A Virginia district court has ordered Cisco Systems, the world’s top seller of networking equipment, to pay $1.9 billion after losing a patent infringement lawsuit brought by Centripetal Networks, a cybersecurity software provider. The case centered on Cisco’s decision three years ago to incorporate cybersecurity software into its networking switches and routers to offer customers more...
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Another Major Venture Firm to Separate China Investment Partners Following U.S. Pressure
GGV Capital, a prominent venture capital firm managing $9.2 billion in assets, plans to separate its China and U.S. teams following scrutiny from lawmakers in Washington about the national security implications of the firm’s investments in Chinese artificial intelligence and semiconductor firms, according to a notice the firm sent to its investors on Thursday. The move comes a few months...
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