Wall St Engine(@wallstengine):$AAPL HIT WITH RECORD $5.7B PATENT VERDICT A federal jury found Apple’s Taptic Engine, used for haptic feedback in iPhones and Apple Watches, infringed two Taction patents. Taction first sued Apple in 2021. Reuters says it’s the largest U.S. patent verdict to date. Apple denies using Taction’s technology and could ultimately have to pay more than $5.7B, though it says it will appeal.

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Wall St Engine@wallstengine

7hours ago

$AAPL HIT WITH RECORD $5.7B PATENT VERDICT A federal jury found Apple’s Taptic Engine, used for haptic feedback in iPhones and Apple Watches, infringed two Taction patents. Taction first sued Apple in 2021. Reuters says it’s the largest U.S. patent verdict to date. Apple denies using Taction’s technology and could ultimately have to pay more than $5.7B, though it says it will appeal.