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Google Ordered to Pay Sonos $32.5M for Infringing Smart Speaker Patent

Google has been ordered to pay Sonos $32.5 million for infringing one of its smart speaker patents, marking a significant development in a long-fought legal war between the two companies that’s spanned more than three years and multiple lawsuits. Filed in a San Francisco court on Friday (May 26), the jury verdict awarded Sonos $2.30 […]

MTV & Paramount Win Large Brand of the Year at 2023 Shorty Awards

MTV Entertainment Studios & Paramount Media Networks won the prize for large brand of the year at the 2023 Shorty Awards on Wednesday (May 24) in New York City. The award is presented to the company that had the most overall wins in the competition, which seeks to “honor the best people and organizations on […]

Music Stocks Down as Markets Show Optimism for U.S. Debt-Ceiling Deal

Stock markets ended the week on a positive note as investors showed optimism believing that Congress can negotiate a deal to increase the nation’s debt limit and avoid a historic default. The S&P 500 increased 1.3% to $4,205.45, up 0.3% on the week, while the Nasdaq composite climbed 2.2% on Friday (May 26) to finish […]