Tech Business Recap: Apple Makes a Deal, Samsung Loses Another Court Ruling
A major turn in the e-book wars comes about, as Apple Inc. (NASDAQ:AAPL) along with four major publishers including CBS Corporation’s (NYSE:CBS) Simon & Schuster and News Corporation’s (NASDAQ:NWS) HarperCollins offer to permit retailers to sell the books at discounts for a period of two years, so as to end a European Commission antitrust inquiry. This hands yet another win to Amazon.com, Inc. (NASDAQ:AMZN); the offer follows a similar agreement with publishers in the United States, although not with Apple.
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United States District Judge Lucy Koh has declined Samsung’s (SSNLF.PK) request to overturn a temporary domestic sales ban on the firm’s Galaxy Tab 10.1 tablet computer, ruling that the court hasn’t the jurisdiction to entertain an appeal against an injunction filed by Apple. Now, Samsung must pin its hopes on a federal court for relief.
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