The patent wars continue.
Just weeks after AOL CEO Tim Armstrong was quoted as referring to AOL's 800-plus patent portfolio as "beachfront property in East Hampton" and reports surfaced that the company was shopping the collection, AOL sealed a deal with Microsoft worth just over $1bn.
While the violent and depressing patent wars that are being waged in the technology industry aren't new, Yahoo's patent infringement lawsuit against Facebook has created a firestorm in Silicon Valley.
From bloggers to venture capitalists to former employees, individuals are lashing out at the once-dominant portal, criticizing it for being desperate, evil or some combination of other less-than-nice words.
Facebook hasn't even gone public yet and it looks like the company's IPO honeymoon may be over before it starts.
Today, a consumer internet behemoth with which Facebook has maintained a relatively friendly relationship with, Yahoo, slapped the social networking giant with a lawsuit alleging that it is infringing on 10 Yahoo patents which focus primarily on advertising, but also include, for instance, an "Online playback system with community bias."
What do prepaid debit cards and location-based services (LBS) have in common? If a company called Green Dot is right, the answer is 'a lot more than you might think.'
The company, which is a major player in the prepaid debit card space, today announced that it has acquired mobile LBS startup Loopt for $43.4m in cash.
Google's Android operating system has proven to be a big hit, and that's good news for Google.
But it has also been good news for companies like Microsoft, which are profiting and seeking to profit from patents that Android may be infringing.
Now British Telecom has joined the Android patent litigation and licensing circus.
Despite questions about the global economy and volatility in the
markets, 2011 proved that there's no place quite like the technology
industry, where innovative new services and products continued to win
adoption by both consumers and businesses.
With 2012 just around the corner, it's time to ask: what's around the corner?
After building the world's largest, most popular and most profitable search, Google's second greatest achievement may be building one of the world's most popular mobile operating systems, Android.
With the mobile web booming, Android could one day prove to be a very profitable initiative for Google, but ironically it's already producing a profit for one of Google's greatest competitors, Microsoft.
Yesterday, Google agreed to acquire Motorola Mobility for $12.5bn. If regulators approve the deal, it will represent its largest acquisition ever.
It's a bold move by Google co-founder and now-CEO Larry Page, and one which could literally make or break Android.
Not surprisingly, the acquisition has sparked significant discussion and debate. We've rounded up some of the most interesting things observers are saying. The consensus? Google either made the best move of its life, or the worst.
Every week, it seems like at least a few of the tech blogosphere's top news
stories have something to do with patents. From patent auctions to
patent troll lawsuits that, at worst, threaten to put individual innovators out of
business, it seems that patents have become one of the biggest sources
of headaches in the tech industry.
According to billionaire internet entrepreneur and investor Mark Cuban,
the chaos created by software and process patents has some very big
negative effects: it's costing the U.S. economy jobs and spurring a
"Patent Arms Race" that will inevitably impact consumer prices. But he's
proposing a solution: eliminate the process patents that are used to
"Don't feed the trolls." Anybody who has ever participated on a message board or blog knows this is usually good advice.
When it comes to patent trolls, however, some of the world's largest companies can't find enough food. When faced with demands from companies that do little more than buy and license patents, tech stalwarts prefer feeding to fighting.
And for good reason: patent litigation is expensive, and a lost lawsuit can be even more expensive.