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Oct 21, 2024 • 3 min read

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Western Digital Ordered Pay $315m:

A California jury recently ordered Western Digital to pay $315.7 million after finding that the company had violated a patent owned by SPEX Technologies. The case revolved around data encryption technology used in several of Western Digital’s self-encrypting hard drives. According to the jury, these products included features that infringed on a patent SPEX acquired, which originally belonged to another company, Spyrus.
This legal battle, which began in 2016, underscores how difficult and costly it can be to navigate patent disputes, particularly in the tech industry. Many tech companies, like Western Digital, must carefully balance integrating advanced features while ensuring they do not infringe on existing patents. Encryption technologies, for example, are essential for data security, but companies must be cautious in how they develop or license these technologies to avoid costly legal disputes.
Western Digital plans to challenge the verdict, reflecting the complexities of enforcing intellectual property rights in tech. The outcome of this case serves as a reminder that even well-established companies can face significant penalties if they’re found to have used patented technology without proper agreements.

FBI Updates 2022 Crime Data:

The FBI recently updated its 2022 crime data, revealing a 4.5% increase in violent crime, reversing its earlier report of a 2.1% decrease. This adjustment added thousands of previously unaccounted for violent incidents, including more cases of murder, rape, robbery, and assault. The history of U.S. crime rates has seen fluctuating trends over the decades. Violent crime rates surged in the 1970s and 1980s, peaking in the early 1990s.
This period was characterized by high levels of urban crime, driven by factors such as economic downturns, drug epidemics, and gang violence. However, from the mid-1990s through the 2010s, crime rates saw a steady decline, largely attributed to improved policing methods, economic growth, and various social initiatives. By 2014, the violent crime rate had dropped by more than 50% from its peak in 1991, signaling a major shift in public safety.
In recent years, however, the trend has shown signs of reversing. Starting around 2020, there was a noticeable uptick in violent crime across many U.S. cities, with incidents of murder, aggravated assault, and carjacking rising. The updated 2022 data from the FBI, now reflecting a 4.5% rise, confirms this resurgence of crime, underlining the need for renewed focus on public safety and effective crime prevention strategies.

Statistic:

Largest assets by market capitalization:

Gold: $18.377T

🇺🇸 Apple: $3.572T

🇺🇸 NVIDIA: $3.385T

🇺🇸 Microsoft: $3.108T

🇺🇸 Alphabet (Google): $2.020T

🇺🇸 Amazon: $1.983T

Silver: $1.917T

🇸🇦 Saudi Aramco: $1.743T

🇺🇸 Meta Platforms: $1.458T

Bitcoin: $1.367T

🇹🇼 TSMC: $1.041T

🇺🇸 Berkshire Hathaway: $1.002T

🇺🇸 Broadcom: $840.19B

🇺🇸 Eli Lilly: $826.56B

🇺🇸 Tesla: $705.05B

🇺🇸 Walmart: $653.59B

🇺🇸 JPMorgan Chase: $634.48B

🇺🇸 Visa: $565.51B

SPDR S&P 500 ETF Trust: $536.52B

🇺🇸 Exxon Mobil: $533.18B

🇺🇸 UnitedHealth: $525.98B

🇩🇰 Novo Nordisk: $521.53B

🇨🇳 Tencent: $508.97B

🇺🇸 Oracle: $484.07B

🇺🇸 Mastercard: $477.01B

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