Tech Business Review: Apple DISMAYED By UK Judge, Rovi RECOVERS
Here are Thursday’s top stories:
British Judge Colin Birss continues to confound certain tech giants, as he has ordered that Apple (NASDAQ:AAPL) place a notice on its Web site for six months and also in United Kingdom newspapers, that say that Samsung (SSNLF.PK) did not copy the design of the iPad. Birss is the same judge who said last week that Samsung could not have copied the device, since its own tablet is “not as cool” as the iPad.
Don’t Miss: Apple Has MAJOR UPSET in Samsung Battle.
Rovi Corporation (NASDAQ:ROVI) is getting some of its losses from Wednesday back on Thursday, on word of a licensing agreement with Panasonic, which results will cover the use of Rovi’s Divx Plus Streaming tech in Panasonic’s HDTV and Blu-ray processors. Divx Plus’ goal is to produce a Blu-ray-like feature set for online streaming.
Verizon Communications (NYSE:VZ) announces that there will be no discussion of a dividend payment for Vodafone Group (NASDAQ:VOD) at next week’s board meeting, although a decision is mandated by the end of 2012. Vodafone received a $4.5 billion special dividend in 2011, linked to its 45 percent investment in Verizon Wireless. The announcement follows Verizon Wireless getting high praises for its impressive second quarter performance.
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