Quibi "Turnstyle" Lawsuit Settles, Will Transfer Mobile Tech to Eko - NewsBreak

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By Alexdemarco in Business
Updated 3 years ago

Quibi Holdings LLC, the holding company for Jeffrey Katzenberg's now-shuttered video app Quibi, will transfer its intellectual property and technology for a mobile video feature to Eko, an interactive media company, as part of a settlement to legal disputes each company had levied against one another last year. At the heart of the disputes was the "Turnstyle" video technology, which detects the orientation that a smartphone is in to determine whether video should be displayed in landscape or portrait mode. In March 2020, ahead of Quibi's launch, Eko claimed that it had invented the technology and Quibi was infringing on its...

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