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Business News Archive - November 12, 2012

Apple And HTC Reach A Global Settlement

Apple yesterday announced a move towards patent peace with Taiwanese handset maker HTC. In a brief press release, the iPhone maker acknowledged the 2 companies had reached a global settlement as well as a 10-year licensing agreement.

Word of the Day
honeyguide
  • Any of various tropical Old World birds of the family Indicatoridae, some species of which lead people or animals to the nests of wild honeybees. The birds eat the wax and larvae that remain after the nest has been destroyed for its honey.
Honeyguide birds have even been known to eat candles.