We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Alphabet Wins Prolonged Copyright Case Against Oracle
Read MoreHide Full Article
Alphabet Inc. (GOOGL - Free Report) has scored a victory in a long-running copyright battle with Oracle Corporation (ORCL - Free Report) .
A U.S. jury on Thursday found Alphabet’s use of some parts of 37 Java Application Programming Interfaces (API) fair under copyright law.
Oracle initiated the legal proceedings back in 2010 claiming that Google had developed Android by illegally using Java APIs. The company obtained Java from Sun Microsystems that it had acquired in 2010.
We believe the win is vital to Google from both technological and financial perspectives. Google may not have been able to use Java APIs to develop its software had Oracle won the lawsuit. It has also saved it from shelling out $9 billion in damages as claimed by Oracle.
As a defense witness, Alphabet Executive Chairman Eric Schmidt’s role was pivotal as he convinced jurors that Google’s use of Java was only to innovate and had nothing to do with infringement of another company’s intellectual property.
Schmidt’s statements were important more in the sense that he is a former Sun Microsystems executive who contributed in developing and marketing Java.
In the first trial in 2012, the jury reached a mixed verdict leading Judge William Alsup to rule that APIs aren’t copyrightable. However, the Judge’s finding was overturned and sent for a second trial after Oracle brought the case back to the Federal Circuit court on appeal.
Thursday’s verdict is a huge relief for a number of tech companies across the Silicon Valley who feared a ban on their Java API usage and more software lawsuits.
Oracle immediately declared that it will appeal against the decision. General Counsel Dorian Daley said in a statement, "We strongly believe that Google developed Android by illegally copying core Java technology to rush into the mobile device market."
Google and other Silicon Valley players however are rejoicing at the decision. They see the verdict as a significant victory for them, for the Java programming community and for the Android ecosystem.
The Computer & Communications Industry Association (CCIA), a lobbying group that represents many technology companies like Microsoft Corporation (MSFT - Free Report) , Apple Inc. (AAPL - Free Report) , Amazon and Netflix but not Oracle, regarded the verdict as an important win for software developers.
Currently, Alphabet is a Zacks Rank #3 (Hold) stock.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Unique Zacks Analysis of Your Chosen Ticker
Pick one free report - opportunity may be withdrawn at any time
Image: Bigstock
Alphabet Wins Prolonged Copyright Case Against Oracle
Alphabet Inc. (GOOGL - Free Report) has scored a victory in a long-running copyright battle with Oracle Corporation (ORCL - Free Report) .
A U.S. jury on Thursday found Alphabet’s use of some parts of 37 Java Application Programming Interfaces (API) fair under copyright law.
Oracle initiated the legal proceedings back in 2010 claiming that Google had developed Android by illegally using Java APIs. The company obtained Java from Sun Microsystems that it had acquired in 2010.
We believe the win is vital to Google from both technological and financial perspectives. Google may not have been able to use Java APIs to develop its software had Oracle won the lawsuit. It has also saved it from shelling out $9 billion in damages as claimed by Oracle.
As a defense witness, Alphabet Executive Chairman Eric Schmidt’s role was pivotal as he convinced jurors that Google’s use of Java was only to innovate and had nothing to do with infringement of another company’s intellectual property.
Schmidt’s statements were important more in the sense that he is a former Sun Microsystems executive who contributed in developing and marketing Java.
In the first trial in 2012, the jury reached a mixed verdict leading Judge William Alsup to rule that APIs aren’t copyrightable. However, the Judge’s finding was overturned and sent for a second trial after Oracle brought the case back to the Federal Circuit court on appeal.
Thursday’s verdict is a huge relief for a number of tech companies across the Silicon Valley who feared a ban on their Java API usage and more software lawsuits.
Oracle immediately declared that it will appeal against the decision. General Counsel Dorian Daley said in a statement, "We strongly believe that Google developed Android by illegally copying core Java technology to rush into the mobile device market."
Google and other Silicon Valley players however are rejoicing at the decision. They see the verdict as a significant victory for them, for the Java programming community and for the Android ecosystem.
The Computer & Communications Industry Association (CCIA), a lobbying group that represents many technology companies like Microsoft Corporation (MSFT - Free Report) , Apple Inc. (AAPL - Free Report) , Amazon and Netflix but not Oracle, regarded the verdict as an important win for software developers.
Currently, Alphabet is a Zacks Rank #3 (Hold) stock.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>