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Google persuaded a U.S. appeals court to undertake a rare full-court review of its $20 million trial loss to energy-management company EcoFactor in a patent lawsuit over Google's Nest smart thermostats @blakebrittain https://t.co/VCqEJ7AKzY https://t.co/AdSWZwrcbb
The Federal Circuit said it would reassess a three-judge panel's split ruling in favor of EcoFactor in a patent lawsuit over Google's Nest smart thermostats. The jury in 2022 awarded EcoFactor just over $20 million in damages https://t.co/VCqEJ7AKzY @blakebrittain https://t.co/rQ4mCmSLtx
Light & Wonder fell out of bed in a mostly green week for gaming-related stocks when a NV District Court judge granted Aristocrat $ALL a preliminary injunction relating to $LNW's Dragon Train game. *But!* most analysts disagreed with the market reaction. More 👇 https://t.co/nihisUMpIT
Aristocrat Technologies has secured a preliminary injunction against Light & Wonder in a trade secrets case concerning the Dragon Train slot machine. The U.S. District Court for the District of Nevada ruled in favor of Aristocrat, halting the sale and distribution of the Dragon Train game. This decision is expected to force Light & Wonder to remove approximately 2,000 existing machines. Following the ruling, Light & Wonder's stock price dropped significantly, falling more than 19% on the Nasdaq to close at $90.71, down $21.97. The case has caused significant financial and operational impacts for Light & Wonder, as the company must now navigate the legal and business ramifications of the court's decision.
