Apple, Samsung Settle After Fighting Seven Years in Court

Apple and Samsung reached a settlement in their U.S. patent battle, putting an end to a seven-year fight over smartphone designs. From a report: The string of lawsuits started in 2011 when Apple sued Samsung for allegedly copying the design of the iPhone in the creation of its own line of smartphones. Terms of the accord weren't immediately disclosed. The settlement follows a damages retrial in which Apple won a $539 million jury award in May.