Tech Business Review: Samsung LOSES In German Court, Google Reaches ACCORD In The EU
Here are Tuesday’s top stories:
Unlike its counterpart in the U.K., a German court has issued an European-wide ban on Samsung’s (SSNLF.PK) Galaxy Tab 7.7 for resembling the iPad, but at the same time it refused to do the same for the 10.1N. Somewhat separately, Apple (NASDAQ:AAPL) is seeking $2.5 billion in damages for Samsung’s use of its IP, plus future royalties of $31.14 per unit to license its design IP along with 3 software patents.
Research In Motion’s (NASDAQ:RIMM) PlayBook tablet in a 4 gigabyte LTE version will finally arrive on July 31st, according to MobileSyrup. The product will reportedly feature a dual-core 1.5 gigahertz processor, dual cameras, and 32 gigabytes of storage, for $550.
Google Inc. (NASDAQ:GOOG) and the European Commission are said to have reached a settlement outline of the latter’s antitrust inquiry. The rumored arrangement will likely follow new concessions from Google which extend the proposed PC search remedies to mobile devices along with other platforms. However, Google’s stateside struggles with the Federal Trade Commission do not seem close to being resolved.
Shares of the mortgage and real estate information provider CoreLogic, Inc. (NYSE:CLGX) shatter their 52-week high after the firm once again exceeded expectations for its second quarter results, helped along by a 28.5 percent rise in revenue from its mortgage origination services division, driven mostly by increased demand for credit and tax services.
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