Snippet of Web posting mentioning '7-figure settlement' for 'iAds' trademark CNET reports that Apple appears to have settled a trademark lawsuit over the term 'iAds', reportedly paying a firm in excess of $1 million for the rights to the name it has used for its mobile advertising platform for the past several months. The revelation comes in an apparent slip from Consor Intellectual Asset Management, a firm that helps companies worth intellectual property issues, in the form of a promotional posting in which Consor touted its role in achieving the settlement for a client. Oddly, when CNET contacted Consor about the deal, the company initially denied that any such announcement had been made. Upon being informed that the information was freely available on the web, a Consor representative claimed that some of the information "wasn't accurate". The most likely explanation for Consor's attempts to distance itself from the release is that it erred in publishing details what was intended to be a confidential settlement with Apple over the trademark issue, although it is possible that Consor was in fact incorrect about the amount of money involved. Article Link: Apple Pays '7-Figure Settlement' in 'iAds' Trademark Lawsuit?