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Amazon Ordered to Pay $122 Million to AlmondNet by Texas Jury
Jun 17, 2024, 09:01 AM
Amazon has been ordered to pay nearly $122 million to AlmondNet, an adtech company based in New York, for infringing on two patents related to personalized ad targeting. The decision was made by a Texas federal jury on June 14, which found Amazon guilty of violating AlmondNet's rights in targeted internet advertising technology.
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