Current location:business >>
Amazon ordered to pay $525million to tiny Chicago
business4People 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.“Worldly Whispers news portal”。http://guinea-bissau.e-directivos.com/article-29a899970.html
Related articles
Insider Q&A: CIA's chief technologist's cautious embrace of generative AI
businessKnowledge advantage can save lives, win wars and avert disaster. At the Central Intelligence Agency, ...
【business】
Read moreDPRK top leader attends special concert by Chinese traditional orchestra
businessSEOUL, April 14 (Xinhua) -- Kim Jong Un, general secretary of the Workers' Party of Korea and presid ...
【business】
Read more30 killed in rain
businessThis photo taken with a mobile phone on April 14, 2024 shows a damaged wall of a building after heav ...
【business】
Read more
Popular articles
- Kevin Pillar gets 1,000th career hit in Angels' win at Texas
- France guarantees right of abortion
- Sierra Leonean president's China visit to enhance cooperation, friendship
- GBA integration a focus of attention at CPPCC
- Sale continues dominant run as Braves beat Padres 3
- Xi's theory offers path to innovation
Latest articles
Tamara Ecclestone is criticised as her daughter Fifi, 10, heads out wearing heavy make
Chinese whole
Xi replies to letter from counter
Chinese Embassy deplores Romania's rejection of Huawei's 5G equipment authorization
Who is Jacob Zuma, the former South African president disqualified from next week's election?
Media center ready for influx of international reporters
LINKS
- China Focus: China's Population Continues to Grow in 2021
- Feature: Beijing Normal University Pioneers Integrating Sports, Education
- China Focus: China to Deliver Improved Community Services to Both Urban, Rural Dwellers
- Salary Climbing for Returning Graduates
- Farmers Across Guizhou Busy with Spring Agricultural Production
- In Pics: Closing Ceremony of Beijing 2022 Olympic Winter Games
- In Pics: China's Gu Ailing Takes Silver of Women's Freeski Slopestyle at Beijing 2022
- Tibet Helps over 690,000 Farmers, Herders Find Jobs in 2021
- Feature: Beijing Normal University Pioneers Integrating Sports, Education
- Kids Enjoy 'Winter Games' for New Semester