Pirates of Silicon Valley: Oracle awarded $1.3 billion in damages
November 26, 2010
Notsince Apple Computer, Inc. vs. Microsoft Corporation (1994) have we witnessed such wide implications in intellectual property law. In a resounding verdict that pushed Oracle shares up by 1.5 percent, the jury of the District Court of Oakland, California awarded the Oracle Corporation $1.3 billion (Rs. 5,921 crore) in damages as a result of copyright infringement by German competitor SAP AG reports, AM Law Daily.