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Lauren Castle
Verified
Correspondent, Bloomberg Law
Dallas
Beats
beauty, bitcoin, sports
Content
By Lauren Castle Verified, Kartikay Mehrotra Verified| Bloomberg Law Verified X Corp. owes VidStream LLC $105 million for infringing content creation and distribution systems through its social media platforms including X, formerly known as Twitter. A jury in the US District Court for the Northern District of Texas found Wednesday that X willfully infringed one claim of US Patent No. 8,464,304. However, the jury determined X didn’t infringe US Patent No. 8,601,506. VidStream alleged the X, Periscope and Vine apps infringed the patents.
By Lauren Castle Verified| Bloomberg Tax Verified Okta Inc. and Microsoft Corp. filed preemptive lawsuits against Biogy Inc. seeking declarations that their products didn’t infringe a patent for password protection systems. Cybersecurity firm Biogy sent multiple letters to Okta and Microsoft’s customers, including Albertsons Cos., alleging security products generating user verification codes infringed its patent, according to separate complaints filed Monday in the US District Court for the Northern District of California.
By Lauren Castle Verified, Kartikay Mehrotra Verified| Bloomberg Law Verified X Corp. owes VidStream LLC $105 million for infringing content creation and distribution systems through its social media platforms including X, formerly known as Twitter. A jury in the US District Court for the Northern District of Texas found Wednesday that X willfully infringed one claim of US Patent No. 8,464,304. However, the jury determined X didn’t infringe US Patent No. 8,601,506. VidStream alleged the X, Periscope and Vine apps infringed the patents.
Company Info
Bloomberg Law
Bloomberg Law is a legal research and workflow solutions platform under Bloomberg L.P. It provides AI-driven tools and data analytics tailored for legal professionals. The platform offers a comprehensive database for case law, statutes, and legal analysis, available through a fixed-price subscription model that allows unlimited access. The services include AI-powered contract solutions for drafting and analysis, as well as a legal project management platform called Dashboard Legal, which enhances task tracking and document management. Bloomberg Law also features specialized content inherited from the Bureau of National Affairs, including niche publications and real-time regulatory updates. By integrating legal research with Bloomberg's financial data ecosystem, the platform delivers predictive analytics and document automation, aiming to streamline workflows for law firms, corporate legal departments, and government agencies.
Arlington, Virginia, United States
+1 888-560-2529
Founded: 1981