Oracle's Lawsuit Against Google Heats Up In Trial
The trial over whether Google infringed on Oracle Corporation's (NASDAQ:ORCL) copyrights and patents has been going on for one week, and has seen Google executives take the witness stand to be bombarded by questions from Oracle's lawyers, InformationWeek reports.
According to the news source, Oracle is holding fast to the claim that Google's Android operating system stole from its own copyrighted JAVA APIs, and violates the company's patents. When Oracle purchased Java-maker Sun Microsystems in 2010, it also scooped up all of the company's intellectual property rights.
However, Google contends Oracle delayed filing the lawsuit as Google helped to develop Android under what it believed to be the approval of Sun. Google's lawyer Bruce Baber argued in court that if either Sun or Oracle had made the claim sooner, Google would have gone about the development of Android differently.
While a number of factors hinge on the court decision, Oracle's stock could be greatly influenced by the judgment.
In the past three months, insider trading from within Oracle has amounted to a net sale of $11.44 million in shares.
Read Full Insider Report For: ORCL |