Tech 2.0 for Thursday, November 21, 2013
A Silicon Valley jury has ordered Samsng Electronics to pay Apple $290 million for copying vital iPhone and iPad features. The verdict Thursday covers 13 older Samsung devices that a previous jury found were among 26 Samsung products that infringed Apple patents. The previous jury awarded Apple $1.05 billion. But U.S. District Judge Lucy Koh ordered the new trial and tossed out $450 million of the damages after concluding the previous jury miscalculated the amount Samsung owed. Samsung appealed that verdict and is expected to appeal the latest verdict. A third trial is scheduled for March to consider Apple's claims that Samsung's newest devices on the market also copied Apple's technology.
Pinterest, the online pinboard for sharing everything from wedding china ideas to travel inspiration, is now letting users add location to their pins. San Francisco-based Pinterest says that its "Place Pins," were designed to "combine all the beautiful imagery of a travel magazine with the utility of a map and put it all online so you can share it with friends." Pinterest says there are more than 750 million travel-related pins on the site already. With the new location-based pins, users will be able to create maps for friends visiting from out of town, or vacation spots they want to see. According to comScore, Pinterest has more than 53 million users. The San Francisco-based company is privately held and is only testing the waters of generating any revenue.
Cyprus' biggest private university says it will start accepting the digital currency Bitcoin as an alternative way to pay tuition fees. University of Nicosia's Chief Financial Officer Christos Vlachos says the move will help foreign students in countries where traditional banking transactions are either difficult or costly to pay fees for programs such as online degrees. The university claims it is the first in the world to take Bitcoin payments. Vlachos told The Asssociated Press on Thursday that the university is also offering a new Masters' degree in digital currency, a field he says is the monetary equivalent of the Internet in its infancy. He said the Cypriot government should set up a regulatory framework to attract digital currency trading companies and boost the bailed-out country's foundering economy.