Patent Troll Now Armed With Thousands of Nortel Patents
dgharmon writes in with a story about the final outcome of thousands of Nortel patents that were bought last July. "You may recall last summer that Apple, Microsoft, EMC, RIM, Ericsson and Sony all teamed up to buy Nortel's patents for $4.5 billion. They beat out a team of Google and Intel who bid a bit less. While there was some antitrust scrutiny over the deal, it was dropped and the purchase went through. Apparently, the new owners picked off a bunch of patents to transfer to themselves... and then all (minus EMC, who, one hopes, was horrified by the plans) decided to support a massive new patent troll armed with the remaining 4,000 patents. The company is called Rockstar Consortium, and it's run by the folks who used to run Nortel's patent licensing program anyway — but now employs people whose job it is to just find other companies to threaten." On a semi-related note, there is a new petition to the White House to make a law that patent lawsuits that find for the defendant automatically fine the plaintiff three times the damages they were seeking."
...patent lawyers are rubbing their hands with glee. I should have gone to law school after all...
How about if you bring a frivolous patent suit and lose, you are put out of business and *all* your assets are transferred.
Same for copyright suits.
---- Booth was a patriot ----
So a group of companies band together to buy patents and they create a single organisation to handle it. What else would they do? It is hardly likely that any company would be happy with the whole lot being overseen by one of the other member companies, and they would be in negotiation for years if they tried to split them all up.
So the question to the submitter is: what other outcome did you expect?
I just made it 5.
Since when is "public safety" the root password to the Constitution?
How long will it be before the politicians see the problem of software patents as harming their countries own industries? Guess it will never happen, as most politicians are educated as sleazy lawyers, and they are only interested in personal gain.
Take Nobody's Word For It.
Find cool tech developed by start up
Rip it off
Don't worry about lawsuit since risk is too great
As of near first post, that petition had only 2 votes. It might be interesting to see how many /. readers vote for it.
To tell us how many /.ers fall in the very narrow intelligence gap between "too dumb to upvote a petition" and "smart enoogh to realize upvoting a petition is a waste of time"?
"But Trolls live under bridges." Yes, but at least those trolls you can kill with a sword.
A civics lesson for you: the Whitehouse does not have the power to make laws. That is the exclusive domain of the Congress. You see, we have this little thing called "separation of powers"...
Warning: this article may contain humor, sarcasm, parody, and perhaps even irony. Read at your own risk.
that the Rockstar Consortium sues a few high profile companies and causes a lot of damage and mayhem. Then, maybe (hopefully), the uproar will be so loud that the politicians will need to heed it above the whisperings of the lobbyists and will have to admit the stupidity of the current patent system so sanity will prevail and they will fix it. However: I fear that I am just dreaming and that we will just slowly die the death of 1,000 patent lawsuits :-(
You can only get money from a patent if you actually produce something that uses that patent.
Otherwise, you can hang it on your wall and look at it.
Privacy is terrorism.
just shoot the lawyers on sight, then burn down the CEO's homes
The insurance companies holding the respective life & home owner policies are not going to like that at all.
A civics lesson for you: the Whitehouse does not have the power to make laws. That is the exclusive domain of the Congress. You see, we have this little thing called "separation of powers"...
Very true ... but the devil is in the details. The White House can draft legislation that is then sponsored by a member of congress just like 100's of lobbyists do.
They are ALL going Global Thermonuclear WAR! Bring it, society will only tolerate this for so long and the call to kill all patents will begin. Its gonna be bloddy, but the time has come.
Good-bye
I dont think its a well formed and cogent thought, so i passed.
Good-bye
"In a semi-related note, there is a new petition to the Whitehouse to make a law that patent lawsuits that find for the defendant automatically fine the plaintiff three times the damages they were seeking."
That's called "treble damages."
Individuals must choose, decide their "essential" nature rather than having it given from some transcendent source.
Uhhh...why exactly are you bothering? After he basically said "Yeah LOL go fuck yourself" over the pot petition all should know you'd get more results by writing it on a piece of paper and promptly burning it. For all his bullshit he is just as big if not a bigger sellout that Dubya was, personally I'd say he's worse as Dubya actually believed a lot of the shit he was saying whereas this one is just cashing the checks. But if you think he is gonna give a flying shit what the "people" think I have some swampland you may be interested in. If you manage to get the requisite number all you will get is a flowery "Ur not rich so fuck off' speech, so why bother?
As for TFA...is anybody surprised? With every move Forbes gets proved right on Ballmer being a shitty CEO, hell if the man had an original thought his head would asplode. And as for the rest of the list, Sony and Ericson are doing lousy and could probably use the cash, same with RIM, and Apple just plain old hates to have ANY competition other than MSFT. See Job's comments on how he would use his fortune to nuke Android for instance.
So how anybody could look at THAT list of names and no figure out they were gonna do something nasty I'll never know.
ACs don't waste your time replying, your posts are never seen by me.
Uhhh...why exactly are you bothering? After he basically said "Yeah LOL go fuck yourself" over the pot petition all should know you'd get more results by writing it on a piece of paper and promptly burning it. For all his bullshit he is just as big if not a bigger sellout that Dubya was, personally I'd say he's worse as Dubya actually believed a lot of the shit he was saying whereas this one is just cashing the checks. But if you think he is gonna give a flying shit what the "people" think I have some swampland you may be interested in. If you manage to get the requisite number all you will get is a flowery "Ur not rich so fuck off' speech, so why bother?
As for TFA...is anybody surprised? With every move Forbes gets proved right on Ballmer being a shitty CEO, hell if the man had an original thought his head would asplode. And as for the rest of the list, Sony and Ericson are doing lousy and could probably use the cash, same with RIM, and Apple just plain old hates to have ANY competition other than MSFT. See Job's comments on how he would use his fortune to nuke Android for instance.
So how anybody could look at THAT list of names and no figure out they were gonna do something nasty I'll never know.
Stop shooting them down with little things like facts.
But being a lawyer makes more money and you get to decide who you screw.
A lot of highly paid escorts would disagree with you.
There are lower tier escorts that might not have as much choice, but there are a lot of entry level lawyers with even less choice - and probably worse pay when you factor in takeaway after the student loan payment.
So after these Rats cherry pick the Nortel patents they individually wanted they then form a proxy company to deflect any negative press from them when this patent troll starts shaking down companies with the stipulation that they have no obligation to licence their patents for fair and reasonable terms. Unfortunately, everyone is aware of this proxy company and these companies will not be able to wash the stink off them should a high profile battle ensue.
"In a semi-related note, there is a new petition to the Whitehouse to make a law that patent lawsuits that find for the defendant automatically fine the plaintiff three times the damages they were seeking."
1) Like that would pass.
2) The petition only has 49 signatures on it right now.
Samzenpus probably started the petition...
I am not sure how someone could come to the conclusion that forcing a plaintiff to pay treble damages in the event of a loss is a good idea. Patent laws are already anti-consumer/little guy enough and there's a huge number of small-time patent holders who have been screwed out of their inventions by bigger companies. Few sue as it is and even fewer win because of the ridiculous legal fees associated. Add the risk of three-times damages, and none will. This won't hurt the big guys because often enough much more money is at stake than what they ask for in court, either because the patent they hold is valid or they simply need to try to block the other guy long enough to outsell them in product. How about a law instead to stop patent trolls ? Make it so the plaintiff either has to be the original grantee or they have had to legally acquire the patent and it has to be in active use, either in production or in provable preparation for market.
I am not a lawyer, and I wouldn't usually defend them, but... [sticks head above parapet]
Humour me an analogy: Nobody likes it when a bailiff comes to your door. But the reality is that if there were no bailiffs to repossess property bought on credit when you didn't pay up, then no-one would loan money. For example, in countries where there is a cultural/religious aversion to repossession of homes, it's almost impossible to get a mortgage, and overall rate of home ownership is lower -- the law of unintended consequences here is that if you as a society refuse to kick people out of their homes, fewer people will actually be able to own their own homes.
I think a patent troll company like this is similar. Nortel engineers worked hard to invent stuff. Shareholders of Nortel invested in the company to pay for that stuff to be invented. The value of these patents as assets which could be sold off is in effect a form of 'embodied energy' created in Nortel. Remove the ability for companies like Rockstar to exist and to seek out license fees from stuff Nortel investors paid Nortel engineers to invent them in the past, and you've retroactively denied those investors from some of the return on their historical investment. The end result moving forward is that people will invest less.
Patents serve a purpose, as does their expiry. I could back a plan to shorten patent lifetimes for some classes of patents, but I believe doing away with the whole system would be counter-productive to innovation.
"I thought they were the dominant species..."
Okay, this petition is stupid and will only hurt the small guy. Say for example I work really hard on something and get a patent. Time goes on and I'm making money with the patent and all is well until a big company starts infringing on it. I could sue the company. I have the 100k it takes to even start the case. but unfortunately I my lawyers aren't as good, because I don't have the 10 lawyers they have working on it. They end up wining and it would put me out of business.
In the current setting I'd be out lawyer fees. In the new setting I'd be completely screwed even if I was seeking a reasonable amount. A reasonable amount could add up to quite a lot if the infringement is big enough. For example I'm selling my product and license out the technology for say $100 per reproduction. If they only infringed 100 times it's not that bad, but if it's mass infringement with millions of reproductions it's quite a lot, but still a fair number.
I could get behind this if there was a stipulation of "Unless you're actively using the patent in a product" or something along those lines. That would be enough to stop the trolls and not completely screw people who are using patents the way they should be.
I didn't pull the $100k number out of my ass either. I'm in the process of getting a patent on some items and I was told by more than one lawyer that's the starting fee (it varied a bit but that was the lowest figure) for litigation. I wanted to see if it was even worth pursuing, because if I can't afford to defend it what's the point in getting it? I guess I could have my name on a patent and that's pretty cool, but I don't know if it's $12k cool. I think I'm going to end up applying, because even if everything goes to heck I can always put it in my resume and it might be enough to make it standout.
"Ubuntu" -- an African word, meaning "Slackware is too hard for me". - stolen from Dan C alt.os.linux.slackware
I must say I disagree with the petition too. I like the idea of trying to prevent patent trolls. Actually I'd like to prevent any case where a giant company will use the legal system to crush a small company without too much of a basis. (If Android was by small_company_inc, how do you think the Oracle vs small_company_inc would have finished? My guess it would have finished with Oracle buying small_company_inc.)
But requiring a 3 times what was asked is ridiculous. First of all, it does not cover cases where you ask for a simple shutdown of the product. Then, it will prevent small companies from asking reasonnable damages. Also, uou might sue legitimatelly and lose because of some loophole or because you were wrong.
The rotten system just got a tad more rotten. Rockstar is the king of all patent trolls, funded by the big two software IP honchos, known for their shakedown schemes and patenting the trivially obvious. The other partners are opportunists and a few badly ailing companies seeking a hail-mary pass to avoid utter extinction. It got its approval under the guise of playing by "reasonable terms", only to disobey said promise as "not applicable to the new construct" as soon as the deal went through. With a start like that, I don't have much hope left for any ethics to be involved in their way of thinking.
Rockstar has all the latest weaponry of an extremely litigious tech company, wealthy backers, plus the enormous advantage that it can't be countersued. It can start case after case without even batting an eye. The sheer amount of cases it can start can probably put a company out of business even before the first patent in play is reviewed.
If you thought Oracle vs Google was perfidious, wait until Rockstar here takes aim at Android. It's only a matter of time, and to me it seems like Android was the reason this abomination was formed. They've sealed up the LTE patents, so they'll surely squeeze them on that front, while trying keep on adding layer after layer of patent licenses, with the penultimate target of drowning it and scaring the manufacturers away.
Innovation is about to get its teeth kicked in.
"He who shall not be named"?
I'm assuming you're talking about Obama?
Slashdot social media options: AIM, ICQ, Yahoo, Jabber and Mobile Text. Why no MySpace?
Since that patent troll petition has so few signature, it's probably a good measure on how strong the slashdot population is when it comes to such things..
A civics lesson for you: the Whitehouse does not have the power to make laws. That is the exclusive domain of the Congress. You see, we have this little thing called "separation of powers"...
Yeah.. you're right.. *somebody* needs to tell Comrade Obama that.. He's going apeshit getting his b.s. unconstitutional stuff done via executive order.. He also should be advised that he's the POTUS NOT King Barack the First... Oh who AM I kidding.. Both parties in CONgress could care less if he runs the country into the ground...
THANK YOU, Edward Snowden!! Americans owe you a debt of gratitude (whether they know it or not..)
I agree. This proposal would stack the court system against the little guy, which is exactly the wrong solution to the problem.
The problem is not patent law, per se, but that too many trivial patents are granted. That, and patents which describe a problem, trying to claim that all solutions must infringe.
Use it or loss it should be the way to go. You get granted a patent or buy it and if in say 2 years you don't have a commercially available product that uses that patient it goes into public domain. You can't sue someone unless you have an actual product that customers could have bought instead after that period. Before that period you can sue as normal since it might take a couple years to spin up production. But sitting on it and hoping someone infringes is BS.
Given the DRM in GTA IV, I think Rockstar Games might actually support this Rockstar. Birds of a money-grubbing* feather flock together.
*I just realized "money-grubbing" sounds a fair bit like "mother-fucking". I guess that explains some things...
You can hold down the "B" button for continuous firing.
Also, uou might sue legitimatelly and lose because of some loophole or because you were wrong.
That's the glaring issue I see with this idea. It's well-meaning, but in reality it could end up screwing the little guy even more. The fact is, most of the patent trolls have access to funds that most people can only dream of, and with those funds they are able to by star legal talent, while you're stuck with Joe Schmoe the Lawyer who got his degree online because that's all you can afford.
This will have a chilling effect like you would not believe on these types of lawsuits being brought by anyone that isn't a megacorporation because even if their case has merit, the 3x the damages rules will basically destroy them financially while the thieves get to not only continue stealing their work but have one less competitor (albeit a small one) to deal with.
The White House will not TAX Intellectual Property, there is no way in hell they will tip the scales in the patent lawsuit nuttyness.
Their backers are the IP holders. All politicians care more about the money than the little guy.
Do not look at laser with remaining good eye.
"But the reality is that if there were no bailiffs to repossess property bought on credit when you didn't pay up, then no-one would loan money."
So you support that big business should not have ANY risk then? the RISK for loaning money is that you loaned money to someone that cant pay it back, hello that is a risk of business, and problem is the credit industry has the responsibility to VET who they loan to.
If there were no baillifs or if we returned to where I could file for bankruptcy and tell the bank to stuff it in their ass. The banks would lend money smarter.
What I get from your example is that we need to remove all risk for companies, and this is completely and utterly a very dumb thing. Patents should expire quickly so that scumbag companies dont just sit on them.
Do not look at laser with remaining good eye.
Maybe.. just maybe, you would have figured out that the violation of your patent was so blatant that you could sue for it. Every patent lawyer in the country would be sitting behind you asking for cash. Are you not sure you can win??? Maybe you shouldn't sue! I just went through an ATM suit where they used retail transaction to mean withdrawing money, and public network to mean a VPN over strictly comcast circuits. If you are going to sue, ball up and go all the way! Don't give me this poor programmer shit... I am a poor programmer too.
I like this - if a patent holding company does actually produce a token product to get around this new rule, and only sell a small small number of units, then that shows what the patent is worth, too.
One of the most objectionable things with patents is that even if you do accept that you are using patented technology, the licencing fees seem to be way out of proportion to the value of the patent. If you were to actually take any typical program that you develop apart line by line and identify all the patents it infringes, then go and seek licencing for each of those patents, I am sure the end price would be many many more times what the software could ever be sold for.
Just because you're sure you can win doesn't mean you will. Just because you're right doesn't mean you'll win. Just because you're getting screwed over and it's blatantly obvious to anyone with a brain doesn't mean you will win. I'm not exactly sure where you've been for the last 20 years, but things have changed a lot.
"Ubuntu" -- an African word, meaning "Slackware is too hard for me". - stolen from Dan C alt.os.linux.slackware
Lose the battle, win the war.
You know what I meant, but thanks for wasting the time.
Read an article a while back about drug patents. I think they actually had a proposed law not sure which country, but anyways it was to tie the reimbursement rate to the marginal value of the new drug. Ie. if your new drug is only just as good as the next best alternative of care you get no premium. If it is 20% better (hard to measure but their is quality of life measures that can be used) than you get a 20% premium or some multiple of that anyways. The beauty of this is if they ratchet up what the standard of care is every few years than the patients don't really matter any more. You get a few years of premiums when you are actually a premium product, if doctors get brain washed into prescribing prozaic when something else is better than they bill at a lower price for the lower quality of care they are giving you not a premium price because they are selling you the patiented product (not sure if Prozaic is still on patent but just an example).
Software needs a mechanism like that IMHO. Pricing for licensing should be in proportion to the benefit added. A $50 fee per phone for the ability to have a "post on Facebook" button of something like that is ridiculous but if it is the whole phone OS than maybe. Similarly with dev toolkits but they get away with it because they just charge you once. If you just want a nice pie chart widget you shouldn't have to drop 3k for all the other controls that a vendor decides to throw in. I'm sorry I'm not making a car sim so I don't need 20 speedometer chart types :-) So often I run into things like that where I could justify paying say $50 to save me an afternoon building something myself/browsing on crazy hoping to find a non-broken example code that I can use but end up with a multi-thousand dollar tool that does the little thing I need plus 200 othe things I don't care a less for. Mah off topic rant but any control builders out there offer a la carte options. I'll pay a 2-5X premium for a single control rather than buy hundreds that I likely will never use before the current tech is obsolete.
Gee, burning down the CEO's homes is a waste of valuable living space. Evict them and turn the homes into housing for the poor. They'll be full of cockroaches within a month, then be torched by the residents within a decade.
Contribute to civilization: ari.aynrand.org/donate
During the eighteenth dynasty, the pharoah Tuthmose III gave this advice to his vizier Rekhmere regarding petitions:
Let the petitioner present his case. Act like you are listening. Then completely ignore all his suggestions and issue the judgement what you were going to issue anyway.
That was 3500 years ago. Have people still not learned their lesson?
Alas, the current administration is a tyranny, ignoring law. It does whatever it can get away with.
Contribute to civilization: ari.aynrand.org/donate
Wow, makes me feel good working there!
But then, I've never seen EMC act as a patent troll, we've generally use patents defensively.
No, this is not flame bait, but if you have a counter example, I'd love to hear it.
"patent lawsuits that find for the defendant automatically fine the plaintiff three times the damages they were seeking." Sounds really like the kind of text you'd see on a Magic: The Gathering card.
problem is the credit industry has the responsibility to VET who they loan to.
You can't just say 'VET better'! Vetting presupposes that you can calculate the risk of default, and the likelihood as a credit company that you'll have to incur the cost of repossessing. If there's no ability to repossess, then vetting is pointless anyway -- only an irrational credit companies would take any such risk.
This isn't arm-chair theorizing. There are countries where home repossession just isn't the done thing (mostly for religious reasons) -- in those countries, any rational vetting procedure would produce the answer: don't loan anything. And this is exactly what happens.
"I thought they were the dominant species..."
When all commercial and academic development of everything is crushed. I can't wait for the day when not only applied technology is dead but basic research is beaten to death as well. It will be glorious
Both parties in CONgress could care less if he runs the country into the ground...
Now that's not true at all. Let's be fair.
Both parties are absolutely LIVID if the dickheads running the country into the ground are wearing the other team's jersey.
Software needs a mechanism like that IMHO. Pricing for licensing should be in proportion to the benefit added.
I tried that once. My algorithm was O( log n log log n ^ 4/3 ) more efficient than the existing one, but their lawyers argued that that was an upper bound. On the other hand I pointed out that their cost was amortised and so arguably even my typical case would be O( log log log n ^ 2 log n ^ 1.66666689 ) more efficient. They then counterclaimed that my proof wasn't rigorous because it used infinitesimals, and then the case had to be adjourned because the judge beat himself to death with his own gavel.
All of that and make patents non transferable. if patents can still be tranfered then patent troll could start a new company every 18 months and sell all their assets to their new company. rince and repeat.
"For I desired mercy, and not sacrifice" -- God
so then banks did not loan any money to people 15 years ago when I could file Chapter 11 bankruptcy and cancel all debts legally and NOT have to return the car and house.
Damn, I did not know that banks and lending did not exist before 1997.
Funny thing is I have proof that it existed, as I went through it in the early 90's Kept the Car and the house, told the bank to shove it up their butt with the signature of a Judge. Their fault for lending money to a person working for a unstable company called General Motors.
Do not look at laser with remaining good eye.
McD was founded in 1940 and today has a revenue of 24 Billion USD
InNOut was founded in 1948 and today has a revenue of 565 Million USD.
McD exists in 119 countries.
InNOut exists only in the Western United States.
If you were a shareholder and you had a choice, would you like to grow - like McD or like InNOut.
This petition to fine patent owners treble damages if the defendant wins is awful, because it screws small inventors. Invent something in your garage? Big MegaCorp steals it, and pays for lawyers you can't even dream of. They win, and you pay triple.
Awesome idea, got any others?
This post expresses my opinion, not that of my employer. And yes, IAAL.
Hard to do because a lot of companies are only worth their patents. All the companies going bankrupt would have nothing to sell to recoup money for their creditors/shareholders etc. I agree a good idea but hard to implement (both yours and mine).
Have gnu, will travel.
Non-american speaking:
Somehow, the fact you have to refer to a previous president through the use of "Dubya" either says a lot about yourself, or the state of American politics.
Or both.
Imagine you patented something that you charge one dollar per copy of.
And them microsoft infringed on your patent and sold a couple of billion copies of windows before you realized the situation.
Now you're asking someone, even someone big to front a fantastically large amount of money to contest their case.
While not quite the case I was thinking of: http://news.cnet.com/8301-10805_3-20070308-75/supreme-court-rules-against-microsoft-in-i4i-patent-case/ is a relatively recent example.
In short, you're spot on, that would be insane, even the existing rules make it very difficult to enforce a legitimate patent if it's being widely infringed, especially by big players.
That link was posted multiple times to reddit but each link was downvoted so it never made the front page. For once slashdot's moderation system beat that of reddit, which seems to be susceptible to PR companies.
Brilliant! Then little guys can't sue big corps for more than a handfull of cash, even if they have a very strong case.
"He who shall not be named"?
I'm assuming you're talking about Obama?
No, he is "He who should not be middle-named".
Uhhh..as an American Dubya got that nick because that is how the man said "W" when he pronounced his name. it was like Ford and falling on his butt, Bush had a VERY thick accent when it came to certain words or phrases and the comedians ran with it and Dubya stuck in the minds of many of us.
Sadly there are NO cute nicknames for Obama because he has turned out to be nothing but a giant lying sellout, and this is from someone who has voted D since Bush senior. As much as i didn't like Bush's policies at least the man was consistent in his beliefs and stood by them, Obama told one story on the campaign trail and then did a full 180 when he made it to the big chair. He has been nothing but divisive, tried to run a false flag op to get guns banned with fast & furious , and the only consistency in his administration has been to lie and divide the country, look at how he jumped into the Martin case without even bothering to find out any facts. he should be blamed for every race riot and attack on whites caused by that dumb ass political move.
But don't take my word for it friend, I'm sure you folks overseas don't have a great opinion of our president and if you look up what he said VS what he did you'll see the man lied his ass off. Most of us are pretty much expecting massive waves of violence and race riots when he loses in November because he has done nothing but stir up hate between the races and figure it'll be Watts riots all over again. that is the state of American politics friend, scary ain't it?
ACs don't waste your time replying, your posts are never seen by me.
Okay, this petition is stupid and will only hurt the small guy. Say for example I work really hard on something and get a patent.
Only if we assume the court will invariably make the wrong decision. I realize that's exactly what we are saying will happen, but that really indicates the problem is with how the courts operate, not with the patent system specifically. I don't know about the US, but in my country you can sue someone for malicious prosecution, which is somewhat analogous to the penalties proposed. If the little guy needs to sue the big guy, he can get his paycheck if he's in the right (assuming a functional court system). If the big guy sues the little guy unfairly, and loses, the little guy can sue with malicious prosecution, the possibility of which is meant to act as a deterrent to bigger assholes. Find a way to make money have less influence on the outcome of a court case.
Nah, the US citizens should be blamed. For allowing a political system where every four years they get to choose between two dictators. It's not what I call "democracy".
Slashdot social media options: AIM, ICQ, Yahoo, Jabber and Mobile Text. Why no MySpace?
I've heard 99% more truth out of Rush Limburger than I have out of ANY Repubmocrat in the last 4 decades, sad isn't it?
No, you haven't. You've just been a carefully selected slurry of lies and disinformation for so long that you no longer have any grasp on reality. It is a common syndrome among his listeners.
Exactly! Too many people seem to want simple solutions to complex problems. We can't fix the patent system by making it too scary for honorable but relatively poor inventors to sue big corporations who use their invention without permission. Nor can we fix it by totally eliminating software patents. Some software inventions are truly worthy of patents. As with almost every problem for which we already have laws: The solution lies in more correctly enforcing the existing laws rather than making up new, simpler laws that cause more problems than they solve.
I have voted democrat or independent all my voting life and I have never been so disappointed or felt so betrayed as I am/have with Barack Obama. I am now pretty much convinced that he is either a republican plant or truly one of those liberal elitists that the GOP was yammering about. The difference between a "liberal" and a "liberal elitist" is that a "liberal" truly believes in helping the common person and generally thinks the reason we even have governments is to pool resources in an effort to help said common person. A "liberal elitist" is actually a rich person who thinks that the wealthy should be aided and abetted in getting even more wealthy by just about any means possible BUT the best way to do that is to appeal to the sensibilities of the regular "liberals." In other words, a "liberal elitist" is just a republican who tells a different set of lies. Republican politicians tell lies designed to appeal to conservative voters and "liberal elitists" tell lies designed to appeal to regular liberals.
That said, I have seen absolutely no evidence that Barack Obama has done anything to stir up hate between the races. The GOP and the conservatives have done a pretty good job of that on their own. So, the "us" you are referring to must be people who listen to the fear-mongering, conservative talk-radio hosts. Because I don't know a single soul who is afraid of race riots when/if Obama looses. Not even my more conservative friends at work. This talk of fear of race riots is actually pretty racist at its core. It says that black people can't handle a peaceful exchange of power. The same peaceful exchanges of power we have had about every four to eight years for over two-hundred years. Remember, it was the conservative voters who started marching in the streets with rifles on their shoulders when Obama was elected. Sure, no one got shot, but that is about the strongest sign of people not accepting the peaceful exchange of power that I have ever seen.
If the company has no assetts except their patents then their patents should have no value. We should only give value to patents based on the patent holders ability to use the patent in the making of products. As to "creditors/shareholders", if the worth of a patent is determined by the tangable products from the patent holder then we would see patent trolls become worthless, and noone would be willing to loan money to them or invest in them. The way I see it we can only have one three possible sinarios:
"For I desired mercy, and not sacrifice" -- God
Patents need to have value in themselves though. If I come up with a brilliant idea for a new vacuum cleaner I need to be able to license it (which implies that the patent has value) or sell it since I don't want to spend the rest of my life dealing with/making vacuum cleaners. My value is coming up with ideas not running vacuum cleaner factories.
all the layers involved, and shame them for setting the world back 1,000 years.
I hope you die horribly.
Disclaimer: IANAL. This post is, however, legal advice, and creates an attorney-client relationship.
Damn, I did not know that banks and lending did not exist before 1997.
Chapter 11 sets a different threshold and regime for repossession, but it's still possible to repossess. What is interesting are the studies that show how the cost of borrowing increased after Chapter 11 was introduced in the U.S.
"I thought they were the dominant species..."
E tu mama tambien...
"I thought they were the dominant species..."
After he basically said "Yeah LOL go fuck yourself" over the pot petition all should know you'd get more results by writing it on a piece of paper and promptly burning it
That's simplistic. The petition was clearly never going to get wedge issues passed, the petition system was first and foremost an attempt to get the internet generation to ACTUALLY FUCKING VOTE. A distant second goal was maybe to bring new ideas to light.
Why did Obama not legalize pot? Better question: with 74% of the nation having smoked at one point, and a majority saying pot should be legalized, why hasn't EVERY politician jumped on board with legalization? Answer: because people saying it should be legalized don't translate that into voting. Don't blame Obama, blame yourselves.
Want proof? How about how the head of the black panthers has called for the execution of Zimmerman and offered a bounty, an obvious hate crime that Holder won't even arrest much less prosecute? Do you think if the head of Aryan nation called for the death and offer a bounty on a black man he wouldn't be in chains before dark? How about how same Black panthers blocked white entrance to voting booth in Philly in 2008, again a hate crime? or how many in the justice dept quit soon after Holder took over because according to them they were told flat footed "minorities can't commit hate crimes because they have been oppressed in the past" thus making any crime against whites okay?
Pick any one of those sentences and look them up yourself, they've had articles written by left AND right leaning sites which is why I didn't pick, because otherwise some would claim liberal/conservative bias. And I agree with you, Obama has been the biggest disappointment since jimmy Carter, in fact i would put Carter as a better president because at least the man believed in what he was doing. you compare what the man said to get in office VS what he has actually done and according to his own rhetoric we are living a third Bush term, since he did every. single. thing. he said mcCain would do, started more wars, delayed getting out of the ones we were in, kept the Bush tax cuts, hell if he is a Dem what the fuck is the difference? Frankly for the first time since Ronald Reagan in 1980 I'm voting Rep this year, because I'd rather have a Rino than another 4 years of being bald faced lied to. The man is a complete and utter disappointment in every metric.
ACs don't waste your time replying, your posts are never seen by me.
Although I don't have a problem with patents as originally intended, particularly for material inventions, the last number of years people have been patenting all kinds of software "techniques" under the guise of inventions, when they are just obvious extensions to current art. Remember, a patent is supposed to be "non-obvious" but we get patents covering everything from menus to balloon alerts. Patent packagers are then collecting these things and granting immunity to companies that pay a general license, because it's just cheaper to do so than to litigate all the various patents and try to overturn them. Basically, it sucks, and I put them at the same level as those who do trivial greenmail class-action suits (don't get me started on those).
that's funny. That's exactly what happened to me. We had a great idea for a product and many many sysadmins loved it. We sold a few thousand and were working on the next one. In the meantime, we patented our idea and were awarded a patent. We sold the follow-on version and were working on the 3rd edition; the whole time operating on revenue from sales to handle manufacturing, marketing, and development... It was going well, until another company copied our product and began selling it. A US company with the backing of a larger parent company. They undercut us on price... They were selling below our own bill of materials cost.. We sent a C&D referencing our patent and received a response from them that simply said "We acknowledge receipt of your letter.".... Our lawyer explained that was a "PFO. Come and get us if you have the balls.". It was going to take more money than we had to fight them... After a short while, our sales dried up and we shut down.
There are a very few technical ideas that can work like this, and usually they're pretty simple improvements on existing processes or mechanisms.
Almost all new ideas are completely worthless because the value is all in the execution.
To take your example: you have an idea for a new vacuum cleaner. Let's be generous and say there are 10 creative thoughts in that idea. The process for creating a factory, hiring workers, ironing out the bugs of the manufacturing process, designing and carrying out the appropriate marketing plan, raising the necessary funding, dealing with all the regulations involved, negotiating distribution deals with retailers, and all the hard work that goes into actually turning your idea into a workable product is going to involve thousands of creative thoughts.
If your value is coming up with ideas and then walking away from them, you don't really have any value.
Business/App ideas are like arseholes: everyone's got one, they're mostly shit, but very rarely they contain a diamond
I've heard this story a lot. The current patent law system doesn't protect the inventor, it protects the business with the most money for lawyers.
There are ways of defending this kind of case, but they involve basically giving your patent to a patent troll, who will then attempt to enforce your patent. You don't get anything from it, but you don't have to pay the legal costs. Unfortunately the patent trolls are always after settlements and will usually settle/license for an amount that allows your competitor to continue using your invention profitably. In this case it wouldn't have helped you as they'd have carried on undercutting you.
Business/App ideas are like arseholes: everyone's got one, they're mostly shit, but very rarely they contain a diamond
I disagree. The idea has value to someone that knows how to market, build factories etc. Since it is rare that one person will know how to do something or even know how to determine if someone they are planning on hiring to do it is competent making things patentable actually helps. You know longer have to be interested in doing the whole thing yourself or know people that can. They can find you and you can pass off that risk to them the people better able to estimate the cost of execution, probability of market success etc.
Oh please! Do you blame the Cuban people for castro? Because frankly the American people have about as much choice. in my state we voted EVERY DAMNED ELECTION for a lottery, what happened? they found a reason to toss it out every damned time...until the local horsetrack owners got a big payoff and the right to run casinos and THEN suddenly it passed without incident.
In case you ain't figured it out chuck big booze and pharma ain't gonna allow pot because it would cut into their business PERIOD. Its like a dealer not wanting another pusher on the same corner, only instead of a gun they just use a sack of money. It has gotten so damned easy to rig these things it ain't even funny anymore, look up the videos of Ohio in 2004 on Youtube, you know, the state the governor said "he's made sure would go for Bush" and guess what, it did!
All they have to do to make sure pot will never pass is make sure that a few voting booths in key districts don't work and throw a couple of million into a FUD campaign, that's it. Look at Ohio, you'll see the poor neighborhoods had one or two machines, usually with one broken, and they were finding ANY excuse to exclude someone, even going so far as to arrest volunteers that pointed out they had the RIGHT to ask for an absentee ballot.
Sorry friend but if you think you can change a fucking thing by voting against big business you sir are a fool. you are playing three card monty and thinking THIS time, well this time I'm sure to pick the lady!
ACs don't waste your time replying, your posts are never seen by me.
It is still the responsibility of the people to change things. The US, Russia, and the cuban army weren't going to liberate the Cuban people. It's not fair, you're absolutely right, but if you want something done, you have to do it yourself.
In the case of pot, we are in fact a democracy. Don't compare the pot legalization movement with the plight of the cubans, that's repugnant. You're not going to be jailed for expressing an opinion that we should legalize pot. If the voters weren't so apathetic about it, and actually voted, it would quickly be legal.
In case you ain't figured it out chuck big booze and pharma ain't gonna allow pot because it would cut into their business PERIOD.
I believe that you are the naive one here. The alchohol industry is not opposed to pot. Why would they be? Pharmecuticals don't either, they'd LOVE to sell you pot through prescriptions. There's no R&D costs, they wouldn't need to spend any money on marketing, and there's a colossal market for it as well.
It's law enforcement, the police state interests, and a few moral ninnies who are keeping it illegal. And that is much worse. They're the ones keeping the drug war going. They're the ones profiting off of it! Marijuana fuels the mexican cartels, which keeps the "war" going, which keeps their paychecks coming in. Plus, with 75% of the nation admitting to smoking pot, nearly everyone is breaking the law. They can arrest nearly anyone they want.
Sorry friend but if you think you can change a fucking thing by voting against big business you sir are a fool
So whining about how unfair it is on the internet is going to be more effective?
More to the point YES, WE COULD HAVE. I live in California, where we recently had a proposition to legalize pot. Proposition. Direct democracy. No lobbyists, just voters deciding.
It failed. Here. In California. Where our biggest product IS marijuana, and our budget is in the red.
The reason? Law enforcement partially, though they were divided over it this time, as some of them are realizing that fighting it means casualties. But what really killed it were two things. One is the growers deciding they didn't want their income taxed, nor did they want legal competition, and the other was straight up apathy. No one cared to make it legal and take power away from the police state.
So yeah, I do blame the voters and their apathy because it's a fact that they won't vote to make it legal. Here in California especially, but nationwide as well.