BTC $83,175.24 -1.43%
ETH $2,672.69 -0.10%
BNB $759.60 -2.12%
XRP $1.48 -1.70%
SOL $117.50 -3.21%
TRX $0.3356 +0.71%
DOGE $0.0927 -3.25%
ADA $0.2435 -3.84%
BCH $306.98 -7.20%
LINK $15.06 +8.21%
HYPE $86.77 -4.84%
AAVE $145.71 -4.95%
SUI $1.13 -8.57%
XLM $0.2248 +4.80%
ZEC $1,457.07 -8.13%
AAPL $338.59 -0.39%
AMZN $246.58 -1.11%
GOOGL $342.59 -0.32%
MSFT $510.50 -1.22%
META $718.05 -4.03%
NVDA $229.43 +2.23%
TSLA $358.37 -3.96%
SNDK $1,714.92 -3.38%
INTC $116.23 -5.89%
SPCX $145.99 -2.33%
MU $1,055.64 -3.07%
AMD $609.16 -3.35%
BTC $83,175.24 -1.43%
ETH $2,672.69 -0.10%
BNB $759.60 -2.12%
XRP $1.48 -1.70%
SOL $117.50 -3.21%
TRX $0.3356 +0.71%
DOGE $0.0927 -3.25%
ADA $0.2435 -3.84%
BCH $306.98 -7.20%
LINK $15.06 +8.21%
HYPE $86.77 -4.84%
AAVE $145.71 -4.95%
SUI $1.13 -8.57%
XLM $0.2248 +4.80%
ZEC $1,457.07 -8.13%
AAPL $338.59 -0.39%
AMZN $246.58 -1.11%
GOOGL $342.59 -0.32%
MSFT $510.50 -1.22%
META $718.05 -4.03%
NVDA $229.43 +2.23%
TSLA $358.37 -3.96%
SNDK $1,714.92 -3.38%
INTC $116.23 -5.89%
SPCX $145.99 -2.33%
MU $1,055.64 -3.07%
AMD $609.16 -3.35%

dollar

All
Article
Flash

first_img Patent company Taction won the lawsuit, and Apple was ordered to pay 5.7 billion dollars

A federal jury in San Diego, USA, ruled on Friday that Apple must pay over $5.7 billion in damages for using patented technology from the haptic patent company Taction Technology, according to Caixin. This is the highest patent compensation amount in U.S. history. Taction sued Apple in 2021, claiming that its sales of devices infringing on touch technology improperly utilized related innovations; the case was dismissed in 2023 but was later reinstated by the Federal Circuit Court of Appeals.Apple issued a statement strongly opposing the verdict and the amount of damages, stating that the ruling lacks factual basis. Apple stated that its haptic engine is fundamentally different from Taction's technology, and tests conducted during the trial confirmed this, asserting that it did not use Taction's technology and would appeal. Taction's chief attorney, Lance Yang, thanked the jury and mentioned that the company waited five and a half years for the case to go to trial.The core of the lawsuit revolves around two vibration-based haptic sensor technologies designed to allow users to perceive the device's response to input. Taction claims that Apple’s haptic engine in the Apple Watch and iPhone used its inventions without authorization. Apple's haptic engine was launched in 2014 with the Apple Watch and was used in the iPhone 6s and iPhone 6s Plus the following year, replacing the older vibration motors. Since Apple insists on appealing, the amount of damages will need to be determined first by the presiding judge before entering the appeals process for final confirmation.

first_img Jeff Booth stated that the $1 million Bitcoin target is too small and believes that the dollar-denominated system is manipulated

Writer and author of "The Price of Tomorrow," Jeff Booth, stated in a video interview with Bitcoin Magazine that the price target of $1 million for Bitcoin is "thinking too small." He believes that pricing Bitcoin in a constantly depreciating fiat currency is equivalent to valuing it within a system manipulated by currency devaluation, making such a target invalid. In his view, Bitcoin is not just a token or an asset, but the beginning of a decentralized, secure, and privacy-focused protocol stack, which will ultimately resemble the internet, and it is also the first true free market in human history.In the interview, Booth also discussed AI valuation and technological deflation. He believes that a free market will drive the prices of AI services toward zero, and this deflationary force brought by AI will conflict with a monetary system built on debt. He mentioned the United States' debt of up to $40 trillion, bond yields, and a financial system that is approximately $350 trillion in size and essentially insolvent, linking AI singularity theory, market fear, and monopolistic regulation.In the longer-term section, Booth talked about the adoption timeline of Bitcoin and emphasized that Bitcoin is not just an asset. He also discussed the global expansion of Bitcoin payments and the circular economy, as well as ideas such as private equity supported by Bitcoin and permanently held enterprises, outlining a deflationary future priced in Bitcoin.
app_icon
ChainCatcher Building the Web3 world with innovations.