intellectual property News

TMK Launches $100M Intellectual Property Facility with Aon, Lloyd’s Syndicates

Tokio Marine Kiln (TMK) has established a US$100 million intellectual property (IP) facility with global insurance broker Aon and several other Lloyd’s syndicates. The facility will be led by TMK and is one of the first for IP in the …

China Formalizes Easing of Foreign Investment Curbs on Range of Industries

China is slowly following through on pledges to open up to foreigners, as an impending trade war with the U.S. focuses attention on Beijing’s grip over doing business in the world’s second-largest economy. On Thursday the government formalized the easing …

Apple, Samsung Finally Settle Long-Running Patent Dispute

The biggest patent battle of the modern technology world has finally come to an end after seven years. Apple Inc. and Samsung Electronics Co. told a judge Wednesday they’d resolved the first filed but last remaining of the legal disputes …

Supreme Court Expands Patent Owners’ Recovery of Foreign-Based Damages

The U.S. Supreme Court ruled on Friday that companies can recover profits lost because of the unauthorized use of their patented technology abroad in a victory for Schlumberger NV, the world’s largest oilfield services provider. The 7-2 decision overturned a …

EU Parliament Panel Backs Stricter Copyright Rules Opposed by Tech Leaders

Google, Facebook , Microsoft and other tech giants could face more curbs on their market power after a European Parliament committee voted in favor of tougher copyright rules on Wednesday. The copyright rules, proposed by the European Commission two years …

Baseball Pitch Tracking Graphics Caught in Patent Brawl

The virtual strike zone has been a feature of televised baseball games for almost two decades. The graphical overlay shows viewers in real time whether a pitch is too high, too low, or just nicks the corner with a backdoor …

ABC Sued by Michael Jackson’s Estate for Music Copyright Infringement

Michael Jackson’s estate sued ABC on Wednesday, arguing that a special the network aired last week about the pop singer’s final days used his songs and music videos without permission. The copyright infringement lawsuit, which also names ABC’s corporate parent …

Apple Awarded $540M in Big Patent Win Over Smartphone Rival Samsung

After nearly five days of deliberations, a U.S. jury on Thursday said Samsung Electronics Co. Ltd should pay $539 million to Apple Inc. for copying patented smartphone features, according to court documents, bringing a years-long feud between the technology companies …

Merck Loses Bid to Collect Patent Infringement Damages from Gilead

A U.S. appeals court on Wednesday affirmed a ruling that pharmaceutical company Merck & Co. dishonestly obtained patent rights and was not entitled to collect a $200 million infringement verdict it won against rival Gilead Sciences Inc. The U.S. Court …

Supreme Court Upholds Patent Review Process Favored by High-Tech

The U.S. Supreme Court on Tuesday gave its stamp of approval to a government review process prized by high technology companies as an easy and cheap way to combat “patent trolls” and others that bring patent infringement lawsuits. The justices …