Google Has Plenty Of Cash, Even If It Loses Android Battle To Oracle

By | May 6, 2016

Scalper1 News

The Oracle ( ORCL ) vs. Google copyright battle over the Android mobile operating system is slated to resume with a second trial on Monday. Oracle is seeking $8.8 billion in damages. But even if Alphabet ( GOOGL )-owned Google loses, it has deep pockets. Google reported $75.3 billion in cash , cash equivalents and marketable securities in its Q1 earnings release. Oracle claims Google violated its copyright on parts of the Java programming language when it created the Android OS, now used in mobile phones worldwide. Android’s chief competition is Apple’s iOS software, used in iPhones and other Apple devices. Unlike Apple ( AAPL ), Google has made Android open source and widely available to mobile phone makers, such as Samsung. Google says it should be able to use Java without paying a fee under the fair-use provision of copyright law. Oracle acquired Java when it purchased Java developer Sun Microsystems in 2010. The case previously went to trial in 2012, but a jury deadlocked. In the new trial, U.S. District Judge William Alsup has set time limits and has ruled on what evidence will be introduced . Oracle is also seeking an injunction against Google’s future use of Java in Android, which would give Oracle more leverage to negotiate an ongoing royalty, according to a Reuters report . Scalper1 News

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