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Old November 13th, 2007   #1
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Default Who is the world's biggest patent troll?

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In two consecutive days, The Wall Street Journal presented two different answers. The first is not surprising: Intellectual Ventures, the brainchild of ex-Microsoft executive Nathan Myhrvold. It's now out "to raise as much as $1 billion to help develop and patent inventions, many of them from universities in Asia." I know I will sleep so much more comfortably knowing that IVL will be out plundering Asia so that it can turn around and plunder the rest of the planet.
The second might surprise you: the University of California. The University of California may be especially pernicious because it can sue for patent infringement but has sovereign immunity:
In the lucrative world of patents, the University of California is a major player. It receives by far more patents from the U.S. government than any school in the country. And by licensing out its intellectual property, the university has generated about $500 million in revenue in the past five years.
The school also aggressively uses the courts as a sword, and is unafraid to take on big companies. As a plaintiff alleging patent infringement, the school has settled a claim against Genentech Inc. for $200 million, secured a payment of $185 million from Monsanto Co., and won a $30 million settlement from Microsoft Corp.
Yet, when it comes to getting sued for patent infringement, the university, as well as the state of California, are Teflon. A legal doctrine known as sovereign immunity protects states and state institutions from legal liability. Courts have held that participating in the federal patent system doesn't cost a state its immunity. The upshot--states can sue, but effectively can't be sued.
A benevolent troll, perhaps, lovingly educating the nation's children. But one that wields a Teflon fist in a way that no patent holder should.
Who is the world's biggest patent troll? CNET Blogs



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Old November 13th, 2007   #2
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Default Re: Who is the world's biggest patent troll?

Just one more entity, person, agency, etc...using the system to get over, make money, put me in the poor house.

Before it's over, they'll have a copyright on the Internet and I'll lose my interne......



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Old November 13th, 2007   #3
 
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Default Re: Who is the world's biggest patent troll?

Now just imagine if UCA figured out a way to patent sex...



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Old November 16th, 2007   #4
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Default Re: Who is the world's biggest patent troll?

what a crock of $%#



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Old November 16th, 2007   #5
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Default Re: Who is the world's biggest patent troll?

remove any immunity relating to patents and we will see UCA start to lose money







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Old November 16th, 2007   #6
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Default Re: Who is the world's biggest patent troll?

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Originally Posted by Lead Head View Post
Now just imagine if UCA figured out a way to patent sex...
The kind of sex they would patent wouldn't affect most of us.



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