In today’s intellectual property law update, the USPTO (United States Patent and Trademark Office) announced that their electronic system will again be down for maintenance for the entire weekend. Strike 3 Holdings, a prolific adult movie producer, who filed almost 2,000 copyright infringement lawsuits last year, has seen more of its copyright lawsuits dismissed for Read more about Intellectual Property Law Update[…]
Bitcoin and Block Chains Over the past several years, blockchain and block chain technologies, like Bitcoin and Ethereum have been the latest examples of disruptive technologies. A disruptive technology is a technology which has the potential of shaking up established businesses and forming the basis of brand new innovations. Block Chain is talked about as Read more about Block Chain Patent Applications face familiar hurdles[…]
Plant Patent Protection Pepsi has sued four farmers in India for growing potatoes which are protected in India under the Protection of Plant Variety and Farmers Right Act (PPV). The PPV was enacted in 2001 and was supposed to be pro farmer. Under the PPV, registration of a plant variety provides exclusivity to produce, sell, Read more about Potato Dispute over Plant Patent in India[…]
How to Patent an Idea Making money off of your million dollar idea, can be rewarding, but it is not easy. Often times, to become successful, an inventor must build a business around their new product idea, or they must sell their idea to another company. Making millions of dollars off your first idea takes Read more about How to Patent an Idea (4 steps)[…]
On January 22, 2019, the Supreme Court ruled that a commercial sale of a chemotherapy drug to a third party who agreed to keep the invention confidential, was enough to trigger the On-Sale Bar and prevented the inventor from suing for patent infringement. The sale of the invention placed the invention “on sale” and because Read more about Recent Supreme Court On-Sale Bar Case[…]
Software Patents Protection and Enforcement of Software Patents is on the rise as a result of recent changes at the Patent Office and from the Courts. As a result, it may be a good time to protect your software with a Software Patent Application. Patents protect inventions if they fall into one of four general Read more about Software Patents (Revisited)[…]
Patents Protect Your Business Patents are usually considered as being the holy grail for inventors with sometimes strange or wacky ideas. However, Patents are more often used by businesses and can provide a savvy entrepreneur with significant growth opportunities. Many businesses can benefit from protecting their technology or innovation from competitors, including those in manufacturing Read more about How Patents Protect Your Business[…]
Race to File a Patent Application Why would an inventor file a patent application covering a blockchain? Recently, many American and Chinese inventors have filed for patent applications covering blockchain technologies. IBM recently was awarded a blockchain patent (US Pat. No. 10,091,228) for detecting network security breaches. Currently, IBM has 89 blockchain patents, while Alibaba Read more about Racing to file a Patent Application for Blockchains[…]
IBM Patents add almost 1.2B to IBM’s revenue. That’s 1.19 billion dollars to IBM’s revenue as a result of its intellectual property licensing. This also includes 82.5 million which a jury recently awarded to IBM in a patent infringement suit against Groupon for infringing four of IBM’s e-commerce patents which were awarded back in the Read more about IBM patents add 1.2B to revenue[…]
What is a Patent? Patents are basically ownership of a tool, product, or process and once ownership of a patent is obtained, anyone hoping to use the patent must pay the owner money which is typically provided under license. This payment is sometimes referred to as a royalty. Ownership of a patent is like owning property and Read more about What is a Patent?[…]