Shares in Singapore-based Creative Technology surged on Thursday after the company and Apple Computer resolved a long-running patent dispute.Creative’s stock closed at S$11.40 (US$7.25) on the Singapore Exchange, up 19 percent on the day. Earlier in the session it had climbed as high as S$13.20.Under the terms of an agreement announced earlier in the day, Apple will pay Creative US$100 million for a license to use a patent covering the user interface. The deal ends all litigation between the two companies, which had grown to five pending lawsuits.Additionally, Apple can license the patent to other companies, and Creative will later this year start making iPod accessories under Apple’s “Made for iPod” program. Related Link: Apple to Pay Creative $100M to End iPod DisputeCheck out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content brandpost Sponsored by SAP What goes well with Viña Concha y Toro wines? Meat, fish, poultry, and SAP Viña Concha y Toro, a wine producer that distributes to more than 140 countries worldwide, paired its operation with the SAP Business Technology Platform to enhance its operation and product. By Tom Caldecott, SAP Contributor Dec 04, 2023 4 mins Digital Transformation brandpost Sponsored by Azul How to maximize ROI by choosing the right Java partner for your organization Choosing the right Java provider is a critical decision that can have a significant impact on your organization’s success. By asking the right questions and considering the total cost of ownership, you can ensure that you choose the best Java p By Scott Sellers Dec 04, 2023 5 mins Application Management brandpost Sponsored by DataStax Ask yourself: How can genAI put your content to work? Generative AI applications can readily be built against the documents, emails, meeting transcripts, and other content that knowledge workers produce as a matter of course. By Bryan Kirschner Dec 04, 2023 5 mins Machine Learning Artificial Intelligence feature The CIO’s new role: Orchestrator-in-chief CIOs have unique insight into everything that happens in a company. Some are using that insight to take on a more strategic role. By Minda Zetlin Dec 04, 2023 12 mins CIO C-Suite Business IT Alignment Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe