Detroit 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, […]
Time 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 […]
Inc. 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 […]
Recently, 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?
In today’s continuously evolving environment, a well curated patent portfolio can have an incredible influence on success.
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.”
“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
“Joining in with initiatives such as LOT may reduce some of the risk associated with NPEs and other aggressive licensors.”
“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 […]
“Now a who’s who of technology, automobile and other companies has banded together in a novel approach seeking to thwart patent trolls. LOT Network counts Google, Canon, Dropbox, Ford Motor Co., GitHub, JP Morgan Chase, Pandora, Pure […]