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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
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'