Crypto News 

Walmart Files two More Blockchain Patents

“With a blockchain, Walmart aims to keep private information completely private” writes Jp Buntinx for livebitcoinnews.com. With Walmart filing a patent for such a service, the future looks pretty bright for blockchain.Unlike what most people may expect, the company wants to use a distributed ledger to store payment data.Both of these filings revolve around using a blockchain-based infrastructure to secure payment data.It is not the first time Walmart shows an interest in blockchain. Source: livebitcoinnews.com Share This:

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Crypto News 

Amazon wins patent for data feed marketplace that could include bitcoin transactions

“The electronic retailers may combine the shipping address with the bitcoin transaction data to create correlated data and republish the combined data as a combined data stream” writes unknown author for cnbc.com. Amazon Technologies has won a patent for a marketplace that offers data feeds, including bitcoin transactions.In the first case, the filing described “a data stream that publishes or includes global bitcoin transactions (or any crypto currency transaction).”. The filing referenced bitcoin transactions twice as examples of possible products.The second example discussed how a law enforcement agency may want…

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Johnson & Johnson: Is Zytiga Patent Loss Priced In?

“Sans the acquisition, Pharmaceutical’s organic growth would have been 10%, and JNJ’s total organic growth would have been closer to 8%” writes Shock Exchange for seekingalpha.com. Generic Zytiga could arrive by Q4 2018 and could be a big blow to JNJ, given the profitability of Zytiga and its outsized revenue growth.If generic Zytiga arrives in Q4 2018, then it could stymie the company’s revenue growth for 2019.I think it’s important to point out that it may not be the high flyer suggested by the 12% reported revenue growth.It is unclear…

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Schlumberger fights to boost patent damages at U.S. Supreme Court

“Schlumberger said that the lower court ruling harms innovation by allowing companies to infringe competitors’ patents while risking minimal punishment” reports businessinsider.com. President Donald Trump’s administration backed Schlumberger, and urged the justices to overturn the lower court ruling, which it said “systematically undercompensates” U.S. patent owners who participate in cross-border commerce.Some justices, including conservative Justice Neil Gorsuch and liberal Justice Stephen Breyer, expressed concerns about applying U.S. patent laws abroad, while others indicated that Schlumberger should be fully compensated.In 2015, the Washington-based U.S. Court of Appeals for the Federal Circuit,…

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Crypto News 

BoA Publishes Patent for Permissioned Blockchain for Data Storage

“According to a patent application published on Thursday, April 12, Bank of America is considering using distributed ledger technology to replace parts of existing data-sharing systems” reports financemagnates.com. Coindesk reported that the system would reportedly be used to combine separate channels of data storage into a “single secure network,” streamlining all of a user’s data into one location. Some voices in the blockchain industry have begun worrying about the possibility of upcoming ‘patent wars,’ a problem that has plagued the tech industry for several years. “The race to patent [blockchain]…

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Patent troll VirnetX granted half a billion dollar verdict against Apple

“The dispute, now in its eighth year, has bounced between the district court, patent office and Federal Circuit since 2010” reports idownloadblog.com. VirtnetX Holding Corp. has scored a major legal victory in its legal battle against Apple.Tell the truth and you don’t have to worry about anything.” Apple denied VirnetX’s claims that its FaceTime, iMessage and VPN on Demand features infringe four VirnetX patents related to secure communications. SEC filings show VirnetX earns the entirety of its revenue from patent lawsuits.A federal judge in Texas awarded VirnetX, the kind of…

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The Apple Watch of the future could analyze your bicep curl or golf swing

“A patent recently filed by Apple seeks to use advanced sensors on a newly designed Apple Watch band to evaluate sports performance when using third-party equipment, such as golf clubs, baseball bats, footballs or barbells” writes Jen Booton for marketwatch.com. Apple says the motion, caliometric and EMG sensors could also be used to analyze the metrics of, say, a bicep curl to measure weightlifting performance and determine if a user is performing an exercise properly.As the user follows through with a specific sports motion, such as swinging a golf club…

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Apple Ordered to Pay Another $502 Million to VirnetX for Patent Infringement

“Despite Apple continuously losing to VirnetX in patent trials, the company still has a ray of hope as the patents held by VirnetX could be invalidated” reports iphonehacks.com. VirnetX had managed to extract over $223 million from Microsoft for patent infringement using the same patents.VirnetX has accused Apple of infringing on its secure communications patents with FaceTime, VPN on Demand and iMessage features in iOS. Over the years, Apple has been ordered to pay $625 million, and $532 million in different trials for patent infringement to VirnetX. In total, Apple…

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BlackBerry accuses Snapchat of infringing its messaging patents

“BlackBerry has filed a complaint against Snap accusing the company of infringing its patented messaging technology in the Snapchat app” writes Apr Edt for theverge.com. The complaint, which runs a hefty 71 pages, accuses Snap of infringing six patents including map improvements for mobile devices, advertising techniques, and UI improvements for mobile devices.The Snap complaint includes two patents (‘634 and ‘713) that also appear in the Facebook suit.BlackBerry previously filed a lawsuit in March against Facebook, alleging that the social media platform, WhatsApp, and Instagram also infringed on BlackBerry’s messaging…

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