31–40 of 193 posts
Good. There are few things which can effect change better than billionaires in fear of losing hundreds of millions of dollars a year. When it happens to small fry you lament because they can't do anything to change and end up settling to save themselves or losing and losing everything. When it happens to the 55th largest company you rejoice because they have the power and motivation to change the rules.
There's near-endless bitching and whining about Google being evil these days, but even today nobody sinks as low as Microsoft.
Sometimes I wonder if I am witnessing America's greatness in action, or the unraveling of it.
"While publicly-traded Vringo" - hum, somehow they have a market cap of $332.30M.
A hostile take over might be cheaper than paying royalties.
Good. There are few things which can effect change better than billionaires in fear of losing hundreds of millions of dollars a year. When it happens to small fry you lament because they can't do anything to change and end up settling to save themselves or losing and losing everything. When it happens to the 55th largest company you rejoice because they have the power and motivation to change the rules.
ever the optimist eh?
Good. There are few things which can effect change better than billionaires in fear of losing hundreds of millions of dollars a year. When it happens to small fry you lament because they can't do anything to change and end up settling to save themselves or losing and losing everything. When it happens to the 55th largest company you rejoice because they have the power and motivation to change the rules.
I've been wrong before, but not usually that wrong.
Vringo isn't your average patent troll and actually has a fascinating back story and history behind it. Here's a good link to understand the background. http://techcrunch.com/2012/03/31/why-google-might-be-going-t...
Wow the Microsoft angle is pretty corrupt. They paid the plaintiff a million bucks plus 5% of the judgement they get against Google, effectively bankrolling their lawsuit and putting a patent troll on commission. There's near-endless bitching and whining about Google being evil these days, but even today nobody sinks as low as Microsoft.
Article makes no mention of the validity of the patent. Does the court not take that into question?
Specifically, Vringo states, yesterday the USPTO "mailed a notice that it will issue a certificate confirming that all of the claims of U.S. Patent No. 7,775,664 challenged by Google remain valid and unchanged." For those of you keeping track, this is the second of two patents -- the first of which was validated in a similar decision in July -- which had been the subject of a contentious, long-standing legal battle between Vringo and the likes of AOL, Google, IAC/Interactive, Gannett, and Target. Now that both patents have been validated, it paves the way for Vringo to collect royalties
Even if you hate Google, this is a pretty raw deal for the industry.