A jury of nine is perhaps only hours away from reaching a verdict in what is a landmark case in intellectual property. It involves search giant Google and nascent challenger Vringo (VRNG) in a high-stakes battle over search technology at the core of AdWords and AdSense, the bread and butter advertising products accounting for an estimated 97% of Google’s revenue.
Recent media buzz has generated a wide group of onlookers, from owners of technology patents to students of law to industry watchers, all anxiously awaiting the outcome. How paid ads perform in search has been hugely important to Google’s revenue stream, so any challenge to this technology gets a lot of attention.
Vringo, a once little-known... [Read Full Article]
Politics and Government
Bush Warns Against Abandoning Capitalism
President George W. Bush met with leaders of the world's biggest economies, urging them not to abandon free- market capitalism as they seek an escape from the financial crisis, calling it the “best system” for delivering growth.
Paulson's Credibility Drops Again as Asset-Purchase Plan is Abandoned
Like many others who have served in President George W. Bush's administration -- among them former Secretary of State Colin Powell and former Treasury chief Paul O'Neill – Henry Paulson will leave office casting a smaller shadow than when he arrived.
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