This column provides a scorecard on Google's legal highs and lows. For other Google news, see Let's Get Physical: Google's Move Into Hardware
Link: With Rosetta Stone Settlement, Google Gets Closer to Legitimizing Billions of AdWords Revenue
“After 3+ years of litigation, Google
(NASDAQ:GOOG) and Rosetta Stone
(NYSE:RST) settled Rosetta Stone’s trademark lawsuit over Google AdWords. The settlement terms are confidential, but a joint statement published in Reuters says that the parties will 'meaningfully collaborate to combat online ads for counterfeit goods and prevent the misuse and abuse of trademarks on the Internet.' This does not clarify if Google will do anything more than it’s currently doing, or if Google will do something special for Rosetta Stone”
Link: Google France Faces Fine of $1.3 Billion for Tax Noncompliance - Google Denies the Accusation
“Google France could be ordered to pay $1.3 billion to France’s equivalent of the IRS (Direction générale des finances) due to tax noncompliance in 2011. The agency has been investigating Google’s revenue in France for months. With only 138 million euros of revenue in France in 2011, the company has used tax-optimization strategies, but has always stated that they comply with the law. It denies the accusation.”
Link: Google Inc. Plans to Break Vringo
“Google Inc. and Vringo, Inc.
(NYSEAMEX:VRNG) are still at trial over whether Google has infringed upon one of Vringo’s patents. The premise of the Google lawsuit includes a patent that was filed by one of the earliest and biggest search engines, Lycos. We still believe that Google should not worry about the tiny tech company. It also appears that insiders were a bit wary about whether Vringo could pull off the upset, as a number of insiders dumped shares above the $4 per share mark before the end of October."
No positions in stocks mentioned.
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