Research in Motion Ltd. (RIM,RIM.TO), the manufactures of Blackberry mobile devices, said the US court for the Northern District of California returned a verdict against it and directed to pay $147.2 million in a litigation against Mformation Technologies Inc. RIM in a statement said it is disappointed by the verdict and will evaluate all legal options.
Mformation filed the patent litigation in 2008, claiming patent over a remote management system for wireless device. Mformation is engaged in remote fixing and upgrading of gadgets for its various clients including AT&T and Sprint. RIM argued that it had the technology in question, before Mformation filed for patent.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.