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Detailed text transcripts for TV channel - FOXNEWS - 20120730:19:46:00

That could be telling. that is a huge thing. it is not just the $2.9 billion in damages, but hundreds of billions if revenue that samsung will miss out on. trace: they are asking damages from apple, as well, so if apple loses, it would cost them a pretty penny at the same time. shepard: thank you. a little more than two weeks after an alligator bit off his hand a boat captain from florida is face charges of unlawful feeding. witnesses say the captain was offering the animal some fish at the time. the alligator was not in the mood for filibuster. instead it took a liking to his left hand. now, the captain could face $500 in fines and possible jail time because feeding alligators is a misdemeanor in the second ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120730:19:44:00

Ripping off their designs. apple claims samsung copied the design, the touch screen technology you see on every smartphone. samsung denies the charges claiming that town screens have long been the industry standard. apple is demanding $2.5 billion in damages. if it wins, that is the largest patent verdict ever. trace has the news from the west coast. trace, it is my understanding jury selection is underway right now. trace: they are at lunch but a jury of ten will decide the case. it is interesting because the judge has the power to overrule the jury if she believes they made the wrong decision, it is a very high-tech case but as you said, a very simple premise that apple thinks samsung ripped off the design. they plan to show in court when people walk into a best buy store, they believe the sam punk galaxies are ipads and samsung part moan is an iphone. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120730:19:45:00

And samsung apple cannot patent a black triangle, like patenting the shape of an airplane. but experts say this should actually be decided in the marketplace, not the courtroom. let consumers decide. let they buy what they want. you cannot kill products through the law. you have to kill them through competition and innovation. unfortunately, i don t think this is going to stop. trace: opening statements begin some time tomorrow morning. the trial should last around four or five weeks. shepard: any indication about who may have the edge? trace: i don t think there is any argument apple revolutionized the smartphone and the tablet. the experts say apple was first in the game so apple would have the edge. but the judge in this case has issued an injunction telling samsung to stop selling their tap tablet nationwide. ....

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Detailed text transcripts for TV channel - FOXNEWS - 20120730:19:43:45

Detailed text transcripts for TV channel - FOXNEWS - 20120730:19:43:45
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