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Google ordered to pay $339mln in damages following Chromecast ruling

A US federal jury in Waco, Texas, has ruled that Google, a subsidiary of Alphabet (NASDAQ:GOOGL), infringed on the patent…

By financial2020myday , in Stock Markets , at July 25, 2023

A US federal jury in Waco, Texas, has ruled that Google, a subsidiary of Alphabet (NASDAQ:GOOGL), infringed on the patent rights of software developer Touchstream Technologies.

The search giant has been ordered to pay $338.7mln in damages.

This decision is tied to Google’s use of remote-streaming technology, specifically Google’s Chromecast and other similar devices, which the jury concluded violated Touchstream patents connected to video streaming across devices.

Despite the ruling, Google maintains its innocence and plans to appeal.

Google’s spokesperson, Jose Castaneda, told the Reuters news agency that the company had developed its technology independently.

Touchstream, meanwhile, has welcomed the verdict.

The New York-based group argued that its technology, invented in 2010, was copied by Google for its Chromecast devices, launched in 2013.

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