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First patent settlement payment by RIM to Nokia over $65M

12/28, 8:54am

Ongoing fees between $2 and $5 per handset expected in future

The first part of Research In Motion's settlement with Nokia has been paid, a week after the two companies agreed to end all of their outstanding patent battles. The one-off payment of 50 million euro ($65 million) by RIM will be followed by currently-unknown ongoing payments, as part of a patent licensing agreement between the mobile phone manufacturers.

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Facebook 'sponsored stories' settlement in jeopardy

08/02, 7:23pm

Judge questions award, demands more information

US District Judge Richard Seeborg said he has "significant concerns" about a proposed legal settlement with Facebook accusing the social media site of violating the rights of its members through the "sponsored stories" feature. Facebook is slated to pay $20 million to lawyers and charities as part of the settlement. In an effort to convince the judge that the package is a good value for the plaintiffs, Facebook attorneys claim that the settlement payout plus changes to privacy settings represent $123 million in value to the suing class and Facebook users.

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