59% of blockchain patents are owned by developers; BofA and IBM dominate financial and tech players

More than half of U.S. blockchain patents are owned by blockchain-specific developers, while 20% are owned by financial institutions, led by Bank of America (see pie chart below). Number three, Fidelity, has about a third as many patents as BofA. Number two, MasterCard, some 50% fewer. 13% are owned by traditional technology businesses, led by IBM, which owns […]

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USPTO Director Iancu will keynote 2018 IPBC Global in San Francisco

An impressive group of speakers, sponsors and supporters, led by USPTO Director and Undersecretary of Commerce, Andrei Iancu, will be featured at the 11th global Intellectual Property Business Congress in San Francisco, June 10-12 at the Palace Hotel. Director Iancu has indicated that he will support the long-awaited move to greater certainty in the U.S. […]

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Family Entertainment: This “Rube” saw the future and its foibles

San Francisco-born Reuben Garrett Lucius “Rube” Goldberg, an American cartoonist, sculptor, author, engineer, and inventor, best known for satirical cartoons that depicted complicated devices that performed simple tasks in creatively complex ways. But Goldberg, born on July 4, 1883, was also a visionary, who saw the impact of personalized communications decades before it occurred. His […]

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Tax Cuts and Jobs Act: Some IP holders may benefit, most won’t

The Tax Cuts and Jobs Act of 2017 places some IP rights holders squarely in the sights of the tax collector, while providing others with an opportunity to license overseas without having to resort to international asset transfers to maximize returns. Patent, trademark and copyright owners of all sizes would be wise to revisit the […]

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Cong. Collins & Jeffries, and expert panel, will look at innovation policy and IP on May 8 in Washington

WASHINGTON, DC –– What is innovation policy? What does it mean to U.S. competition and jobs? Who is responsible for it? These are among the questions that will be addressed at an afternoon briefing held by the Center for Intellectual Property Understanding (CIPU) at the headquarters of the United States Chamber of Commerce headquarters in […]

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Blockchain patent applications doubled in 2017 to more than 1,200

 1,240 blockchain patent applications were filed worldwide in 2017, up from 594 in 2016 and 258 in 2015.  Among the leading filers were Bank of America, MasterCard, Goldman Sachs, Walmart, JP Morgan, and IBM. According to data collected by the Korean Intellectual Property Office, and reported in CryptoCurrency, more than 1240 applications for blockchain-related patents […]

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“Strong IP Drives the Bottom Line” is theme of 2018 LESI Annual Conference

This year’s Licensing Executives Society International (LESI) Annual Conference will have a financial focus and take place in San Diego April 20-May 1. The plenary session keynote address by Mike Hoefflinger, “Think You Know Facebook’s Story …Think Again, and Learn Along the Way,” will look at the IP story behind the story. After working directly for Andy […]

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China’s growth in European patent apps was three times the U.S. in 2017

The European Patent Office (EPO) 2017 annual report, recently published, revealed several surprising patent filing trends, including the rapid growth of China . The People’s Republic of China filed 16.6% more applications last year than in 2016, three times more than the U.S., which filed 5.8% more. The five most active patent filing companies were […]

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China says it leads the U.S. in blockchain patents and investment

While China is no fan of bitcoin mining – it has moved to close mining operations – it is actively pursuing block chain patents, and is touting its leadership over the U.S. China is the leading country for blockchain patents with Alibaba and PBOC on top, claims TechNode, a Chinese IP publication that partners with […]

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Pace of patent litigation declines; 2018 applications still flat

Early indications are that U.S. patent litigation for 2018 is on track to be among the lowest in since 2005. So far in 2018, approximately 555 patent infringement suits have been filed (3,330 on an annualized basis). This is off from a peak of 5,874 in 2015, or an average of 979 every two months. […]

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E-cigarettes is the fastest growing patent class; followed by 3-D printing and machine learning

Vaping may not be a turn-on for everyone, but the fastest growing United States Patent and Trademark Office category over the past five years is e-cigarettes, with a compound annual growth rate of 45%.   Much of e-cigarette growth, according to patent research company IFI Claims, who conducted the research, was in the subclass A24/47, “Simulated […]

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Why a $1.6B billion law suit for non-payment of royalties is not likely to affect Spotify’s March IPO

Spotify recently filed confidential plans for an initial public offering to take place on March 31 on the New York Stock Exchange were thrown a curve when it was sued by Wixen Music Publishing for damages of at least $1.6 billion and injunctive relief.  Wixen accused the Swedish company of streaming thousands of its their artists songs […]

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