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IBM files patent infringement lawsuits against Amazon.com
MUMBAI: IBM has filed two patent infringement lawsuits against online book and retail major Amazon.com for unspecified damages.
The lawsuits come after nearly four years of attempts by IBM to resolve its concerns with Amazon.com over infringement of IBM’s patents.
The suits were filed in two District Courts for the Eastern District of Texas: one suit in the Tyler Division and the other suit in the Lufkin Division.
IBM Technology and Intellectual Property senior VP Dr. John E. Kelly III says, “We filed this case for a very simple reason. IBM’s property is being knowingly and unfairly exploited. IBM is one of the world’s leading creators of intellectual property and one of the most progressive in embracing new, highly collaborative ways of driving and managing innovation.
“Everything we do is premised on the fundamental principle that IBM’s intellectual property is one of our core assets, and represents the work product of tens of thousands of scientists and engineers and billions of dollars of investment.”
IBM said that Amazon.com has willfully infringed and continues to infringe on a number of key IBM patents.
Dating back to September 2002, IBM says that it has notified Amazon.com numerous times of the infringement, but Amazon.com has shown no willingness to have meaningful discussions.
“When someone takes our property, without our permission through a license, we have no option but to protect it through every means available to us,” said Kelly.
IBM holds more than 40,000 patents worldwide and has been awarded the most US patents for 13 consecutive years. The company has a long history of licensing its patents covering e-commerce on fair terms. Over the past five decades, IBM has entered into numerous patent licensing agreements with companies that respect intellectual property rights in a broad range of industries. Many companies have licensed these five high-quality patents from IBM, as well as others, in “field of use” patent licenses.
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Network18 Q4 revenue grows 9.7 per cent, EBITDA at Rs 30 crore
PAT improves to Rs 306.6 crore, margins steady amid cost pressures.
MUMBAI: Not all news is breaking, some of it is quietly improving. Network18 Media & Investments Limited appears to be doing just that, tightening losses and stabilising margins even as costs continue to weigh on the business. For FY26, the company reported revenue from operations of Rs 1,955.1 crore, up from Rs 1,896.2 crore in FY25, signalling modest top-line growth in a challenging media environment. Total income stood at Rs 1,978.2 crore, compared to Rs 1,913 crore a year earlier.
Profit after tax came in at Rs 306.6 crore for the year, a sharp turnaround from Rs 3,225.4 crore in FY25, largely reflecting the absence of large exceptional items that had inflated the previous year’s numbers. On a more comparable basis, the company’s operating performance showed signs of gradual stabilisation.
However, the quarterly picture remained under pressure. For the March quarter, Network18 reported a loss of Rs 53.1 crore, narrower than the Rs 98.1 crore loss in the same period last year, but still indicative of ongoing cost challenges.
Expenses continued to track high. Total expenses for FY26 stood at Rs 2,235.7 crore, up from Rs 2,197.8 crore in FY25. Key cost heads included operational expenses of Rs 765.9 crore, employee benefits of Rs 475.9 crore, and marketing, distribution and promotional spends of Rs 427.1 crore, underlining the continued investment required to sustain reach and engagement.
At an operating level, margins remained under strain. Operating margin stood at 2.33 per cent for FY26, marginally higher than 1.77 per cent in FY25, while net profit margin remained negative at -13.02 per cent, though improved from -14.89 per cent.
On the balance sheet, total assets rose to Rs 8,957.6 crore as of 31 March 2026, from Rs 8,317.5 crore a year earlier. Equity strengthened to Rs 4,958.7 crore, while borrowings increased to Rs 3,112.8 crore, reflecting a higher reliance on debt to support operations.
Cash flows told a mixed story. While financing activities generated Rs 83.9 crore, operating cash flow remained negative at Rs -24 crore, highlighting ongoing pressure on core cash generation. Cash and cash equivalents, however, improved to Rs 33.9 crore from Rs 1.8 crore.
The numbers point to a company in transition growing revenues, trimming losses, but still grappling with structural cost pressures. In a sector where scale often comes at a price, Network18 seems to be inching towards balance, one quarter at a time.
