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Business Costs Quadruple on Patent-Owner Claims: BGOV Barometer

Bloomberg: Business costs have risen more than fourfold since 2005 over royalty demands filed by patent owners seeking quick profits, a study by Boston University School of Law researchers shows. The BGOV Barometer shows companies face $29 billion in expenses from 5,842 infringement claims filed in 2011 by so- called non-practicing entities, patent owners using their rights to collect license fees instead of producing products.

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businessweek.com
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Community4152d ago
50°

Apple has recently invented this new mind-blowing technology

Apple has recently invented this new mind-blowing technology. Though it is quite fascinating, it’s better to take these patents skeptically.

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techacrobat.com
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Community1125d ago
60°

Apple patents a special iPhone case that will allow for AirPods to charge

Apple has patented a brand new iPhone case that will have the ability to let users charge AirPods charge by latching themselves to it

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techacrobat.com
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Community1197d ago
50°

Apple settles with Qualcomm, licenses patents for chips ahead of 5G

On day two of the iPhone creator's and San Diego-based chipmaker's trial, the companies unexpectedly settled, killing the chance of a $27 billion verdict.

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venturebeat.com
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Community1834d ago