It looks as though Nissan has become the latest member of the License On Transfer (LOT) Network. The website of the defensive alliance, whose members pledge to grant a licence to all other members anytime they transfer a […]
In Return of the Jedi, Yoda tells Luke “Once you start down the dark path, forever will it dominate your destiny, consume you it will.”
Luckily for me, this didn’t apply to the patent world.
Law360, New York (May 20, 2016, 11:33 AM ET) —
The patent wars that rage in the tech industry are full of high stakes and high drama: Corporations engage in messy, drawn-out fights and small companies find themselves […]
Big banks and credit card companies, looking to protect their investments in innovation, have accelerated efforts to patent methods linked to key technologies. Since 2013 large financial institutions have applied for at least 2,679 patents in hot areas […]
Global financial services have become a persistently attractive sector for innovators. But on the flip side, unfortunately, fintech startups find themselves particularly vulnerable to patent abusers.
Uniting with other tech companies can make fighting a PAE possible in the first place and enable a defendant to wage a more effective fight.
2015 was one of the worst years on record for patent troll lawsuits.
Most of the lawsuits that snagged headlines involved tech titans – Apple, Google, Microsoft, Facebook, Amazon – but small and medium sized businesses (SMBs) were far […]
“There are a number of non-profit and for-profit organizations, such as the LOT Network, Symmetry and Unified Patents that help businesses on how to protect, defend, and even go on the offensive against trolls.”
“If a supplier participates in LOT Network, it shows that they’re concerned about the patent troll problem and are committed to working against it. It elevates the level of trust we have with that supplier and reduces […]
“Our company is a member of LOT Network…Community cooperation has benefits for automakers and suppliers alike. Reducing what we spend on PAE litigation means that we can put those funds toward innovation.”