Samsung bought two patents specifically for use in Apple trial, say attorneys

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In the ongoing patent trial where Apple is claiming Samsung infringed five of its patents, and Samsung is claiming Apple did the same to two of its patents, it has been suggested that Samsung bought the two patents concerned specifically to sue Apple. The allegation was made by Apple’s attorneys, reports The Verge.

The original inventors on the video patent, for instance, originated in Oklahoma, and the gallery patent originally belonged to Hitachi. In the case of the video patent, Samsung disclosed that it paid $2.39 million to acquire it in 2010, the same year FaceTime debuted alongside the iPhone 4. Apple hopes that will stand in stark contrast with its five patents, two of which were filed the day the company introduced the iPhone, and all developed within the company …

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Senator Tom Coburn says he’s ‘absolutely livid’ about Apple’s tax practices

Republican Senator Tom Coburn of Oklahoma appeared on “Morning Joe” earlier this morning to talk the debt crisis. During the interview, a question came up about a piece The New York Times ran this weekend that discussed Apple’s tactics of legally skirting billions in taxes each year by using tax havens like Nevada, Ireland, Luxembourg, and the Virgin Islands. Keep in mind: These practices are perfectly legal and other large companies are doing the same. However, when the Senator was asked about the topic, Coburn sternly replied that he’s “absolutely livid.”

As a solution to the issue, Coburn said that the nation needs to “reform the tax code,” which he said will lead to economic growth. The senator also said he has begun work with Michigan Senator Carl Levin to look into how Apple is doing this. The big thing it looks like the senator wants to do is bring the funds from these larger companies back into the United States to help put more money back into the economy—obviously through large taxes.

Apple currently has $74 billion of its money off-shores, and it is pushing, along with other companies, for a tax-holiday where it could bring its money back into the U.S at a cut tax rate. Apple responded to the NYT piece on Sunday:

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