A federal jury has returned a verdict that Google owes $85 million in damages for infringing SimpleAir’s U.S. Patent No. 7,035,914. A separate jury...

Twitter reported financial results for the fourth quarter and fiscal year ended December 31, 2013. Q4 revenue of $243 million, up 116% year-over-year Q4 net loss...

Twitter acquired over 900 patents from IBM, and the companies entered into a patent cross-license agreement. Financial terms of the deal were not disclosed. The transaction took place in December, according to a statement by IBM released on Friday.