July 6, 2012 |
Yahoo and Facebook have put down their arms and are settling a bitter legal fight over patents, preempting a nasty court battle between two Silicon Valley giants who used to be on much friendlier terms. The truce calls for a deeper advertising partnership between the companies and cross-licensing of patents, but no money will change hands, according to All Things D which was first to report the news. Charging a violation of patents, Yahoo, at the direction of since-ousted Chief Executive Scott Thompson, sued Facebook, one of its biggest rivals for advertising dollars, in March, two months before the social networking company's stock market debut.
September 6, 2012 |
SEATTLE - Darth Vader is supposed to be menacing. But when Horacio Gutierrez, Microsoft's deputy counsel of intellectual property and licensing, dressed up as the ominous Star Wars Sith Lord one Halloween? Not so much. "I've never seen a happier Darth Vader," said Gutierrez's boss, Microsoft general counsel Brad Smith. In some ways that image captures perceptions of Microsoft in the patent battles now raging among tech companies - and Gutierrez's role in them. Microsoft has signed a number of licensing agreements with - or filed lawsuits against - companies it says infringe on its patents, most notably manufacturers of devices using Google's Android operating system.
March 22, 2012 |
Are you struggling with a multiremote system at home? Do you wish you could control your television, DVR and DVD player with one single remote that wouldn't be a pain to program? Do you think that remote should be your iPhone? Then get psyched: On Thursday Patently Apple turned up a patent filed by Apple that shows the company is hard at work designing the remote control of your dreams. Apple's patent, which the company filed in the third quarter of 2010, would allow you to take a picture of an existing piece of electronic equipment - your television for example, and send it to the iCloud, where Apple would determine the type of device you want to control as well as the make and the model of that device.
January 25, 1999 |
A Pasadena company plans to launch the first Internet-based auction for patented intellectual property. Patent & License Exchange, or PLX, said it will open its site this summer, allowing patent holders to find buyers for the patents through an auction format. The company hopes to take advantage of the growing online business-to-business market that many believe will eclipse online retail applications.
April 23, 2012 |
It seems patents have been playing an increasingly crucial role in the business ecosystem. Microsoft just flipped to Facebook for $550 million a portion of its recent $1-billion bundle buy of patents from AOL. The companies said Facebook is buying about 650 of the 925 patents and patent applications. "It is interesting to see that Microsoft paid $1.14 million per patent property while Facebook paid $850,000 for part of the...
April 9, 2012 |
AOL's surprising sale of 800 patents to Microsoft for about $1.06 billion gives the company a cash infusion that Wall Street seems to like. Although neither company is saying what the patents cover, what Microsoft actually bought was leverage. "Patents are nothing but a license to sue," to exclude others, said Alexander Poltorak, chairman and chief executive of General Patent Corp. A license to sue, but an opportunity to strike a deal. "Only [between] 3 and 4% of patent lawsuits end up in trial," with most ending up in an arrangement beneficial to both companies, he said.