4 ms·
I thought it was impossible to be more of a douchebag than Intellectual Ventures, but apparently, there's a new winner in town. It was obvious when the Rockstar
by cromwellian 13y ago
I thought it was impossible to be more of a douchebag than Intellectual Ventures, but apparently, there's a new winner in town. It was obvious when the Rockstar bid won and you looked at who made up the group, what was going to happen.
I used to get really angry and outraged when reading stories like this, but now I'm just resigned. Patent reform isn't going to happen and this kind of predatory and unethical abuse of the system by sharks and parasites will continue as the cost of doing business.
One can only hope for karmic retribution one day.
- alwaysinshade 13y ago"I thought it was impossible to be more of a douchebag than Intellectual Ventures, but apparently, there's a new winner in town." What Rockstar is doing is very shitty, but IV takes the cake because they're a non-practicing entity. It's one thing to sue competitors for making products similar to your own, it's another to make no products and sue people who dare to make something vaguely encroaching your vaguely defined patent.
- oniTony 13y agoBut that's exactly what Rockstar does. From the article: > Part of the company's strategy is avoiding a patent-countersuit by not having any operating businesses. Essentially, Rockstar wants to enjoy the same advantage patent trolls have, even though it's owned by direct Google competitors like Apple and Microsoft.
- alwaysinshade 13y ago"But that's exactly what Rockstar does" Rockstar acts as a firewall, sure, but the parent companies make things. IV made a mosquito-killing laser that no one could buy, then allegedly got down to business by flicking individual patents to shell LLCs and suing indie app developers for using iOS's in-app-purchase APIs. Classy.
- zmmmmm 13y agoI think RockStar is even worse because they are an NPE that is a sham front set up to further the anticompetitive business interests of two of the largest and most dominant companies on the planet. That's all the evil of a patent troll plus extra ...
- eru 13y ago> [...] largest and most dominant companies on the planet. ... in software.
- zmmmmm 13y agoNo. By market cap, Apple is the largest company in the world, full stop[1]. Microsoft is number 7, having spent much of the 90's at #1. Google does not rank at all. So at least by some definitions these companies are indeed the largest in the world without qualification. [1] http://en.wikipedia.org/wiki/List_of_corporations_by_market_capitalization http://en.wikipedia.org/wiki/List_of_corporations_by_market_...
- eru 13y agoMarket cap is one indicator. You can also look at full capitalization, ie debt plus equity. Or you look at number of employees, or total sales. Also, quoting your Wikipedia article: "Some state-owned companies are far larger than even the largest public corporation. For example Saudi Aramco's value has been estimated at $10 trillion, which is twenty times the size of Apple [...]." Anyway, Apple and Microsoft are pretty big and dominating in their industries. No doubt about that.
- sanxiyn 13y agoGoogle actually ranks 15. http://www.ft.com/intl/indepth/ft500 http://www.ft.com/intl/indepth/ft500
- axman6 13y agoHang on a sec, if the patents are found valid, and Google etc. are found infringing, then they have s/broken the law/failed make appropriate agreements so that they are then allowed by the owner of the monopoly defined by the claims to use the defined invention, and are now liable to a civil suite from the owner of said patents in order to exercise their exclusive right granted by the ownership of a letters patent/. s/Breaking the law/Using patented inventnions/ is OK when you're Google, but an abomination if Apple/MS do it I guess? Obviously Google knew the value of the patents, and clearly knew the contents, and if it's found they continued to infringe them, then they're getting what's coming to them. If it were small companies without the resources to discover the patents they might be infringing it'd be a different matter, but this is absolutely not the case here. Edit: law ain't broked, but Google et al potentially open to exclusion of the use of the inventions defined by the exclusive patent right.
- 6thSigma 13y agoGoogle didn't bid on these patents because they were infringing - they bid on the patents so they wouldn't get patent trolled.
- axman6 13y ago... if they're not infringing, then they have nothing to worry about. Are you kidding me?
- 6thSigma 13y agoNo I'm not kidding you - patent trolls sue looking for a settlement because fighting the suit usually costs much more than settling would.
- smsm42 13y agoThat reminds me "if you're a honest person, you need no privacy". It's not like there are tons of bullshit patents on everything on Earth from hyperlinks to rounded angles. Of course if you're a honest man you have never to fear from bullshit patents and the words "patent troll" mean just a character in Discworld novels who is a troll and makes living my analyzing patent applications.