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AVGO News Highlights
- AVGO's 30 day story count now stands at 25.
- Over the past 27 days, the trend for AVGO's stories per day has been choppy and unclear. It has oscillated between 1 and 9.
- GOOGL, PEAK and CSCO are the most mentioned tickers in articles about AVGO.
Latest AVGO News From Around the Web
Below are the latest news stories about BROADCOM INC that investors may wish to consider to help them evaluate AVGO as an investment opportunity.
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A German court ruled that Netflix is infringing on a Broadcom patent in the country and has ordered the company to stop streaming video in the country using Broadcom's technology.
In a significant development in the tech and entertainment industry, a ruling by the District Court of Munich on Monday has found Netflix (NASDAQ:NFLX) guilty of infringing on a patent held by global technology company Broadcom (NASDAQ:NASDAQ:AVGO). This ruling marks a notable milestone in an ongoing patent dispute between the two corporations that began in 2018.
SAN JOSE, Calif., Sept. 25, 2023 (GLOBE NEWSWIRE) -- Broadcom Inc. (NASDAQ:AVGO) announced today that the District Court of Munich, Germany, ruled that Netflix is infringing a Broadcom patent related to HEVC/H.265 video coding. The court issued an injunction requiring Netflix to cease and desist all further infringement in Germany. Since 2018, Netflix and Broadcom have been engaged in a wide-ranging patent dispute whereby Broadcom has accused Netflix of infringing numerous U.S., German, and Dutc
In an era of software mega-deals, old network infrastructure giant Cisco Systems (NASDAQ: CSCO) apparently doesn't want to be left out. It just announced it intends to acquire Splunk (NASDAQ: SPLK), which specializes in data log analysis and cloud observability software, for $28 billion in cash. If the deal is approved, it will instantly shoot into the top-five largest software acquisitions ever.
The District Court of Munich ruled that Netflix (NASDAQ:NFLX) is infringing on a patent held by Broadcom (NASDAQ:NASDAQ:AVGO), a global technology company. The patent is related to high-efficiency video coding (HEVC/H.265), a crucial technology for high-quality video transmission. This decision marks a significant milestone in an ongoing dispute between the two companies that began in 2018.
Wall Street doubts Google will pull its business, but the stock’s big run has made the chip maker more sensitive to market fears.
U.S. wireless chipmaker Broadcom (NASDAQ:AVGO) Inc. announced that it plans to appeal against the decision of the South Korean Fair Trade Commission (FTC) which imposed a 19.1 billion-won ($16 million) fine for unfair business practices against Samsung Electronics (KS:005930) Co.