Apple Hit with Massive Patent Fine

Apple Inc. could end up paying $862 million in damages after losing a patent lawsuit over its processors. The processors, which are found in the iPhone 5S, 6 and 6 Plus models, were found Tuesday to have infringed on a 1998 patent held by the University of Wisconsin-Madison's licensing arm. The patent is believed to improve the efficiency of processors. In January 2014, the Wisconsin Alumni Research Foundation (WARF), which licenses technological inventions created by university...

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