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Stock Market & Financial Investment News

News Breaks
June 2, 2014
18:27 EDTAKAM, LLNWLimelight Networks confirms favorable Supreme Court ruling in patent case
Limelight Networks announced that the Supreme Court of the United States has issued an opinion in case No. 12-786, holding that Limelight Networks is not liable for inducing infringement. Details of the opinion are available here. In the opinion by Justice Samuel Alito, the court reversed an August 2012 ruling by a divided U.S. Court of Appeals for the Federal Circuit that held that there could be liability for induced infringement in cases when no party directly infringed a patent claim. The original lawsuit was filed in 2006. Many companies, organizations, and individuals have filed amicus briefs with the high court on Limelight’s behalf. “We are pleased with the Supreme Court’s unanimous decision,” stated Bob Lento, Limelight’s CEO. “By promoting clear rules governing liability for patent infringement, the Supreme Court’s decision is a win not only for Limelight, but also for innovators throughout the country. We appreciate the support received from so many others, and look forward to full resolution. As always, we remain focused on building our business with innovative offerings, and on providing our customers with the highest quality of service.”
News For LLNW;AKAM From The Last 14 Days
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February 24, 2015
15:59 EDTAKAMAkamai price target raised to $77 from $68 at Piper Jaffray
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10:19 EDTAKAMAkamai to host investor meeting
Investor meeting to be held in Boston on February 24 from 8:30 until 2 pm. Webcast Link
February 19, 2015
14:18 EDTAKAMAkamai volatility at low end of historic range on sharp rally
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