Intellectual Property News Recap
Interesting and Relevant IP-Related News
Provenance Setting Up Nokia IP Shield
A Novel Defence Strategy, but will the Patent Values Decrease?
Nokia’s portfolio has grown in a number of ways, from “normal” filings to acquisitions such as Alcatel Lucent, and from joint ventures. This has led to a portfolio with many patents which are non-core for their own protection. Nokia offloaded some 4.5k patent families to Provenance Asset Group who are now setting up a novel defensive scheme with the IP. Companies can purchase licenses to use a patent for defensive purposes, with the license only covering them for use against a named target. This allows the patents to be licensed to a great many parties before conflicts arise. Anyone wishing to have this right to defense using the patent must pay either 100k/year for one use against one target or $500k/year if they want exclusive rights to any given “slice” of the portfolio.
Why it Matters
This is another interesting use of patents, and a means of providing defensive cover without committing to a full purchase, and the subsequent maintenance, of a large number of patents. It could also be useful for someone wishing to rapidly counter-sue and aggressor as there is a chance they could close the deal quickly. However, the best assets could become very encumbered very quickly if the scheme is a success, which could reduce the value of the patents.
Blockchain Technology Applications for Intellectual Property
Will the IP Market Adopt the Technology?
Blockchain technology looks to be the real game changer to have emerged from Bitcoin, with many industries looking to find applications of the distributed ledger technology. This month, both IPWatchdog and Lexology have looked at how the tech could be applied to the IP market. The world of IP is well suited to blockchain as the chain of events could help track ownership of IP, which can be somewhat hard to track (a fact that is actively exploited by some NPEs with vast networks of shell companies). The tamper-proof records could allow a product to have the associated IP linked to it, to help pay licenses on a per-use basis if the plays are written to the chain in e.g. music streaming, or even for proof of ownership and date of creation record keeping purposes.
Why it Matters
It is a novel approach and, if implemented, could produce a useful overhaul for the way IP records and contracts are managed. It is somewhat futuristic though, and for the time being it is more likely that blockchain will only make a dent in the IP market via filings related to its usage.
Some Spooky IP
We at Clearview IP have had a hunt for the spookiest patent art we can find for you this Halloween. First up, we have this mask, to help you simulate a bleeding face, which seems to be rather disturbing.
Next up we have a jack in the box with a realistic looking rubber figure that pops out, and the other diagrams even show him attached to motors for additional scariness.
And finally, we have something that doesn’t look like it is intended to scare, but is certainly spooky, a Portable tomb for resurrection from mummified tissue DNA. If a portable tomb isn’t spooky then I don’t know what is. Happy Halloween!
Other IP News Stories
- Patent Mistakes Commonly Made By DIY Inventors
- The rise of split payments spike patent apps for partial payment technology
- Sony Seeks Blockchain Patent for User Authentication System
- A better way to make your tea
- Amazon patent drones which charge your electric car while you drive
- WIPO and pharmaceutical industry joining forces to improve meds patent info
- IPRs unduly harm patent holders and benefit big tech infringers
- Pablo Escobar’s Brother Wants $1 Billion for Trademark Dispute with Netflix
- Unlocking Examiner Rejections: Using Forward Citations Strategically in Prosecution, Litigation and Due Diligence
- VirnetX wins nearly $440 million verdict against Apple, including willful infringement damages
- The Trademark Management Process: Getting it Right in Challenging Times
- Questions Raised by the Lexmark Decision
- Tax Reform to Revive the American Innovation Culture
- Protecting Branded Apparel IP Assets: Pursuing Counterfeiters and Their Profits
- Qualcomm enters into 3G/4G license agreement with Turkish smartphone firm
- Strategies for Turning Intangible Assets into Profits: What Every Corporation Needs to Know
- Ironworks files new complaint against Apple asserting patents covering tactile feedback, ringtone silencing tech
- Fortune’s misguided screed on patent trolls misrepresents patent owner Blackbird Technologies
- Facebook announces three firms will integrate with Rights Manager for automated protection of copyrighted content
- Qualcomm’s Antitrust War and The Patent Licensing Issues
- The changing face of university technology transfer
- How blockchain is critical to the securitization of IP
- Blackbird Technologies Settles Patent Infringement Case Concerning Exercise Equipment
- Snap-On to Appeal $28 Million Patent Infringement Award
- Blockchain’s applicability to Intellectual Property Management
- An Empirical Look at the ‘Brokered’ Market for Patents
- The US market is on course to see 30,000 patents up for sale this year, says AST CEO
- Via launches LTE patent bank as it continues to push into mobile
Other Tech News Stories
- Twitter bans Russia Today and Sputnik from advertising on its service
- Uber is getting into the credit card business
- Walmart is rolling out shelf-scanning robots in stores, but says they won’t replace people
- Saudi Arabia bestows citizenship on a robot named Sophia
- Amazon debuts Cloud Cam and Key to take on Nest, August and others in home security
- Apple doubles down on wireless charging with its latest acquisition
- Microsoft finally kills off the Kinect, but the tech will live on in other devices
- Delphi buys Nutonomy for $400 million to scale and deliver autonomous vehicles
- LinkedIn boosts its messaging with smart replies, pre-written, AI based interactions
- Cisco scoops up BroadSoft for $1.9 billion to boost communications tools portfolio
- Apple and GE announce a deep partnership
- Major Wi-Fi vulnerability inspires panic
- Baidu sets 2021 targets for mass production of autonomous vehicles
- Facebook reveals standalone VR headset and more at Oculus Connect
- Airbnb Chinese rival raises $300 million