• Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans

Subscribe to Updates

Get the latest finance news and updates directly to your inbox.

Top News

Americans Are Facing a Savings Crisis. Here’s What Keeps Them From Hitting Their Goals

December 8, 2025

The 300-Year-Old Tool That Runs Modern Day Trading

December 7, 2025

How to Stand Out When AI Makes Every Brand Sound the Same

December 7, 2025
Facebook Twitter Instagram
Trending
  • Americans Are Facing a Savings Crisis. Here’s What Keeps Them From Hitting Their Goals
  • The 300-Year-Old Tool That Runs Modern Day Trading
  • How to Stand Out When AI Makes Every Brand Sound the Same
  • Only Hours Left to Save Big on this AI-Powered Stock Picker That’s Perfect for Entrepreneurs
  • Entrepreneurs Can Slash Monthly Expenses With This Lifetime 8TB Cloud Storage Deal
  • 10 States That Generate the Most Money in Agricultural Sales
  • ChatGPT’s New Internet Browser Can Run 80% of a One-Person Business — Here’s How Solopreneurs Are Using It
  • Get a Lifetime of Microsoft Office 2024 for Just $150
Monday, December 8
Facebook Twitter Instagram
iSafeSpend
Subscribe For Alerts
  • Home
  • News
  • Personal Finance
    • Savings
    • Banking
    • Mortgage
    • Retirement
    • Taxes
    • Wealth
  • Make Money
  • Budgeting
  • Burrow
  • Investing
  • Credit Cards
  • Loans
iSafeSpend
Home » Caltech reaches ‘potential settlement’ in Apple, Broadcom patent case
Investing

Caltech reaches ‘potential settlement’ in Apple, Broadcom patent case

News RoomBy News RoomAugust 11, 20230 Views0
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Email Tumblr Telegram

© Reuters. FILE PHOTO: A smartphone with a displayed Broadcom logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

By Blake Brittain

(Reuters) – The California Institute of Technology has reached a “potential settlement” in a high-stakes patent infringement lawsuit against Apple (NASDAQ:) and Broadcom (NASDAQ:) over Wi-Fi chips, according to a Thursday filing in federal court.

Caltech previously won a verdict of more than $1.1 billion from Apple and Broadcom in the case that was later overturned.

The potential settlement was disclosed in a court document filed in U.S. District Court in Los Angeles without further details following a telephone conference. It was unclear if the agreement involved both Apple and Broadcom.

Representatives for Caltech, Apple and Broadcom did not immediately respond to requests for comment. The court ordered the parties to file a joint status report by Aug. 18.

Pasadena, California-based Caltech sued Apple and Broadcom in 2016, alleging that millions of iPhones, iPads, Apple Watches and other Apple devices using Broadcom chips infringed its wireless-communication patents. A jury ordered Apple to pay $837.8 million and Broadcom to pay $270.2 million in patent-infringement damages in 2020.

A U.S. appeals court overturned the award last year and ordered a new trial on damages, finding the amount was “legally unsupportable.” A trial that had been scheduled to begin in June 2023 was postponed indefinitely in May.

Caltech told a Texas federal court on Tuesday that it had settled a related lawsuit against Samsung (KS:). The university has also sued Microsoft (NASDAQ:), Dell and HP (NYSE:) over its Wi-Fi patents in cases that are pending.

Read the full article here

Featured
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Articles

Americans Are Facing a Savings Crisis. Here’s What Keeps Them From Hitting Their Goals

Burrow December 8, 2025

The 300-Year-Old Tool That Runs Modern Day Trading

Make Money December 7, 2025

How to Stand Out When AI Makes Every Brand Sound the Same

Investing December 7, 2025

Only Hours Left to Save Big on this AI-Powered Stock Picker That’s Perfect for Entrepreneurs

Make Money December 7, 2025

Entrepreneurs Can Slash Monthly Expenses With This Lifetime 8TB Cloud Storage Deal

Make Money December 7, 2025

10 States That Generate the Most Money in Agricultural Sales

Burrow December 7, 2025
Add A Comment

Leave A Reply Cancel Reply

Demo
Top News

The 300-Year-Old Tool That Runs Modern Day Trading

December 7, 20253 Views

How to Stand Out When AI Makes Every Brand Sound the Same

December 7, 20252 Views

Only Hours Left to Save Big on this AI-Powered Stock Picker That’s Perfect for Entrepreneurs

December 7, 20252 Views

Entrepreneurs Can Slash Monthly Expenses With This Lifetime 8TB Cloud Storage Deal

December 7, 20252 Views
Don't Miss

10 States That Generate the Most Money in Agricultural Sales

By News RoomDecember 7, 2025

McElroy Art / Shutterstock.comFrom the eggs on our breakfast plate to the ice cream we…

ChatGPT’s New Internet Browser Can Run 80% of a One-Person Business — Here’s How Solopreneurs Are Using It

December 6, 2025

Get a Lifetime of Microsoft Office 2024 for Just $150

December 6, 2025

Stop Wasting the End of the Year — 5 Steps to Get Ahead in 2026

December 6, 2025
About Us

Your number 1 source for the latest finance, making money, saving money and budgeting. follow us now to get the news that matters to you.

We're accepting new partnerships right now.

Email Us: [email protected]

Our Picks

Americans Are Facing a Savings Crisis. Here’s What Keeps Them From Hitting Their Goals

December 8, 2025

The 300-Year-Old Tool That Runs Modern Day Trading

December 7, 2025

How to Stand Out When AI Makes Every Brand Sound the Same

December 7, 2025
Most Popular

The 300-Year-Old Tool That Runs Modern Day Trading

December 7, 20253 Views

ChatGPT’s New Internet Browser Can Run 80% of a One-Person Business — Here’s How Solopreneurs Are Using It

December 6, 20253 Views

Get a Lifetime of Microsoft Office 2024 for Just $150

December 6, 20253 Views
Facebook Twitter Instagram Pinterest Dribbble
  • Privacy Policy
  • Terms of use
  • Press Release
  • Advertise
  • Contact
© 2025 iSafeSpend. All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.