Joe Mullin for Ars Technica:
Vringo is a tiny company that purchased some patents from Lycos, an old search engine, in 2011 and then used those patents to sue Google. In December 2012, Vringo won $30 million in a jury trial, but that was far less than the hundreds of millions it was seeking.
Today, Vringo got the payout it was looking for: a 1.36 percent running royalty on US-based revenue from AdWords, Google’s flagship program.
What a sorry state the US patent system is in…