lawyers

The disadvantage of funding: patent trolls

Many of the headlines relating to today’s patent system absurdity involve big companies like Google, Oracle, Apple and Samsung. And for good reason: they have big money, and the most to gain (or lose) when it comes to patent disputes.

But patents are increasingly affecting smaller companies and upstarts, and not in a good way. In fact, it’s getting so bad that startups raising capital might not want to celebrate their funding too loudly these days.

Facebook Credits may be illegal: lawyers

In the run-up to the Facebook IPO, some observers are casting a skeptical eye towards the social network’s advertising business. Ads, not surprisingly, account for much of the company’s revenue, and there are certainly some areas of concern.

But if two lawyers have their way, Facebook’s virtual currency business, which many believe is also crucial to the company’s future, could be facing major challenges.