
“Patent demands are taking a big toll on technology companies, with results that range from forcing companies to tweak their products to exiting their business altogether, according to a Santa Clara University study. The study underscores the increasing difficulty of dealing with patent claims. Patents have become a major part of business strategy, with companies like Apple and Samsung battling each other in courts around the world in cases that could result in hundreds of millions of dollars in damages. The SCU report focuses on patent demands from companies that do not themselves make anything. Many detractors call them ‘patent trolls.'”
http://www.insurancejournal.com/news/national/2013/05/06/290950.htm
Related posts:
France’s new ‘cat cafe’ is predictably full of rescued kitties
Scotland's independence could see descendants worldwide eligible for passport
Supreme Court rejects appeal of shoplifter serving life sentence
Pentagon considers arming Syrian rebels again
White House insists NSA surveillance review will be independent
Congress Is Nervous About This Whole Bitcoin Thing
Nazi hunters call on Twitter to crack down on terrorists
Officials now say New Zealand milk scare was a false alarm
Subway Founder: 'Wouldn't Exist' If Started Today Due to Regulations, Then Calls For Min. Wage Hike
8 Chinese police officers fired for skinny dipping at tourist destination
Japan nuclear body says radioactive water at Fukushima an ‘emergency’
We're a year into the unofficial war against Isis with nothing to show for it
Porn, wine and kazoos on IRS worker charge cards
S. Korea, U.S. practice occupying N. Korea
I was a Saudi arms dealer’s ‘pleasure wife’