Two Apples settle long standing dispute

Apple Inc. of Cupertino and The Beatles’ company Apple Corp. Ltd. of London have settled a long standing dispute about the use the Apple name and logos. Apple Inc will own all of the trademarks but will will license certain of those trademarks back to Apple Corp. for continued use. According to the San Jose Business Journal, details of the settlement were not disclosed: “We love the Beatles, and it has been painful being at odds with them over these trademarks,” said Apple CEO Steve Jobs. “It feels great to resolve this in a positive manner, and in a way that should remove the potential of further disagreements in the future.”