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LOT Network in the News

GM and Honda park in the LOT Network

legaltechnewsGeneral Motors and Honda have become the latest members of the growing LOT Network, the Google-led patent initiative that aims to combat so-called litigious ‘patent trolls’.

Honda Motor Co Ltd (NYSE:HMC) And General Motors Company (NYSE:GM) Join Patent Pact Led By Alphabet Inc (NASDAQ:GOOGL)

legaltechnewsGeneral Motors Company (NYSE:GM) and Honda Motor Co Ltd (ADR) (NYSE:HMC) are the latest vehicle manufacturers to become part of a team of tech firms that use licenses to keep off patent assertion entities.

Why GM and Honda Just Joined a Google-Led Patent Alliance

legaltechnewsDetroit is afraid of patent trolls.

In another sign of the growing ties between Detroit and Silicon Valley, more automakers are joining a network of primarily tech companies that use licenses to ward off so-called “patent trolls.” The trolls, […]

America’s Next Big Export? Troll-Friendlier Patent Courts

legaltechnewsTime was the Eastern District of Texas was the global center for patent litigation. Companies from around the world went — or were dragged — to the tiny East Texas city of Marshall to slug it out in […]

“The Tech Blog Writer Podcast” Startup Stories – (Neil Hughes, Inc. Columnist):

legaltechnewsInc. Columnist Neil C. Hughes Interviews Innovative Startups, Tech Leaders, CEOs, Solopreneurs and Entrepreneurs. Sharing their startup stories and experiences to learn from their invaluable advice. As a tech blog writer, I created this podcast to add real […]

What Will Happen When the USPTO Releases its APIs to the Wild?

legaltechnewsRecently, United States Patent and Trademark Office (USPTO) Director Michelle Lee talked about releasing its APIs for patent data into the wild. What does this really mean?

Why Patents Still Matter, Even in a Fast-Paced Tech Environment

legaltechnewsIn today’s continuously evolving environment, a well curated patent portfolio can have an incredible influence on success.

Nissan, Toyota join ranks of Asian automakers flocking to defensive alliances

iamIt 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 […]

Why patent trolls won’t give up

iamIn 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.

Why Patents Still Matter In The Era Of Open Innovation

Law360-mini 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 Stake Fintech Claims With Patent Application Surge

iamBig 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 […]

Fintech patent trolls can’t be allowed to win

iamGlobal 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.

Good citizenship: Don’t just stop your PAE attacks, work together to stop them all

iamUniting with other tech companies can make fighting a PAE possible in the first place and enable a defendant to wage a more effective fight.

How to win the battle against patent trolls

iam2015 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 […]

Practical Tips For Combating Patent Trolls In 2016

techcrunch “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.”

Companies Can Inoculate Themselves Against Patent Trolls Through Their Supply Chain

techcrunch “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 […]

IP Threats and Collaboration in the Auto Industry

techcrunch “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.”

To Take Out Patent Trolls, Team Up

techcrunch “As of November 2015, LOT Network covers over 327,000 patent assets, including over 99,000 U.S. issued patents and applications. LOT members now have a permanent solution if any of those assets fall into the hands of a […]

Korea will need more than litigation risk reduction to put its IP rights balance firmly in the black

iam “Joining in with initiatives such as LOT may reduce some of the risk associated with NPEs and other aggressive licensors.”

How Tech Can Shut Down Patent Trolls

techcrunch “Conversely, patent trolls will not want to waste their resources going head-to-head with a warrior. Take Lee Cheng at Newegg, a lawyer who has earned a fierce reputation for fighting patent assertion claims to the death in […]