Amazon Dealt $525 Million Jury Verdict Over Cloud Tech Patents
Amazon.com Inc. must pay $525 million to software firm Kove IO Inc. for infringing three patents covering distributed cloud storage technology, an Illinois federal jury found Wednesday.
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Amazon.com Inc. must pay $525 million to software firm Kove IO Inc. for infringing three patents covering distributed cloud storage technology, an Illinois federal jury found Wednesday.
Wyoming-based web traffic optimization company Subspace, which shuttered in 2022, had "peered" with Amazon on its networks in an arrangement designed to benefit both companies, its lawsuit said. Subspace accused Amazon of violating antitrust law by ending the arrangement in a "calculated" move to drive the company out of business. It is seeking $417 million in damages.
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