1. I-RATE

    Apple Wants More Samsung Damages

    Bebeto Matthews / AP Photo

    Apple has asked to be awarded an additional $535 million in its patent case against Samsung. Apple sued Samsung in April 2011, suggesting that the company had copied its smartphones, and a jury in August found that Samsung infringed six of Apple’s phone patents. At the time, Apple was awarded more than $1.05 billion against Samsung. But now Apple has requested an additional $135 million under the Patent Act and $400 million under the Lanham Act, compared with $268 million under both statutes. Apple has also requested a permanent injunction against sales of the infringing products.

    Read it at Bloomberg