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Stock Market & Financial Investment News

News Breaks
November 19, 2012
09:21 EDTAAPL, GOOGApple, Google could resolve patent disputes, Bloomberg reports
Apple (AAPL) and Google's (GOOG) Motorola unit are holding talks about resolving their dispute over standard essential patents through binding arbitration, Apple stated in a November 15 court filing, Bloomberg reported on Saturday. An agreement on that issue could lead to a deal covering all of the companies' patent disputes, Apple added, according to the news service. Reference Link
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July 15, 2014
05:44 EDTGOOGNovartis to license Google 'smart lens' technology
Novartis (NVS) announced that its eye care division Alcon has entered into an agreement with a division of Google (GOOG) to in-license its "smart lens" technology for all ocular medical uses. The agreement with Google[x], a team within Google that is devoted to finding new solutions to big global problems, provides Alcon with the opportunity to develop and commercialize Google's "smart lens" technology with the potential to transform eye care and further enhance Alcon's pipeline and global leadership in contact lenses and intraocular lenses. The transaction remains subject to anti-trust approvals. The agreement between Google and Alcon represents an important step for Novartis, across all of its divisions, to leverage technology to manage human diseases and conditions. Google's key advances in the miniaturization of electronics complement Novartis's deep pharmaceuticals and medical device expertise. Novartis aims to enhance the ways in which diseases are mapped within the body and ultimately prevented.
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