Apple, Google Find Common Ground

Apple and Google have partnered in a $500 million deal to purchase Eastman Kodak's patents, Bloomberg News reports. The 1,1000 imaging patents went up on the auction block after the 100-year-old company filed for bankruptcy. The two had previously been on separate teams bidding for the intellectual property. The Apple-led group had Microsoft in its corner. Neither company confirmed the partnership, according to Bloomberg.

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