Apple’s Taptic Engine patent defeat sends litigation funder’s shares up 9%

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- Apple must pay $5.7 billion for infringing on patents held by Taction Technology, a US jury ruled on Friday. The patents relate to Apple’s Taptic Engine, which is the hardware Apple uses to provide haptic feedback for notifications, button presses, and other interactions. Taction first filed the…
- Shares in litigation funder Burford Capital jumped more than 9% today as a result of Apple’s $5.7 billion verdict over Taptic Engine patent infringement. Here are the details. more…