Peloton Hit with $20.5 million Jury Verdict
A jury found PTON’s content streaming service infringes on NEC Corp.’s patent technology, awarding the Japanese electronics maker $20.5 million in damages, set as back payments for a running royalty. The Jan., 2022 suit alleged that Peloton’s use of Google ExoPlayer/Media3 or Apple AVPlayer in its Bike and Tread exercise equipment infringed on NEC’s ... Log in to view full article.
