Samsung takes a $12 billion value hit after Apple patent lawsuit verdict

By Gadjo Cardenas Sevilla

Losing  the initial patent infringement case against Apple is going to cost Samsung. More than the $1 billion it has to pay Apple for damages, it is also taking a hit where it hurts, in its value. The Korean consumer electronics and components giant saw 7.5 of its shares slump early Monday resulting in the loss of $12 billion of its value. Still reeling from last week's jury verdict at the San Jose federal court, that found that Samsung willfully copied Apple's patents and ordered the latter to pay over $1 billion in damages, Samsung now faces some financial consequences for that ruling which it said it will appeal.

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Safety first with iHelpPlus App

iHelpPlusApps announces the release of their first app, iHelpPlus(TM) a new personal safety device for iPhone users of all ages. Featuring customizable alarms, built-in flashlight, GPS tracking to identify your exact location and much more, iHelpPlusApps establishes a new standard for personal protection with the iHelpPlus(TM) app. 

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ioSafe offers 40% off ioSafe Solo and Rugged Portable

Here's a coupon for up to $160 off + free shipping (40% off) any ioSafe Solo* and Rugged Portable*.  Coupon Code: HOTAUGUST12 Share with your friends or family. This deal has a limited number of systems so when they sellout, the discount will expire for that product. Otherwise expires 8-31-2012. Hit jump for more details.

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Jazz 1.1 for iOS Creates Infinite Photo Styles

GG Filmz today is pleased to announce Jazz 1.1 for iOS, an update to their powerful photo editor that easily generates a limitless number of looks for your photos. Developed by award-winning visual effects director, Ray Giarratana, Jazz improvises on any photo, offering four new interpretations at a time, at the touch of a button. With its 16 powerful filters, users can tweak any image-processed photo to achieve nearly any desired look, save their own style presets, quickly compare examples of before and after, and share or save photos.

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