Current location:world >>
Amazon ordered to pay $525million to tiny Chicago
world58People have gathered around
IntroductionAmazon has been ordered to pay a tiny Chicago-based tech company $525million in patent infringement ...
Amazon has been ordered to pay a tiny Chicago-based tech company $525million in patent infringement damages in a David vs Goliath cloud storage court fight.
Kove, which has around 20 employees vs Amazon Web Service's 136,000, claimed in 2018 court filings that the tech giant had used three of its patents as 'building blocks' for its hugely profitable cloud storage service.
Yesterday, a jury agreed and awarded the smaller company over half a billion dollars in damages.
Amazon has since vowed to appeal the ruling.
Amazon founder Jeff Bezos, the world's second richest man, with fiancée Lauren Sanchez at the White House on April 10
Kove, the Chicago-based company, operates out of an office in this Chicago warehouse
The jury determined that AWS infringed three Kove patents covering technology that Kove said had become 'essential' to the ability of Amazon's cloud-computing arm to 'store and retrieve massive amounts of data.'
Representatives for Amazon did not immediately respond to a request for comment on the verdict.
Kove CEO John Overton
Kove's lead attorney Courtland Reichman called the verdict 'a testament to the power of innovation and the importance of protecting IP rights for start-up companies against tech giants.'
Chicago-based Kove sued Amazon in the U.S. District Court for the Northern District of Illinois in 2018.
The company said in the lawsuit that it pioneered technology enabling high-performance cloud storage 'years before the advent of the cloud.'
Kove alleged that AWS' Amazon S3 storage service, DynamoDB database service and other products infringed the cloud-storage patents.
The jury agreed with Kove on Wednesday that AWS infringed all three Kove patents at issue, though it rejected Kove's contention that AWS violated its rights willfully.
AWS had denied the allegations and argued that the patents were invalid.
Amazon Web Services is one of the company's strongest sources of revenue, bringing in $88billion in 2023
Tags:
Reprint:Friends are welcome to share on the Internet, but please indicate the source of the article when reprinting it.“Stellar Station news portal”。http://kenya.downmusic.org/news-30f599968.html
Related articles
Pentagon vows to keep weapons moving to Ukraine as Kyiv faces a renewed assault by Russia
worldWASHINGTON (AP) — Defense Secretary Lloyd Austin committed Monday to keeping U.S. weapons moving to ...
【world】
Read moreEuropean satellite falls out of orbit, breaks over Pacific
worldCAPE CANAVERAL, Fla. (AP) — An old Earth-observing satellite fell out of orbit Wednesday and harmles ...
【world】
Read moreTips for college students and parents ahead of tax deadline
worldNEW YORK (AP) — There are lots of things college students and their parents should keep in mind befo ...
【world】
Read more
Popular articles
- Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
- Solar eclipse sweeps across North America. The moment of totality, in photos
- Big banks warn of uncertain year ahead after mixed financial performances in the first quarter
- JPMorgan Chase, Advanced Micro Devices fall; Progressive, State Street rise, 4/12/2024
- What a blast to work at NASA. Space agency is sky
- If you're retired or about to retire, think carefully about your tax strategy
Latest articles
Elon Musk gets approval from FDA to implant his Neuralink brain chip into a second patient
Tiny, endangered fish hinders California's Colorado River conservation plan
Odysseus moon lander sends new images in its last hours
Moon landing attempt: Private US spacecraft enters orbit
I was 'brokefished' by my friend for £400
A warming island's mice are breeding out of control and eating seabirds
LINKS
- Spring festival earnings give film market shot in the arm
- Traditional Double Sixth Festival celebrated in SW China's Guizhou
- Xi Says China, U.S. Sister Cities Cooperation Fruitful
- Nation urged to make greater use of geothermal energy
- New bright spots shine in pressured trade scene
- China's securities regulator tightens delisting regulation
- China to keep track of EU actions against Chinese businesses
- Vessels made in Fujian take semisubmersible ride to boost BRI ties
- Guizhou gears up in computing
- Appliance upgrades to provide big stimulus