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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Alphabet Inc | NASDAQ:GOOG | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.26 | 1.15% | 199.33 | 198.50 | 199.35 | 198.4595 | 195.19 | 197.42 | 13,215,267 | 01:00:00 |
From Jan 2023 to Jan 2025
By Ben Glickman
Alphabet-owned Google will settle a patent infringement lawsuit related to the technology used in certain chips.
Google and Singular Computing, which alleged the infringements in a 2019 complaint, have entered a binding term sheet resolving the litigation, according to a court filing.
Singular alleged that Google used patented technology created by Singular founder Joseph Bates in its chips, which were used to run artificial intelligence-based programs.
The case was brought in the U.S. District Court for the District of Massachusetts.
The two parties will now have 30 days to reach a formal settlement agreement.
Write to Ben Glickman at ben.glickman@wsj.com
(END) Dow Jones Newswires
January 24, 2024 14:00 ET (19:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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