Sunday, November 18, 2012

VRNG

VRNG recently won a lawsuit against google.  They were awarded $30M in damages and will receive royalties until 2016.  We are awaiting to see what the royalty rate will be.  Also it seems like the jury made a mistake with the damage amount for google. It ended up being $15M but other people are suspecting that it should have been $150M.  The final verdict has not been entered in by the judge.

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