You can now submit claims for your piece of a $310 million settlement reached between a dozen different Dynamic Random Access Memory (DRAM) makers in a federal class-action lawsuit accusing the companies of price fixing shenanigans. That may be putting it lightly -- in court documents, the Department of Justice (DoJ) called it "one of the largest cartels ever discovered."
Google has reached a settlement with the European Union that effectively ends an antitrust investigation that had been ongoing for more than three years. Under terms of the deal, Google agreed to alter the search results shown in Europe so that competitor's webpages are "clearly visible" when users look up specialized services such as lodging and restaurants. Going forward, European users will see services of three rivals in the same way that Google shows its own services.
One customer’s burnt phone turns into a PR disaster
YouTuber ghostlyrich was appropriately alarmed when his SamsungGalaxy S4 caught fire after he started charging the phone. He uploaded a video of the damage to YouTube to prove to Samsung that the phone was defective. The three-minute video shows off a partially melted micro-USB cable and a burned charging port. Gadgets malfunction all the time, but Samsung's response is more than a little disheartening.
The Apple vs. Samsung saga has been unfolding at a rapid pace over the last few weeks, and several new developments about what went on behind the scenes is starting to emerge. According to court fillings, Apple considered Samsung a “strategic partner”, and offered them the option to license key patents in order to restore peace between the two companies. “Samsung chose to embrace and imitate Apple’s iPhone archetype,” Apple said in an Oct. 5, 2010 presentation to Samsung. “Apple would have preferred that Samsung request a license to do this in advance. Because Samsung is a strategic supplier to Apple, we are prepared to offer a royalty-bearing license for this category of device.”
PokerStars, the largest Internet poker site on the planet, has agreed to acquire former competitor Full Tilt Poker and fork over $184 million in owed money to overseas poker players in order to settle civil charges brought on by the U.S. Department of Justice (DOJ), which accused the site of sidestepping U.S. regulations related to online gambling and money laundering. As part of the settlement, PokerStars will also forfeit $547 million to the U.S. government.
AU Optronics Corp., LG Display, and Toshiba Corp. have all three agreed to pay a combined $571 million in damages to settle a class-action lawsuit alleging the three were involved in a scheme to artificially drive up the price of liquid crystal display (LCD) panels. That's on top of over $550 million collected from seven other manufacturers earlier in the year, which tallies up to over $1.1 billion in class-action penalties.
A class action lawsuit has put the onus on GameStop, not videogame publishers, to warn buyers of used games that they will be unable to access certain downloadable content (DLC) and online features unless they pony up an additional $15 for an online pass. GameStop could have fought against the measure, but opted for a settlement that requires the world's largest games retailer to post warning signs on shelves where used games are sold in California stores, as well as online, for the next two years.
Intel, the world's largest chip maker, has agreed to cut a check for $6.5 million to make an antitrust lawsuit disappear. Or maybe the Santa Clara company will simply dip into its petty cash. Either way, Intel can put the New York state antitrust lawsuit behind it and get back to concentrating on building and selling processors, presumably without running afoul of any laws.
Rambus, a memory technology licensing company, announced today it has signed a patent license agreement with GPU maker Nvidia that will be valid for the next years. As part of the five-year deal, the two sides agreed to settle all outstanding claims against each other, ending what had become a bitter and stretched out legal dispute over various patent innovations.
Hewlett-Packard has agreed to pay a civil penalty of $425,000 to settle allegations that it knowingly failed to report to the U.S. Consumer Product Safety Commission (CPSC) that certain lithium-ion battery packs contained a defect or otherwise created an unreasonable risk or serious injury or death, the CPSC announced this week. The battery packs in question are prone to overheating and pose a fire and burn hazard.