It is clearly the biggest news of the day, an end of sorts to one longstanding patent battle between two technology heavyweights - Apple Inc. and Samsung Electronics. Apple won after what has been one long battle and Samsung Electronics is to cough up compensation to the tune of a staggering $1.05 billion. It is a big win for the company, and on the Internet is circulating a copy of the email that Apple chief, Tim Cook sent out to his employees. Incidentally, Cook also completes his one year on the job today. In the e-mail that Cook sent out to his employees after the big win, he wrote how that lawsuit has been about values, more importantly than patents or money. He adds that the lawsuit came into being only after repeatedly asking Samsung to stop copying Apple's work. Click here for full story
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
