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Peloton Must Pay $20.5 Million To Japanese Firm In Patent Rights Case

MediaPost.com: MediaDailyNews · last updated
A federal jury found that Peloton infringed Japanese electronic company NEC Corp.’s patent rights for content-streaming technology and has awarded NEC $20.5 million, Reuters reports. The case, which is on file with the U.S. District Court for the District of Delaware, concerns Peloton’s Bike and Tread exercise equipment.