intellectual property News

China to Raise Foreign Ownership Limit in Financial Services by Year-End

China laid out a clearer timetable on Wednesday for opening its financial sector to more foreign investment by the end of 2018, as Beijing looks to fend off growing criticism from the United States and others that it unfairly limits …

China’s Xi Maintains Commitment to Open Economy, Insurance Industry

Chinese President Xi Jinping promised on Tuesday to open the country’s economy further and lower import tariffs on products including cars, in a speech seen as an attempt to defuse an escalating trade dispute with the United States. While most …

Oracle’s Java Copyright Violation Claim Against Google Not Dead After All

A U.S. appeals court on Tuesday resurrected a multi-billion dollar copyright case brought by Oracle Corp. against Alphabet Inc.’s Google. The U.S. Court of Appeals for the Federal Circuit said Google’s use of Oracle’s Java development platform to create the …

Miley Cyrus Faces $300M Copyright Infringement Claim for ‘We Can’t Stop’ Song

Miley Cyrus was sued for $300 million on Tuesday by a Jamaican songwriter who said the pop singer’s 2013 smash “We Can’t Stop” closely resembles a song he recorded 25 years earlier, and that she is infringing his copyright. Michael …

Uber Agrees to Give Stock to Waymo to Settle Trade Secret Theft Dispute

Uber Technologies Inc. agreed to give about $245 million in stock to settle the high-stakes trade-secret theft lawsuit brought by Waymo, resolving a conflict that already cost the ride-hailing giant its top driverless car engineer and threatened to further embarrass …

Trial Over Waymo Claim of Uber Trade Secrets Theft Gets Underway

Uber was either a cheating competitor willing to break the law to win the race to develop self-driving cars, or the victim of an unproven conspiracy theory stitched together by its main rival, Waymo, jurors heard in opening statements of …

Music Streaming Firm Spotify Faces $1.6 Billion Copyright Infringement Lawsuit

Music streaming company Spotify was sued by Wixen Music Publishing Inc last week for allegedly using thousands of songs, including those of Tom Petty, Neil Young and the Doors, without a license and compensation to the music publisher. Wixen, an …

Why Patent ‘Shenanigans’ Share Blame for High Cost of Drugs

Bob Kelsey can’t afford a cancer drug that could save his life. The retired firefighter, 53, needs Revlimid to stay healthy. Celgene Corp. has raised the price 88 percent over the past seven years. The drug doesn’t have substantial competition …

Rubik’s Cube Maker Puzzled by Toys ‘R’ Us Knockoff

The Rubik’s Cube has delighted and confounded millions of players since Hungarian architecture professor Erno Rubik created it in 1974. Now the company that makes the twisting puzzle wants to stop the maker of Duncan yo-yos from selling an alleged …

Titleist’s Fight Against Logo Parody: Infringement or Free Speech?

A golf-centric social media page had a hit on its hands when it started peddling hats mimicking the logo of Titleist, the golf equipment and apparel company. Only their stuff didn’t say Titleist—the merchandise replaced the brand name with a …