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FEB 27, 2013 - AllThingsD

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Judge Orders Apple to Pay VirnetX $363K Daily

A federal judge has upheld the $368.2 million jury verdict that patent holding firm VirnetX won against Apple last year, shutting down the iPhone-maker's effort to reduce it. U.S. Circuit Judge Leonard Davis this week ordered Apple to pay VirnetX about $363,000 daily in interest and damages until the two companies ink a licensing deal for the four networking patents that Apple's FaceTime and iMessage apps were found to infringe.

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