Apple's bid to reduce $502M penalty to VirnetX denied in US: Report
Apple lost the bid to set aside or reduce $502.8 million patent infringement verdict favouring VirnetX, Reuters reported. A US judge also awarded interest and royalties that could take Apple's total payout in the lawsuits between them to above $1.1 billion. The judge denied Apple's claim that VirnetX's award should not exceed $113.7 million and request for a new trial.