Good news, but the last sentence of the article made me curious: > The total median awards to trolls is now nearly twice as high as those to legitimate patent holders, whose median reward fell about 30 percent to $4 billion, according to a 2013 report by PriceWaterhouseCoopers. I was wondering how they estimated this, so I checked out the report: > We collect information about patent holder success rates, time-to-tri…
> So, just to play the devil's advocate: are NPEs by definition patent trolls? I can't think of a counterargument, but maybe someone else can? There are lots of counter-examples. E.g. Mojave Aerospace Ventures (MAV): http://en.wikipedia.org/wiki/Mojave_Aerospace_Ventures . It's the patent-holding company that owns all the patents for Spaceship One. It's a vehicle to intermediate between the major investor, Paul Allen…
US Supreme Court declines to hear appeal by patent troll
51–60 of 91 posts
Re: US Supreme Court declines to hear appeal by patent troll
#52Re: US Supreme Court declines to hear appeal by patent troll
#53Earlier quoted context omitted.
And I hope the many companies that caved to this patent troll and paid it millions for claiming it owned the shopping cart now go after it to get all those millions back. With interest.
My understanding is that revenues get siphoned very quickly out of the shell company to avoid precisely that.
Re: US Supreme Court declines to hear appeal by patent troll
#54Earlier quoted context omitted.
I would surmise that most readers of Hacker News either use an ad-blocker or don't click on ads often/ever. Viewed in this light, traffic to the site from here might even be considered a cost!
Revenue is to be made on unique visitors and impressions. No clicks are required.
Re: US Supreme Court declines to hear appeal by patent troll
#55A few thoughts: 1. The Supreme Court declined to hear an appeal by Soverain from an adverse ruling by the Federal Circuit Court of Appeals that had determined the Soverain "shopping cart" patent to be invalid on grounds of obviousness. 2. The Federal Circuit's holding by a 3-judge panel had been remarkable and had shocked patent lawyers generally in that the parties before the court had not even raised the issue on a…
No, shopping cart is not and never was a non-obvious technology. It's a clever metaphor for the very common pre-computer business method of maintaining order line records for unconfirmed orders.
Re: US Supreme Court declines to hear appeal by patent troll
#56Re: US Supreme Court declines to hear appeal by patent troll
#57I guess this is why HN mods edit titles on submissions (although the original title is just as terrible). The Supreme Court did not side with anyone; they denied a petition to the court, which is the case for the vast majority of petitions. If they did accept this particular petition, this would not mean that the Supreme Court sides with the patent troll and the world is doomed; it simply means that the case deals wi…
I cut-and-pasted the original title, which now appears to have changed.
Re: US Supreme Court declines to hear appeal by patent troll
#58Good news, but the last sentence of the article made me curious: > The total median awards to trolls is now nearly twice as high as those to legitimate patent holders, whose median reward fell about 30 percent to $4 billion, according to a 2013 report by PriceWaterhouseCoopers. I was wondering how they estimated this, so I checked out the report: > We collect information about patent holder success rates, time-to-tri…
I think the canonical example of a NPE is ARM. They don't fabricate their own chips, but they license out their designs.
Re: US Supreme Court declines to hear appeal by patent troll
#59Re: US Supreme Court declines to hear appeal by patent troll
#60A few thoughts: 1. The Supreme Court declined to hear an appeal by Soverain from an adverse ruling by the Federal Circuit Court of Appeals that had determined the Soverain "shopping cart" patent to be invalid on grounds of obviousness. 2. The Federal Circuit's holding by a 3-judge panel had been remarkable and had shocked patent lawyers generally in that the parties before the court had not even raised the issue on a…