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This week in Other Barks & Bites: the Cloud Native Computing Foundation launches a patenttroll bounty program to protect the open-source computing community; the European Patent Office announces Russia Patent Requests will be denied as part of sanctions; and Sweden becomes the first country in the world to file a trademark for its name.
The term ‘PatentTroll’ originated in 1994 in an educational video by Paula Natasha Chavez called the ‘Patents Video.’ ’ A patenttroll is a term used for describing a company that uses PatentInfringement claims to win arguments and court judgments for profit or to stifle competition.
Introduction Patenttrolls are entities that do not actively develop their inventions but instead acquire patent rights for obvious inventions to prevent others from working on them or to collect licensing fees. In a way, patenttrolls serve a purpose, much like lawyers.
The PatentInfringer Lobby has ramped up banging the drum about “patent quality.” They dedicated a week-long campaign to questioning "patent quality,” which its constituents regard as a huge problem. Patent and Trademark Office (USPTO) Director Andrei Iancu left the building.
Individuals and companies commonly engage in the strategic purchasing of critical blocking patent portfolios. For example, the rise of patenttrolls, who litigate cheaply-bought patents, use the IP system as a legal weapon. Moreover, damage demands in litigation cases involving IP are rising.
Others have accused him of being a “patenttroll” based on the broad interpretation of his patents and his litigious enforcement activity. His entities have filed a whopping 1,249 patentinfringement lawsuits with 23 of those pending. This certainly qualifies as a high volume patenttroll.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). Many high-volume NPEs are subsidiaries of a larger company that segregates liability by creating separate LLCs for each subset of their patent portfolio.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). Sockeye owns a pair of patents broadly related to controlling a “display device” with a mobile phone.
This is the latest in the series titled “NPE Showcase,” where we discuss high-volume non-practicing entities (or as some call them, “patenttrolls”). “Everyone infringes” is an NPE’s dream. Not all NPEs are patenttrolls. [2] Business was booming. But is this the case now?
Intellectual Property Challenges in AI: However, the rise of AI patents has also raised several challenges in the intellectual property (IP) landscape. While most patent offices, including the United States Patent and Trademark Office (USPTO), have ruled that AI cannot be listed as an inventor, the debate continues.
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