|Day's Range||12.85 - 12.95|
Macquarie U.S. Lifestyle & Payments Analyst Paul Golding breaks down Apple’s decision to break into the buy now, pay later industry and details the regulatory implications of tech companies venturing into credit and BNPL services.
The tech sector's current boom feels like 2021, but there's a ton of differences between then and now.
Apple Inc on Friday convinced a U.S. appeals court to throw out a $502 million verdict for patent licensing company VirnetX Inc in a long-running fight over internet privacy technology. The U.S. Court of Appeals for the Federal Circuit said the verdict could not stand after the U.S. Patent Trial and Appeal Board canceled the virtual private network (VPN) patents VirnetX accused Apple of infringing. The ruling follows the Federal Circuit's Thursday decision to affirm a U.S. Patent and Trademark Office tribunal's finding that the patents were invalid.