SAP Will Pay Oracle $306 Million Over Copyright Infringement

Software giant Oracle has agreed to accept $306 million in damages from rival SAP stemming from the bitter copyright infringement lawsuit the two contested in 2010.

A jury had initially awarded Oracle $1.3 billion until a judge set that judgment aside, a decision which Oracle says it intends to appeal. SAP admitted to the infringement on the eve of the trial, pled guilty to several criminal charges stemming from the theft of Oracle software and paid fines to the U.S. Department of Justice.

Team TechPanda

Recent Posts

Why DevOps is more than a tool—it’s a chain reaction

Alright. Let's get started. This article is meant to give a beginner's introduction to some…

8 hours ago

The battle for creativity: Who owns art in the age of AI?

As AI tools like ChatGPT and Stability redefine how art and literature are made, they’re…

13 hours ago

Move over, Picasso: The bots are painting now

The rules of art are changing, and the artist must upgrade. AI is changing the…

14 hours ago

Why data localization is as crucial as defense in India’s security framework

In today’s fast-growing digital age, data has become one of the most valuable assets of…

5 days ago

Funding alert: Tech startups that raked in moolah this month

The Tech Panda takes a look at recent funding events in the tech ecosystem, seeking…

1 week ago

NPCI promotes awareness against ‘Digital Arrest’ fraud

Looking at the rising online scams, the National Payments Corporation of India (NPCI), the umbrella…

1 week ago