IBM wants $167M from Groupon over alleged patent infringement

CNET --------- IBM says it's time for the "new kid on the block" to pay up. IBM asked a jury on Monday to award the company $167 million in a lawsuit against deals site Groupon for using patented technology without authorization, according to Reuters. IBM's lawyer reportedly said in federal court in Delaware that Groupon infringed patents involving e-commerce technology that had already been licensed to Amazon, Facebook and Google for between $20 million and $50 million per company. To learn more click on the picture below to read the article.