A jury in Illinois said Amazon (NASDAQ:AMZN) Web Services infringed on three data storage patents of local tech company Kove, and owes $525M in damages for the violation, Reuters reported. The ...

Amazon Web Services owes $525 million for patent breach, US Jury reportedly says. Kove alleges infringement on crucial cloud-storage patents. Up Next: Get 5 Dark Horse Stocks Wall Street Is Quietly ...

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“In massive, high-stakes litigation, it’s really, really difficult to try cases [against] somebody like Amazon who’s got, for all intents and purposes, unlimited resources,” said the plaintiff’s ...

An Illinois federal jury said on Wednesday that Amazon Web Services (AMZN) infringed on multiple patents invented by local tech company Kove, resulting in a payment of $525M for the violation. Kove is ...