Hold the phone: Apple owes the University of Wisconsin $506 million for patent infringement

Apple has gotten itself into a bit of a pickle. 

U.S. District Court Judge William Conley pounded the gavel on Monday ordering Apple to pay $506 million to the Wisconsin Alumni Research Foundation (WARF).

This court order adds $272 million to the $234 million amount Apple already owed WARF from a separate verdict in late 2015.

SEE ALSO: Here's how to take photos even when your phone is out of storage

And so the questions roll in. What is WARF and what on earth did Apple do to owe it so much money?

In short, WARF is a patent licensing part of the University of Wisconsin. WARF's vision is to "enable University of Wisconsin–Madison research to solve the world’s problems," which it did when creating computer processing chips used in iPhones. The problem is that Apple never legally obtained the rights to those chips.  Read more...

More about Apple, Iphone, Technology, Lawsuit, and Tim Cook

http://ift.tt/2uYbn2Z from Tech http://ift.tt/2uXSQDY
via IFTTT