Apple is facing a lawsuit over its popular payment app Venmo. The lawsuit alleges that Apple has infringed on patents related to peer-to-peer payment technology. The lawsuit was filed by a company that specializes in digital payment technology.
The company claims that Apple’s Venmo app uses technology that is protected by their patents. They are seeking damages for the alleged patent infringement.
Apple has not responded to requests for comment on the lawsuit.
This case highlights the ongoing legal battles in the tech industry over intellectual property rights. It also emphasizes the importance of protecting intellectual property in the rapidly evolving digital payment landscape.
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