Apple To Pay $60 Million Over iPad Trademark Dispute
tekgoblin writes "Today a Chinese court has stated Apple, Inc. has agreed to pay a Chinese company $60 Million dollars to settle their infamous iPad name dispute. In 2006 Apple purchased the Taiwanese rights to the name 'iPad' from the company Proview Electronics. In China however, the trademarked name was still owned by Proview Technologies, a Shenzhen based subsidiary of Proview Electronics. Since 2011, Proview Technologies has battled Apple in the Xicheng district court and in 2012 the Santa Clara Superior Court. Both cases are still ongoing."
US companies are forbidden by law to pay bribes so they have to go about it a round about way.
This is just the price of doing business in China.
Bad analogies are like waxing a monkey with a rainbow.
Especially against the Chinese. I mean, they're paramount for proper trademark usage!
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Chinese leadership wealth makes Romney look "middle class" in comparison.
Seems like it's "One China, except when two Chinas can charge you twice"
I know a hot topic gets multiple selections, so do Slashdot editors pick the one with the single worst article? This news items is covered in several reputable places, yet, they selected a submission that looks like it was written by an 8th grader. They use AP's Tweet to make it look like an official AP story/headline. There's brilliantly nonsensical lines like "Proview is continuing their lawsuit in Santa Clara for $1.5 billion dollars while allging fraud and unfair competition. The case was soon after thrown out by a judge."
The best thing about a boolean is even if you are wrong, you are only off by a bit.