Sonos Jumped Nearly 4% in Morning Trading as It Won over Google in a Patent Case 

Tiger Newspress2022-01-07

Sonos jumped nearly 4% in morning trading as it won over Google in a patent case.The U.S. International Trade Commission found Google violated five patents held by Sonos related to audio synchronization, volume adjustment, and Wi-Fi connection, Tripp Mickle of The Wall Street Journal reports. The court decided Google must stop importing products that infringe those patents. Google spokesman Jose Castaneda said the company will appeal the decision. This ruling could raise pressure on Google to enter a licensing deal with Sonos for its patents.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • LEEQF
    2022-01-10
    LEEQF
    Can like my comment pls ?
  • SSVC
    2022-01-09
    SSVC
    Good
  • Dbw
    2022-01-09
    Dbw
    Like pls thanks
  • koolgal
    2022-01-08
    koolgal
    Hurray for Sonos investors as Google just lost a legal suit to Sonos on patent infringement!  Go Sonos! 🚀🚀🚀🌙🌙🌙💰💰💰
  • Gladys8jk
    2022-01-08
    Gladys8jk
    Ok
  • Fishabeng
    2022-01-08
    Fishabeng
    [Smile] 
Leave a comment
15