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home / articles / TECH - Cloud Clash: Amazon Reportedly Faces $525M Verdict For Patent Infringement | Benzinga

TECH - Cloud Clash: Amazon Reportedly Faces $525M Verdict For Patent Infringement | Benzinga

Bio-Techne Corp

Amazon.com Inc’s (NASDAQ:AMZN) cloud-service provider Amazon Web Services has been reportedly ordered by an Illinois federal jury to pay tech company Kove $525 million for breaching its patent rights in data-storage technology.

The jury found that AWS violated three of Kove’s patents crucial to storing and retrieving massive data, according to a report from Reuters.

The report quoted an Amazon ...

Full story available on Benzinga.com
Stock Information
Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com
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