Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
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Re: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
#2> Even though there was no evidence of copying—Vringo admitted as much
What a ridiculous system we all operate under. You come up with a mathematical formula for ranking some text on a page (in this case, what ads to show first), and you could now owe $250M/year to some company you've never heard of because they already bought the rights to that formula. It turns my stomach; sorry that I have nothing of more substance to add to this story.
Re: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
#3Just hundreds of millions? Is that only going forward or is it retroactive? If it's the latter, I'd expect that number to be much, much higher.
Re: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
#4Disgusting, what a broken system. Can anybody actually defend such a system and explain how it promotes innovation?
Re: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
#5Sometimes I wonder if I am witnessing America's greatness in action, or the unraveling of it.
Re: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
#6"While publicly-traded Vringo" - hum, somehow they have a market cap of $332.30M.
Re: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
#7Is there any push right now to enact legislation that makes patent litigation available only to entities that actively participate in the relevant marketplaces? It doesn't seem like there is, but maybe I'm not that informed in these affairs.
Re: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
#81.36% of AdWords Revenue? That is a lot of money. I don't see how they are entitled to that amount in any way.
Re: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
#9Disgusting, what a broken system. Can anybody actually defend such a system and explain how it promotes innovation?
It seems to be pretty well established now that this system does not support innovation (at least not in the software business.
If the benefit of society as a whole is the objective then inventions are only worth protecting if they would not have occurred without such protection. An idea clearly does not fall into that category, it's worth is in the execution and not in "having it".
Re: Court: Google infringed patents, must pay 1.36 percent of AdWords revenue
#10> US-based revenue from AdWords, Google's flagship program
Given Google's structure and revenue recognition, I'd be surprised if they had to pay out anything significant.