AT & T Seeks Damages From Microsoft
AT&T; Corp. asked a jury to award at least $90 million in damages from software maker Microsoft Corp. as a patent dispute over technology to speed Internet transmissions of human voices went to trial in U.S. District Court in New York.
AT&T; contends that Microsoft didn’t pay royalties for using technology the phone company invented in 1981.
Microsoft contends that it licensed the technology through other companies.
Separately, AT&T; forecast an 8% cut in its workforce and a decline in cash flow this year but promised to stop a slide in consumer revenue by 2006. Its shares rose 30 cents to $20.25 on the New York Stock Exchange.
Microsoft shares fell 18 cents to $26.70 on Nasdaq.
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