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Daily Update for November 16, 2012
It's the TUAW Daily Update, your source for Apple news in a convenient audio format. You'll get all the top Apple stories of the day in three to five minutes for a quick review of what's happening in the Apple world. You can listen to today's Apple stories by clicking the inline player (requires Flash) or the non-Flash link below. To subscribe to the podcast for daily listening through iTunes, click here. No Flash? Click here to listen. Subscribe via RSS
DOJ greenlights bid by Apple, Microsoft and RIM to buy Nortel patents
The US Department of Justice didn't just give the go-ahead to Google's acquisition of Motorola today, it also gave the greenlight to a $4.5 billion bid on Nortel's patents from a consortium of companies including Apple, Microsoft and RIM (who have dubbed themselves Rockstar Bidco). Nortel's portfolio includes some 6,000 patents, and the DOJ says the approval comes after it received clear commitments from Apple and Microsoft to license so-called standard essential patents on "fair, reasonable and non-discriminatory terms, as well as their commitments not to seek injunctions in disputes involving SEPs." To round things out for the day, the Justice Department has also given its clearance to Apple's acquisition of certain Novell patents, which have been held by CPTN Holdings pending approval. Its full statement can be found after the break.
