Apple accused of stealing technology. Legal battle for compensation continues
A federal court in Austin, Texas, dismissed the lawsuit filed by fintech company Fintiv against technology giant Apple in its entirety. One of the arguments for dismissing the claim for damages was the passage of time and Fintiv's lack of prior action.
The case concerns the illegal use of solutions that allow contactless payments to be made in the Apple Pay application.
The complainant claims that the most important functions of Apple Pay are based on technology developed by CorFire, a company acquired by Fintiv in 2014.
During the talks, which took place in 2011-2012, confidentiality agreements were signed with Apple , but a purchase agreement was not subsequently finalized.
After a few years, the solutions of that time were used in systems that run on iPhones, iPads, as well as Apple Watch and MacBook computers.
The case has now moved to federal court in Atlanta and includes allegations of violating trade secrets and federal and Georgia RICO laws.
Journalist, graduate of political science at the Faculty of Law and Administration of the Jagiellonian University. Associated with the media for over 40 years. After graduating in 1982, he worked on the editorial staff of "Gazeta Krakowska" and "Kurier Polski." A member of the editorial team of "Przegląd Techniczny." He has published articles in "Student," "Przekrój," and "Życie Literackie." Since the economic and political transformation, he has been associated with Reuters as a correspondent in Krakow for over 20 years. For the next three years, he conducted practical classes with students at the Institute of Journalism, Media, and Social Communication of the Jagiellonian University. Since December 2021, he has joined the PTWP Group and works for the WNP.PL portal. His main professional interests include economics and politics at the global level and the participation of Polish business in this field, particularly companies listed on the Warsaw Stock Exchange. Winner of the "Ostra Pióra" award, granted for "spreading economic education" by the BCC, as well as the Golden Pear - a journalistic award of the Małopolska Branch of the Association of Journalists of the Republic of Poland.
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