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US Inventor Arguments for Opposing the Pride in Patent Ownership Act Fall Short on the Merits

IP Watchdog

Last September, a bipartisan pair of Senators introduced the Pride in Patent Ownership Act, which, if passed, would add greatly-needed transparency to our patent system. Right now, inventors, businesses, and other interested members of the public often have to undertake time consuming and expensive litigation to determine who owns a patent.

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Brazilian Lawmaker Introduces Bill to Allow AI as Inventor

IP Watchdog

On February 20, 2024, a Brazilian congress member, Antônio Luiz Rodrigues Mano Júnior (known as Júnior Mano), introduced a bill to amend the national IP Statute (Law #9,279/96) and regulate the ownership of inventions generated by artificial intelligence systems.

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The Pride in Patent Ownership Act is Big Tech Boondoggling

IP Watchdog

The Pride in Patent Ownership Act, S.2774, Attaching the Pride in Patent Ownership Act to the NDAA means it will certainly become law. Attaching the Pride in Patent Ownership Act to the NDAA means it will certainly become law. 2774, is currently being attached to the National Defense Authorization Act (NDAA).

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Decoding Patent Ownership beginning with Core Principles

Patently-O

by Dennis Crouch In a recent decision, the Federal Circuit vacated a district court’s grant of summary judgment that an inventor, Dr. Mark Core, had automatically assigned a patent associated with his PhD thesis to his then-employer and education funder TRW. Core Optical Techs., Nokia Corp. , 23-1001 (Fed. May 21, 2024). 2d 1568 (Fed.

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Alleged Co-Inventor Not Bringing Home the Bacon This Time

The IP Law Blog

Well, it turns out that not all contributions count when it comes to being an inventor of a patent for a better method of precooking bacon. In 2021, HIP sued Hormel, challenging Hormel’s ownership and the inventorship of U.S. Also, Howard was not named as an inventor. The dispute arose between HIP, Inc. (“HIP”) Iolab Corp.

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[Guest post] Ownership of IP rights by DAOs – the future is nigh?

The IPKat

Here's what Marianna writes: Ownership of IP rights by DAOs – the future is nigh? Ownership of IP In a recent curious example, Spice DAO paid $3 million for an original 1975 copy of the Dune bible by Alejandro Jodorowsky. Such ownership sometimes arises “automatically” when a work has been created in the course of employment.

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Ownership Still In Dispute Of Co. Owed $143M In Bitcoin Fight

IP Law 360

A Florida federal judge declined to wade into a dispute over the ownership of a company created by self-professed bitcoin inventor Craig Wright and a deceased computer forensics expert, instead saying the court's role is to merely help the company collect a $143 million judgment against Wright.