On Monday, Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD), SUBTRACT -1.19% and closed at $6.67 in the last trading session. AMD stock opened its last trade at $6.92 and after floating in a range of $6.64 to $6.97. The company’s Market capitalization is $6.21 Billion with the total Outstanding Shares of 895.00 Million. During the 52-week trading session the minimum price at which share price traded, registered at $1.75 and reached to max level of $8.00. AMD ( NASDAQ : AMD ) recently outlined powerful new solutions to two of the leading issues facing professional VR content creators recently: how to create compelling VR content that approaches cinematic fidelity, and how to maximize that content’s viewership. In the opening keynote at VR on the Lot, a two-day summit bringing together the top players in media, entertainment and technology, AMD detailed innovative Radeon™ Pro technologies designed to fuel the creation of real-time photorealistic VR content, and declared collaborations to facilitate the distribution of premium VR content to out-of-home experiences around the world.
“In creating Radeon Pro, we sought to address the industry’s biggest problems, and for many creators, there’s none bigger than cinematic VR content,” said Roy Taylor, corporate VP and head of alliances, content and VR, Radeon Technologies Group, AMD. “Bringing your creative vision to life can be a demanding and laborious process and working in VR, those demands are exponentially multiplied. Through extraordinary Radeon Pro hardware and software, we’re assisting alleviate the technical burdens of creativity, empowering artists to focus on telling their story, and through our efforts in location-based entertainment, giving them new opportunities to share their work with the world.”
Apple Inc. (NASDAQ:AAPL), DROPPED -0.07% and closed at $117.55 in the last trading session. AAPL stock opened its last trade at $117.33 and after floating in a range of $116.38 to $117.84. The company’s Market capitalization is $636.93 Billion with the total Outstanding Shares of 5.39 Billion. During the 52-week trading session the minimum price at which share price traded, registered at $89.47 and reached to max level of $123.82. – Attorneys from Dallas’ Caldwell Cassady & Curry have won another multimillion-dollar patent infringement award for Nevada-based VirnetX Holding Corp. (NYSE MKT: VHC) against technology giant Apple Inc. (AAPL) based on an East Texas jury’s finding that Apple owes more than $302 million in royalties for infringing internet security patents owned by VirnetX.
Jurors in the Tyler, Texas, courtroom of Judge Robert W. Schroeder III delivered the verdict in favor of VirnetX on Sept. 30 after one week of trial. The case is VirnetX Inc., et al. v. Apple Inc., No. 6:10-CV-417, in the U.S. District Court for the Eastern District of Texas.
Caldwell Cassady & Curry name principals Bradley W. Caldwell, Jason D. Cassady and J. Austin Curry led the team representing VirnetX. The company also called on Johnny Ward from Ward, Smith & Hill, PLLC, in Longview and attorneys from Parker, Bunt & Ainsworth, P.C., of Tyler. Also representing VirnetX from Caldwell Cassady & Curry were firm principal Justin T. Nemunaitis and firm attorneys Hamad M. Hamad, Warren J. McCarty, Jason S. McManis, Daniel R. Pearson, Christopher S. Stewart, and John F. Summers.