BlackBerry Settles Patent Suit Over Messaging App

BlackBerry Ltd. has settled its lawsuit against Kik Interactive, a company started by one of its former co-op students which developed a rival instant messaging application to its BlackBerry Messenger that eventually surpassed it in popularity. BlackBerry had sued Kik for patent infringement, claiming it made “false and/or misleading statements” and caused “confusion” in the market between Kik and BBM.