At patent trial, Groupon casts IBM as shaking down other tech…

(Reuters) – A lawyer for discount e-commerce company Groupon Inc told a court in Delaware on Thursday that International Business Machines Corp has shaken down practically every large tech firm for patent fees. IBM is suing Groupon for $167 million, accusing it of infringing four basic internet technology patents, in a case that is being closely watched by the tech industry.

Categories: News Feed Tags: Tags: ,

The Collapse of U.S. Patent Policy by a Supreme Court preoccupied with Patent Trolls – IPWatchdog.com | Patents & Patent Law

U.S. patent policy has collapsed at the hands of a Supreme Court preoccupied with patent trolls, who were not present in a single dispute they were asked to adjudicate. The U.S. increasingly forbids patents on cutting edge biotechnology, software, and other innovations. For this we have only the Supreme Court to thank.

Categories: News Feed Tags: Tags: , ,

Softbank unit launches $400M ‘patent troll’ fund

SoftBank’s Fortress Investment Group is raising a $400 million fund to sue tech companies over intellectual property infringement, The Post has learned. That’s despite the fact that SoftBank – controlled by Japanese billionaire Masayoshi Son – has a $100 billion Vision fund that invests in exactly the kinds of companies targeted by so-called “patent trolls” that haven’t created successful businesses with their intellectual property.

Categories: News Feed Tags: Tags: ,

Softbank unit launches $400M ‘patent troll’ fund

SoftBank’s Fortress Investment Group is raising a $400 million fund to sue tech companies over intellectual property infringement, The Post has learned. That’s despite the fact that SoftBank – controlled by Japanese billionaire Masayoshi Son – has a $100 billion Vision fund that invests in exactly the kinds of companies targeted by so-called “patent trolls” that haven’t created successful businesses with their intellectual property.

Categories: News Feed Tags: Tags: ,

Canada’s National IP Strategy Stoking Fears About Patent Trolls – IPWatchdog.com | Patents & Patent Law

Canada’s federal government announced a new National Intellectual Property Strategy. The strategy is aimed at facilitating an innovation ecosystem within Canada by raising IP awareness among Canadian entrepreneurs and increasing regulations on patent and trademark agents operating within the country.

Categories: News Feed Tags: Tags: ,

Patent ‘Death Squad’ System Upheld by U.S. Supreme Court

The U.S. Supreme Court upheld an administrative review system that has helped Google Inc., Apple Inc. and other companies invalidate hundreds of issued patents. The justices, voting 7-2, said Tuesday a U.S. Patent and Trademark Office review board that critics call a patent “death squad” wasn’t unconstitutionally wielding powers that belong to the courts.

Categories: News Feed Tags: Tags: ,