Samsung and SK Hynix Shares Jump After Micron Earnings Boost AI Chip Optimism 
Oil Prices Drop as Middle East Supply Recovery Eases Market Concerns 
Samsung Electronics Stock Surges on Report of Massive $59 Billion Share Buyback Plan 
Gold Drops Below $4,000 as Strong US Dollar and Fed Rate Hike Expectations Pressure Bullion 
DOJ Opens Investigation Into NYC Coffee Shop Over Anti-Goldman Social Media Post 
Asian Stocks Slide as AI Rally Pauses, South Korean Chipmakers Lead Regional Decline 
Yen Near 40-Year Low as USD/JPY Approaches Key 162 Level, Raising Intervention Concerns 
Singapore Inflation Stays Muted in May as Core CPI Misses Forecasts Ahead of MAS Review 
Kioxia Targets U.S. Listing as AI Chip Boom Accelerates 
Australia Inflation Cools in May, But Core CPI Keeps RBA Rate Hike Risks Alive 
U.S. Dollar Reaches One-Year High as Tech Sell-Off and Fed Rate Hike Expectations Support Demand 
Trump Requests $11 Billion More in Farm Aid as Rising Costs Pressure U.S. Farmers 
Wall Street Ends Mixed as Tech Stocks Struggle Ahead of Micron Earnings 
FedEx Stock Drops After Weak 2026 Earnings Forecast Despite Strong Q4 Results 
Malaysia Central Bank Moves to Support Ringgit Amid Foreign Fund Outflows 
Alibaba Shares Fall After Anthropic Alleges Massive AI Model Distillation Campaign 
WiseTech Global Denies Knowledge of Investigation Into Founder Richard White 
Google wins in its court battle against Oracle based on the decision of the U.S. Supreme Court that was handed down on Monday, April 5. The Alphabet subsidiary has been involved in a copyright dispute with the California-headquartered software company since 2010.
Why Google and Oracle end up in court
The case started when Oracle sued Google and filed in San Francisco federal court. Oracle was seeking $8.8 billion in damages after arguing that the Java programming language's application programming interfaces (APIs) owned by Oracle were used on Google’s Android operating system. The software company insisted the APIs used were copyrightable, so there was an infringement violation.
As mentioned in Associated Press News, to make Android that was launched in 2007, Google wrote millions of lines of new computer code. However, it also included 11,330 lines of code that are from Oracle's Java platform. Google admitted it did use the APIs but stated that it was within the fair use policy.
Two district courts ruled in Google’s favor, but the Federal Circuit court overturned the decisions, saying the APIs' use, in this case, does not fall under fair use.
Google’s appeal at the Supreme Court
In 2018, Google appealed the ruling, and the case was brought to the Supreme Court. The case was delayed due to the COVID-19 pandemic, and finally, this week, the Supreme Court ruled that Google’s use of Oracle’s Java APIs was within the scope of fair use. The votes for this ruling were 6-2 and effectively overruled the Federal Circuit’s decision.
The justices ruled 6-2 in favor of Google, and two conservative justices dissented. Justice Stephen Breyer wrote in the decision that the justices at the Federal Circuit made the decision "for argument's sake, that the material was copyrightable."
He added, "But we hold that the copying here at issue nonetheless constituted a fair use, hence, Google's copying did not violate the copyright law."
On the other hand, in dissent with Justice Samuel Alito, Justice Clarence Thomas wrote in the Google LLC v. Oracle America Inc., 18-956 case, "Oracle's code at issue here is copyrightable, and Google's use of that copyrighted code was anything but fair."
