Google Stock Forecast: Why Google Will Lose Versus Oracle’s Java Copyright Infringement Case

The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.

Summary:

I Know First has bearish algorithmic forecasts for Google’s stock. This could be due to its recent legal setback against Oracle.
Oracle filed a copyright infringement case in 2010 against Google’s unlicensed use of Java APIs to develop its Android Operating System.
The U.S. Court of Appeals has ruled that Oracle-owned Java APIs are copyright-protected. The case has been remanded to a California federal court to determine damages.
This verdict is eerily similar to the recent ruling upholding Marvin Gaye family’s victorious copyright infringement case against Robin Thicke’s Blurred Lines.
Unless the U.S. Supreme Court reverses this latest ruling, Google is now at risk of paying the $9.3 billion that Oracle wants in punitive damages.