Court Vacates $533 Million iTunes Patent Award Against Apple

A federal appeals court has thrown out a jury verdict that had originally required Apple to pay $533 million to Smartflash LLC, a technology developer and licenser that claimed Apple's iTunes software infringed its data storage patents. The trial judge vacated the large damages award a few months after a Texas federal jury imposed it in February 2015, but the U.S. Court of Appeals for the Federal Circuit said the judge should have ruled Smartflash's patents invalid and set aside the verdict entirely.