Bank of America is granted (another) blockchain-type patent

Bank of America was granted last week a patent on a “cryptocurrency transformation system” that comprises a platform to manage exchange rates between various currencies, transfer requests, and customer accounts. The timing could not be better. The price of a bitcoin as of December 12 is $17,756.96, up from $1,000 on January, and the premium on cryptocurrency and […]

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Copyright company filing is a “mini” IPO aimed at monetizing future music royalties

A business designed to acquire and monetize royalty streams “of the world’s biggest artists,” Royalty Flow, went public last week with a “mini” IPO, or registration under Regulation A+ crowdfunding initiative.  A new type of PIPCO (public IP company), Royalty Flow hopes that under the 2012 JumpStart Our Business Start-up (JOBS) Act, passed by the […]

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Short-term thinking about intellectual capital weakens the U.S.’ ability to compete

A well-known economist and entrepreneur, whose work has been cited more than 120,000 times as tracked by Google Scholar, says that businesses and managers who fail to properly acknowledge the contribution of intellectual capital, including IP rights like patents and trade secrets, are dangerously short-sighted.  David Teece, Director of the Tusher Center for the Management […]

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Antitrust Attorney General suing AT&T supports patent monetization

Yesterday, United States Assistant Attorney General for Antitrust Division, Makan Delrahim, filed suit to stop the $85 billion AT&T-Time Warner merger, which previously had been progressing through regulatory approval.  Almost at the same time, in a recent carefully crafted speech before a business and law audience, he outlined his preference for reliable patents and consistent, free-market […]

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Topsy turvy: InterDigital posts 66% drop in 3Q net; Acacia up $158.4M

Public IP company stalwart, InterDigital, with PIPCO-leading performance over the past five years, was hit by a significant drop in its net earnings in the 3Q. Its performance was in stark contrast to the oft-beleaguered Acacia, which posted a quarterly net profit of $158.4 million. For Acacia Research Corporation (ACTG), the motivation was a one-time […]

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Update: 62 weird but strangely useful facts about bitcoin

$100 invested in bitcoin in July 2010 is worth about $6M today. For many, it is still unclear if blockchain is a viable alternative currency, an investment or a scheme that has made some people rich. One Bitcoin today currently equals $7,416.88, up from under $500 over a year ago. With those multiples you can see […]

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Patents’ early role in creating leading tech businesses eyed

Some information technology companies dubious about strong patents that can be used to restrict their activities or force them to pay licensing fees, appear to have benefitted from securing patents early in their life-cycle. It’s doubtful whether their early patent success can be similarly reproduced today. According to a post on the IPfolio blog, a […]

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Global focus+ at IP Dealmakers Forum; IPCU reader’s save $200

Attendees to this year’s IP Dealmakers Forum can expect an expanded international perspective to the timely content and networking. This year’s keynote is Dr Lulin Gao, Founding Commissioner of the Chinese State IP Office.  IPDF, now in its fourth year, emphasizes quality of content and attendees. Last year IPDF hosted more than 200 one-on-one private […]

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Financial Times article slams US patent syst for business model bias

An article that appeared last week in the Financial Times calling into question the effectiveness of a U.S.  patent system dangerously weakened by bad legislation and a false narrative about patent “trolls,” has won praise for its accuracy and honesty. In a rare instance of serious business reporting on intellectual property rights, award-winning journalist, Rana Foroohar, slammed […]

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Experts at IPAS 2017 will explore growing disregard for IP rights

At a time when the value of IP rights under attack by businesses, individuals and the courts, the first IP Awareness Summit will examine the reasons and possible responses. The Intellectual Property Awareness Summit, which will take place in Chicago on November 6, is the first conference to address the role of IP understanding – and the lack […]

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Automakers and tech giants are locked in a strange patent race

At time when patent certainty and value are under attack, global automobile manufacturers are competing with major technology companies for IP rights to the future, especially driverless cars.  The race is reminiscent of the competition between financial institutions, bigtech and fintech start-ups to control innovations in transactions, including those that relate to blockchain. The automakers, […]

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Perception of patents & other IP rights is being taken more seriously

Do IP users – both businesses and individuals – view rights like patents and copyrights as potential assets that benefit commerce and society? Or, do they see them as nuisances to be ignored and, in some cases, disdained? How IP rights are perceived, by whom, and why its starting to receive the critical attention it […]

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