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Judge voids VirnetX’s $625.6 million Apple verdict; VirnetX plunges

August 1, 2016 by · Leave a Comment 

A federal judge has thrown out a verdict requiring Apple Inc to pay VirnetX Holding Corp $625.6 million for infringing four patents relating to Internet security technology, causing VirnetX's share price to plunge. In a decision late Friday, U.S. District Judge Robert Schroeder in Tyler, Texas said it was unfair to Apple that two

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Judge voids VirnetX’s $625.6 million Apple verdict; VirnetX plunges

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U.S. crude breaks below $40/bbl as oil slumps 4 percent on glut worry

August 1, 2016 by · Leave a Comment 

NEW YORK (Reuters) – U.S. crude tumbled below $40 per barrel for the first time since April as oil prices fell nearly 4 percent on Monday on heightened worries of an oil glut after a survey suggested OPEC output reached record highs last month.

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U.S. crude breaks below $40/bbl as oil slumps 4 percent on glut worry

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Gawker Media founder to file for personal bankruptcy: source

August 1, 2016 by · Leave a Comment 

By Jessica DiNapoli (Reuters) – Gawker Media founder and CEO Nick Denton will file for personal bankruptcy protection as early as Monday after losing a fight in a Florida court for a shield against a judgment in a breach of privacy case involving professional wrestler Hulk Hogan, according to a…

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Gawker Media founder to file for personal bankruptcy: source