article thumbnail

VirnetX Takes $503M Bite Out Of Apple For Patent Infringement

PYMNTS

Initially, Nevada-based VirnetX was asking for about $700 million in royalties. national security.”. "On The original lawsuit , filed Aug. 11, 2010, alleged that Apple’s FaceTime and VPN On Demand features were using its patented technology. Apple, however, was looking to pay no more than $113 million, the report stated.

Apple 226
article thumbnail

NAR: High Prices Stifle October Home Sales

PYMNTS

The National Association of Realtors (NAR) said that its Pending Home Sales Index (PHSI) is down for the second consecutive month, dropping 1.1 percent after months of steady gains. . Work-from-home flexibility has also increased the demand for both primary and secondary homes.". NAR represents over 1.4

Las Vegas 160
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bitcoin Daily: Argentina's Crypto Exchanges See Record Growth In 2020; JD.com Sees 20,000 Digital Yuan Transactions In 24 Hours

PYMNTS

Suzhou, located in East China's Jiangsu Province, is at the frontlines for China's push to enact a national digital currency. The expansion includes 10 new states: Georgia, Hawaii, Nevada, New Mexico, Ohio, Oregon, Maryland, West Virginia, Delaware and Rhode Island, according to the release. on Friday (Dec.

article thumbnail

FanDuel Suffers $5M Loss In NJ On Inaugural Legal Super Bowl Wagers

PYMNTS

The game was also the lowest scoring in the history of the National Football League. Supreme Court ruled that sports betting could happen outside of Nevada, and a trove of companies — including casinos, sports teams and online outfits — rushed to take advantage of the new rules. Very big in fact.”. Last year, the U.S.

NJ 134
article thumbnail

Amazon Wants Employees To Transfer To Grocery Work Due To Demand Increase

PYMNTS

In a message to its workers in the states of Maryland, California, Nevada and Tennessee, Amazon said Prime Now in particular had seen a sharp jump in the number of orders placed as of late and thus new opportunities for work were now available. Its services are available in 2,000 cities across the nation and are free for Prime users.

Nevada 185
article thumbnail

Apple To Shutter 30 More US Stores Again Amid Pandemic

PYMNTS

As instances of the coronavirus quickly increase in a number of regions across the nation, Apple plans to shutter 30 more stores in the United States on Thursday (July 2) at the latest. The tech company, which has 271 retail shops in the United States, has recently closed 47 stores again, CNBC reported.

Apple 131
article thumbnail

Apple To Reopen Approximately 100 US Retail Locations

PYMNTS

Apple will reportedly open stores again this week in Georgia, Florida, Texas, Utah, Arizona, Nevada and Missouri, among other states. term trends, and guidance from national and local health officials.”. We look at every available piece of data — including local cases, near and long?term

Apple 142