The typical patent troll scheme goes like this: buy silly patent; find big company using tech similar to patent; sue big company; get nice payout from big company that doesn’t want to waste time fighting a dumb patent case; repeat.
The dream of teledildonics, or having sex over the internet using remote-controlled sex toys, has been around since the 1990s. Every once in a while, new companies try to perfect the technology, so that you can enhance your sexting with a little something extra. But now the dream is about to die — thanks to patent…
Google’s legal team has just announced that they’ll be buying as many patents as possible in order to “remove friction from the patent market” and defeat patent trolls, companies that buy patents just to sue people on bogus charges of infringement. But there’s a big problem with this strategy.
Patent trolls can stymie innovation and bring otherwise successful companies to their knees. They’re also crazy, as John Oliver points out in this clip from Last Week Tonight.
Probably the worst thing about America's very broken patent system is the existence of patent trolls: companies that own intellectual property for the sole purpose of using it to sue other, actually productive, firms.
A handful of Brooklyn Law students working out of a tech-oriented legal clinic forced a patent troll to drop a meritless lawsuit. If more law schools set up pro bono patent litigation clinics, they could be potent anti-troll weapons — especially since many start-ups would rather settle lawsuits than pay huge legal…
Well, look who finally showed up to the patent party! The Federal Trade Commission announced on Friday that it has opened an inquiry into "patent assertion entities," a.k.a. patent trolls. Start popping some popcorn, folks. This could get good.
Newegg just took out one of the biggest patent trolls on the web. A troll so pervasive, it threatened to put out a mafioso lawsuit-insurance tax on basically every online retailer on the internet. Here's how it happened, as told in a great writeup over at Ars Technica.
VirnetX is not a company that, strictly speaking, makes things. It is, instead, a company that collects patents the way joyless millionaires collect hermetically sealed comic books: for profit. And while it just scored an impressive $368 million in a successful Apple lawsuit, it's not stopping there. It's out for a…
Tim "I helped invent the Internet" Berners-Lee testified before a federal jury earlier this week, tearing into the validity of a key patent Eolas Technologies' was exploiting to sue multiple web companies for $600 million. He must have been persuasive because the court took mere hours to reach its decision.
Sisvel International, the notorious IP management firm that made headlines in 2010 by teaming with Apple and Siemens to call in a police raid at the CeBIT trade show, is rearming itself. The company announced yesterday that it has acquired hundreds of Nokia-owned wireless patents. Who's ready for some litigation?
How's your Friday the 13th? It's probably going better than James Thomson's, whose legal woes are playing out in real time over Twitter today.
An obscure company has filed suit in a patent infringement-friendly Texas district against Apple and several other companies it for what it contends is—wait for it—patent infringement related to touchpad technology.
• The FBI wants to install 150 digital billboards in 20 US cities in the next few weeks to show fugitives, missing people and gadget bloggers. [Network World]
• Oft-discussed Radiohead will have a live webcast concert at midnight on January 1. It's almost cool to stay home on New Year's Eve now. [Pitchfork]