Steven Levy's Wired magazine feature on the cancerous multiplication of patents has all the hallmarks of Levy's work: excellent, eminently readable, human-scale tech reporting that makes important issues comprehensible.
The rise of trolls came as a result of a court system that seemed to favor them every step of the way. The vagueness of the underlying patents, the ridiculous ease with which plaintiffs could file a suit, the high costs defendants faced, and the unthinkable consequences of losing—all created an environment in which trolls were routinely rewarded for filing frivolous suits. But by the late 2000s, courts and the legislature began slowly chipping away at these factors. In 2003 a company called MercExchange successfully sued eBay over the provenance of its Buy It Now button. When eBay appealed, MercExchange took the common step of asking for an injunction against the defendant, which would have barred eBay from using the disputed technology as long as the case remained open. This was intended to prevent firms from profiting unfairly from someone else’s invention. But all too often it further pressured companies to settle quickly so they could go back to business. Courts could be quick to grant such injunctions, but when the issue came before the Supreme Court in 2006, the justices determined that more care should be taken with that drastic step. This precedent made it harder for challengers to threaten a defendant’s entire business.
Lax enforcement from the SEC has allowed the biggest companies in America — 90 percent of the companies in the S&P 500, led by the faltering energy sector — to ignore the “Generally Accepted Accounting Principles” (GAAP) in presenting their financial information to investors, manufacturing nonexistent profits in quarters where they suffer punishing losses.
Reuters reports that VW is about to tell the federal judge in San Francisco in charge of its case that it will offer to buy back nearly half a million of its diesel vehicles from owners who were deceived about the cars’ emission standards and performance when the company engineered its cars so that they […]
Almost everyone has their smartphone in a case of one kind or another. Beyond simple protection, finding a case that can charge your phone on its own, but doesn’t feel like it’s also adding a couple pounds to the phone’s weight is the tricky part. Billed as the world’s thinnest battery case, the ThinCharge iPhone […]
You never know when new projects, ideas or opportunities can drop into your lap at a moment’s notice. That may require you to learn a new programming language like Python. Or maybe you need a primer on 3D game development. Or you might realize you could use a serious brush-up on iOS mobile creation.Point is, […]
Isn’t it about time to stretch what your Mac can do? I mean, you’ve got plenty of great programs now…but don’t you think you could use some new tools to get your creative, analytical and organizational juices really flowing? It’s spring, so we cleaned up a whole bunch of super-cool apps lying around and packaged […]