Yup, it happened.
http://www.cnbc.com real time app for iPhone.
Gizmodo now reports it...
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Despite an encouraging sign on the jobs front — nonfarm payrolls jumped by 290,000 in April, the fastest pace in four years — investors unwound their recovery plays, selling off technology, industrial and consumer-discretionary stocks.
Selling in techs accelerated following news that Nokia [NOK 10.62 -0.60 (-5.35%) ] is suing Apple [AAPL 237.15 -9.10 (-3.7%) ] over patent infringements.
http://www.cnbc.com real time app for iPhone.
Gizmodo now reports it...
Nokia has sued Apple today, claiming that the iPad and iPhone infringe on five of its patents. The two companies have been throwing lawsuits back and forth for months, making this just the latest salvo in an increasingly bitter feud.
The specific technologies cited by Nokia include enhanced speech and data transmission, using positioning data in applications, and antenna configuration enhancements.
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