badgerkid
1 day ago
FWIW, here's the short interest numbers:
09/30/2024 3,904,826
09/13/2024 4,302,926
08/30/2024 4,396,565
08/15/2024 4,999,206
07/31/2024 4,982,695
07/15/2024 4,924,689
06/28/2024 4,650,211
06/14/2024 4,457,754
05/31/2024 4,404,119
dws
2 days ago
nterDigital and Lenovo agree to enter into new license agreement β final terms to be determined in binding arbitration
Company Release - 10/9/2024
WILMINGTON, Del., Oct. 09, 2024 (GLOBE NEWSWIRE) -- InterDigital, Inc. (Nasdaq: IDCC), a mobile, video and AI technology research and development company, today announced that it agreed to enter into a new patent license agreement with Lenovo. The parties will enter into binding arbitration to determine the final terms of the new agreement.
As part of the agreement to arbitrate, both parties have agreed to settle all pending litigations between them.
βWhen disputes do arise in licensing negotiations, binding arbitration provides for a sophisticated global dispute resolution mechanism,β commented Eeva Hakoranta, Chief Licensing Officer, InterDigital. βI look forward to the conclusion of the arbitration and settling the terms of our new license agreement for Lenovoβs use of our foundational wireless, video and AI innovation in Lenovoβs products, such as smartphones and PCs.β
About InterDigital®
InterDigital is a global research and development company focused primarily on wireless, video, artificial intelligence (βAIβ), and related technologies. We design and develop foundational technologies that enable connected, immersive experiences in a broad range of communications and entertainment products and services. We license our innovations worldwide to companies providing such products and services, including makers of wireless communications devices, consumer electronics, IoT devices, cars and other motor vehicles, and providers of cloud-based services such as video streaming. As a leader in wireless technology, our engineers have designed and developed a wide range of innovations that are used in wireless products and networks, from the earliest digital cellular systems to 5G and todayβs most advanced Wi-Fi technologies. We are also a leader in video processing and video encoding/decoding technology, with a significant AI research effort that intersects with both wireless and video technologies. Founded in 1972, InterDigital is listed on Nasdaq.
InterDigital is a registered trademark of InterDigital, Inc.
For more information, visit: www.interdigital.com.
InterDigital Contact:
Richard Lloyd
Email: richard.lloyd@interdigital.com
+1 (202) 349-1716