"Invention is the most important product of man's creative brain. The ultimate purpose is the complete mastery over the material world, the harnessing of human nature to human needs."
Spotify agreed to a $43.4 million settlement after a year-and-a-half long legal battle, which began when musician David Lowery filed a $200 million class action accusing Spotify of knowingly distributing copyrighted songs without paying for mechanical licenses. Read more here.
The Supreme Court on Monday placed tight limits on where patent lawsuits may be filed. Read more here.
Universal Secure Registry is suing Apple and Visa, arguing that Apple Pay digital payment technology violates its patents directed towards authentication systems that use a smart phone, biometric identification such as a fingerprint, and the generation of secure one-time tokens to conduct financial transactions. Read more here.
As 43North continues to mature and establish itself within the entrepreneurial community, the Buffalo-based competition has changed its approach from collecting as many applications as possible to a more measured approach that focuses on quality over quantity. Read more here.
Align Technology, maker of braces alternative Invisalign, hit $1 billion in sales in 2016, in large part due to its arsenal of more than 400 U.S. and 300 foreign-issued patents covering everything from the type of plastic that’s worn in patients’ mouths to the software orthodontists use to plan out teeth movements. Read more here.
The American Bar Association Section of Intellectual Property Law wrote a letter to the U.S. Patent and Trademark Office stating that the current ambiguity in patent law caused by Mayo v. Prometheus and Alice v. CLS Bank should not be the final word on how 35 U.S.C. § 101 is interpreted. Read more here.
The Buffalo Billion II is intended to build on the foundation laid out by the first Buffalo Billion, while also spreading the economic development plan’s focus into smaller initiatives intended to build on the projects in the first phase and branch out into new neighborhoods and communities that were not part of the first phase. Read more here.
Ivanka Trump continues to file trademark applications for her clothing line brands in the United States and foreign offices, particularly China. Read more here.