NPR's Planet Money looks at Intellectual Ventures, the patent-exploitation firm started by former Microsoft CTO Nathan Myhrvold. Intellectual Ventures presents itself as a firm that goes to bat for inventors, buying up their patents with the intention of getting big guys who abuse them to pay up. But the reality discovered by Planet Money is very different: Intellectual Ventures doesn't put up very many compelling reference customers for their "protecting and enriching inventors" mandate, but there are
examples of patents being sold on again to out-and-out trolls who make nothing but lawsuits, using shaky patents to attack big and small firms and extract rent from them. It appears there's even a town in Texas where empty office buildings house the "headquarters" of shell companies who buy poor-quality patents from distressed companies and get big judgements from a sympathetic local court. Overall, Planet Money paints a picture of software patent aggregators like IV as parasitic bullies who use their enormous patent portfolios to intimidate other firms into paying fees that end up being incorporated into the prices that you and I pay when we buy goods and services.
It's kind of a cliche to knock on the door of the empty office. But we'd flown a long way. So we knocked. No one answered.
When Patents Attack
The office was in a corridor where all the other doors looked exactly the same —locked, nameplates over the door, no light coming out. It was a corridor of silent, empty offices with names like "Software Rights Archive," and "Bulletproof Technology of Texas."
It turns out a lot of those companies in that corridor, maybe every single one of them, is doing exactly what Oasis Research is doing. They appear to have no employees. They are not coming up with new inventions. The companies are in Marshall, Texas because they are filing lawsuits for patent infringement.
Patent lawsuits are big business in Marshall, which is part of the eastern district of Texas.
(Image: DSC09309, a Creative Commons Attribution (2.0) image from 25734428@N06's photostream)
The European Union is in the final stage of deciding on net neutrality, and as it stands their proposal contains major loopholes that threaten the open Internet in Europe and around the world. BEREC, the EU regulator, is holding a final public comment period that will end on July 18.
You might could also try Gangstagrass.
The monthly Report on Business magazine in the Canadian national paper The Globe and Mail profiled my work on DRM reform, as well as my science fiction writing and my work on Boing Boing.
If you want a quality vaping experience, it’s usually going to cost you. Vaporizers that deliver a fast, controlled burn will set you back up to $300, which is why the FEZ Vaporizer (now just $99) is an absolute steal.The FEZ dry herb pen does everything that more expensive models handle at a reduced price. It heats up […]
Taking pictures can be challenging. There are a million factors that can influence each shot you take – and unless you’re a trained photographer, you often just focus, click…and cross your fingers.Of course, you can take some of the ambiguity out of your picture-taking with this Hollywood Art Institute Photography Course & Certification package, now […]
Experienced shutterbugs with DSLR cameras have boatloads of lens options for capturing the moment. Unfortunately, smartphone photographers often get stuck with their one crummy lens, which means limited zoom and focus for their final image.Step up your smartphone’s photographic power with the Acesori 5-Piece Smartphone Camera Lens Kit, now just $9.99 in the Boing Boing Store.Magnetic rings easily […]