Dallas Jury Orders X Corp. to Pay $105 Million in Video Technology Infringement Case

Pieter Gunst01 mins

In a recent development from the legal arena, a Dallas jury has concluded that X Corp. is liable for $105 million after determining the company infringed on a startup’s video sharing technology. The verdict stems from a lawsuit filed by VidStream LLC, which originally pursued $632 million in damages. This ruling represents a significantly lower financial obligation for X Corp. compared to what VidStream had claimed. For more details on the case, click here.