2006-08-16 11:44:31
YouTube is working to build a library of every music video ever created, according to Reuters . The content, which YouTube co-founder and CTO Steve Chen said he hopes to acquire in the next six to 18 months, would be offered for free.
This being YouTube, any talk of a business model was obfuscated. But surprisingly, two major labels–Warner and EMI–went on record saying they were working with YouTube on the project.
“We’re obviously interested in legitimate use ...
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