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.
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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.
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