Current location:opinions >>
Amazon ordered to pay $525million to tiny Chicago
opinions69437People 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.“International Insight news portal”。http://saudiarabia.shellye-mcdaniel.com/article-74e099920.html
Related articles
Sports betting roundup: Xander Schauffele's final putt pays off for bettors
opinionsXander Schauffele entered the PGA Championship with +1400 odds to win at BetMGM Sportsbook.That turn ...
【opinions】
Read morePerez homers as KC beats Blue Jays 2
opinionsKANSAS CITY, Mo. (AP) — Royals manager Matt Quatraro was frustrated that his team was left hanging i ...
【opinions】
Read moreService planned for former North Carolina Chief Judge John Martin
opinionsRALEIGH, N.C. (AP) — A memorial service will be held Friday for former North Carolina Court of Appea ...
【opinions】
Read more
Popular articles
- Investigators return to Long Island home of Gilgo Beach serial killing suspect
- MI5 plans to vet academics in British universities to root out foreign spies infiltrating campuses
- From flop to one
- Biden, 81, is blasted by CNN for repeating lie that he used to drive an 18
- Jerry Seinfeld's stand
- Labour must match the Tories on defence spending, former Army chief warns Keir Starmer
Latest articles
Germany's foreign minister visits Kyiv as Ukraine battles to hold off a Russian offensive
Elias Díaz gets key hit as the Rockies rally for a wild 10
Supreme Court on Donald Trump's immunity claims: Key moments, explained
Perez homers as KC beats Blue Jays 2
Lynn Williams breaks NWSL goal
Some Nikki Haley voters are hanging on to her candidacy and, like her, refuse to endorse Trump
LINKS
- Suspect in London sword attack appears in court on murder charge in death of teenage boy
- Beijing speeds up to build international tech innovation hub
- It would take until 2040 to repair all homes destroyed so far in Gaza, UN report says
- Roads, trains and planes to be crowded during holiday
- Japan's Kishida unveils a framework for global regulation of generative AI
- A man is charged with causing a car crash that killed an on
- Flights to Dubai disrupted as rain hits the UAE 2 weeks after its heaviest recorded rainfall ever
- Domestic theme parks see surging visits during Spring Festival
- Coach sees challenges for women's basketball team at Paris 2024
- Dallas' Noltemy is named Los Angeles Philharmonic president