Intel files antitrust lawsuit against SoftBank-owned Fortress Investment Group over patent practises

Fortress’ efforts to gather patents essentially amounts to anti-competitive behavior since these acquisitions were driven by the notion that they will be cheaper than what technology companies would be willing to pay to avoid lawsuits. U.S. semiconductor giant, Intel Corp, has filed an antitrust lawsuit against Japan’s SoftBank Group Corp-owned investment company alleging that the…

While the Democrats and the Republicans slug it out on the merits and demerits of the project, time is running out since contracts for the project have already been signed. Delays will attract penalties which could make the project void ab initio. 14 lawmakers from the California GOP have sent a letter to the newly-installed Transportation Secretary,…