Tuesday, October 7, 2014

Microsoft is suing Samsung over millions in alleged unpaid interest

Microsoft is suing Samsung over millions in alleged unpaid interest   If there's one thing tech companies know how to do better than anyone else, it's sue one another.Now Microsoft has taken Samsung to task in a New York court for $6.9 million (about £4.3m, AU$7.9m) in alleged unpaid interest, according to Reuters.The disagreement reportedly began with Samsung's belief that Microsoft breached the companies' "business collaboration agreement" when Microsoft bought Nokia's phone division in September of 2013.As a result Samsung delayed payments of over $1 billion (about £621m, AU$1. Read more >