Tech Business Report: Vringo’s Markman Decision UPHELD, Dell & CISCO DON’T Love India

The favorable Markman ruling obtained by Vringo, Inc. (AMEX:VRNG) in June has been upheld for the most part by a United States district judge, according to Dow Jones. The decision is linked to a lawsuit filed by Vringo against Google Inc. (NASDAQ:GOOG), AOL Inc. (NYSE:AOL), and other Internet companies; the judge kept his definition of one of the technical terms that was discussed in the ruling, and “slightly tweaked” his definition of another one.

Don’t Miss:  Google Finds This Friend For Wallet.

The current business climate in India is the source of complaints from tech firms trying to operate there. Dell’s (NASDAQ:DELL) Asia Pac executive remarks that “Doing business in India is difficult because the problem is there are too many decision makers”, and John Chambers of Cisco Systems Inc. (NASDAQ:CSCO) used Wednesday’s earnings call to complain that “We continue to see India challenged largely self-inflicted by their own internal issues.” In general, multinationals note unclear investment rules, retroactive taxes, infrastructure problems, and much more, with mounting displeasure.

Don’t Miss: Apple: Amazon Is DRIVING DOJ’s E-Book Case. 

Want news like this in real-time so you can get an edge? Click here for Wall St. Cheat Sheet Pro.

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Premium Newsletters

Stock Investor Cheat Sheet

Stock Investor Cheat Sheet®

The ultimate Cheat Sheet for finding winning stock picks.
Learn More

Gold & Silver Newsletter

Gold & Silver

Don't miss one of the biggest bull markets in history! Covers Gold, Silver, Gold & Silver stocks, and miners.
Learn More

Commodities Premium Newsletter

Commodities Premium

There's always a bull market in some sector! Find the best opportunities in commodities.
Learn more

ETF Investing

ETF Investing

At last, a trading system that buys the right ETFs at the right time, time after time!
Learn more

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business