Vringo is a little company that’s made a huge bet on suing Google over patents. Today that bet paid off, although to a much lesser degree than its investors hoped earlier. After a two-week trial in Virginia, a jury found that Google’s advertising system infringes two old Lycos patents purchased by Vringo in 2011, and that those patents are valid. Google and several of its advertising partners were ordered to pay a total of about $30 million. That’s a lot of money, but far less than the $493 million Vringo was seeking. According to a report just published in the Virginian-Pilot , the jury found that Google will have to pay $15.9 million. Its advertising partners must pay smaller amounts: $7.9 million in damages for AOL, $6.6 million for IAC Search & Media, $98,800 for Target, and $4,000 for Gannett. The jury also said Google should pay an ongoing royalty; but whether that ultimately sticks is up to the judge. The Vringo case is remarkable for two reasons: first, it’s rare to see a high-profile patent attack played out directly in the stock market, with investors speculating on each move in court. Second, demonstratives submitted in Vringo’s case show a fascinating story in pictures of how a company that’s more or less a “patent troll” tries to convince a jury to shower it with money. Some of those visuals are posted below. Read 11 remaining paragraphs | Comments
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Google infringes old Lycos patents, must pay $30 million
Nerval’s Lobster writes “Rumors have circulated for weeks that Microsoft intends to release a smartphone of its own design and manufacture, embracing the strategy that drove Apple’s iPhone to such enormous success over the past few years. While releasing a branded smartphone offers several potential benefits—look at the revenue and brand recognition Apple’s earned as a result of the iPhone—such a strategy also carries significant risks for Microsoft. First, it could alienate smartphone partners such as Nokia, which would find itself competing against a high-end device backed by Microsoft’s sizable marketing dollars. (Given the Finnish phone-maker’s already perilous situation, that could prove ruinous.) But a branded smartphone could also convince hardware manufacturers that Microsoft really is ‘all in’ on building its own devices, which could lead to all sorts of drama.” Read more of this story at Slashdot. 
