Google suffers major blow in Nortel patent loss - The Economic Times

TORONTO: Google, which initiated the bidding war for precious Nortel patents in April, has suffered a huge blow with an Apple-led consortium walking away with 6,000 patents for $4.5 billion last week. The bidding process for 6,000 patents and patent applications began in April, with Google offering a $900-million stalking horse bid. Apart from Apple, BlackBerry maker Research...