News 

In FinTech, The Race for Patents

“As noted on IPwatchdog.com, some of the marquee names in tech are snapping up patents that might help shape the course of financial services moving forward” reports pymnts.com. And, according to Cipher, a data insights firm based in the United Kingdom, in FinTech, the patent race is one that is seeing some clear winners, among them large tech firms, with traditional banks trailing.IBM has just under 24,000 FinTech patents in its roster.That company had more than 2,500 patents granted and pending last year.Of those, nearly 1,000 patent “families” were tied…

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Crypto News 

Intuit Secures Bitcoin Payment Patent

“Business software company Intuit has secured a patent for bitcoin payment processing, according to Coindesk reports on Thursday (Aug. 9)” reports pymnts.com. Intuit, which operates the business accounting software tool QuickBooks, has also been focusing on its payments service since launching Intuit Payments several years ago.The U.S. Patent and Trademark Office published the patent, which describes a method to process bitcoin payments sent via text message that includes payment amount and validation based on a virtual payer account maintained by the payment service.That validation could be done in multiple ways,…

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Crypto News 

Intuit Awarded Patent for Processing Bitcoin…

“Intuit, a California-based software company, has obtained a patent license for its SMS-based Bitcoin payments processing framework” writes Nick Omo for livebitcoinnews.com. The trend of integrating cryptocurrency payments with mobile telecoms is something that is becoming popular in the emerging cryptocurrency narrative.Intuit is by no means a neophyte in the Bitcoin payment processing arena.One of the methods involves verification by the payment service that the payer’s balance is sufficient for the transaction. Source: livebitcoinnews.com Share This:

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Futures News 

Apple won’t make a touchscreen MacBook, but a virtual keyboard might be coming

“Three recently filed Apple patents show an expansion of the Touch Bar idea, including a fully customizable virtual keyboard, touch surfaces on the sides of a traditional keyboard, and more” writes Jake Krol for mashable.com. All of these new patents call back to older ones, which show earlier takes on the idea of a touch keyboard. Source: mashable.com Share This:

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Philip Morris sues BAT, alleging patent breach

“BAT will be challenging the validity of the patents upon which Philip Morris is relying, the spokeswoman said” writes Saabira Chaudhuri for marketwatch.com. Philip Morris, which sells its own tobacco-heating device IQOS in Japan, is alleging that some features of BAT’S Glo device infringe on technologies covered by two of its Japanese patents. Source: marketwatch.com Share This:

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U.S. jury asks Apple to pay $145 million in damages to Canada’s WiLan

“(Reuters) – A federal jury in California has awarded Canadian patent licensing company WiLan Inc $145.1 million in damages against Apple Inc for patent infringement, according to a court filing on Wednesday” writes Min Read for reuters.com. Founded in 1992 as a producer of broadband wireless technologies, Ottawa-based WiLan has shifted focus to licensing an extensive patent portfolio.The jury in San Diego determined that versions of Apple’s iPhone infringed two WiLan patents relating to wireless communications technology, WiLan, a unit of Quarterhill Inc, said in a statement.The company earlier rejected…

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Apple ordered to pay $145M in damages for patent infringement

“Apple must pay Canadian patent licensing company WiLan Inc $145.1 million in damages for patent infringement, a California jury ruled Wednesday” reports cnet.com. The jury said that some iPhone models of infringed two WiLan wireless communications technology patents, according to Reuters. Apple settled a long-running patent dispute with Samsung last June in a case that went all the way to the Supreme Court.This is second time the companies have met in court — Apple was found not guilty of infringing on other WiLan wireless networking technology patents in October 2013, 9to5Mac…

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Apple must pay $145.1 million for infringing on patents

“Apple has been ordered to pay out $145.1 million in damages for infringing on patents held by the Canadian patent licensing company WiLan” writes Luke Dormehl for cultofmac.com. A federal jury in San Diego, California ruled that the iPhone infringed on two WiLan patents.As the biggest tech company in the world, Apple has long been a top target for patent lawsuits.These “8,457,145” and “8,537,757” patents relate to wireless communications tech — specifically bandwidth request protocols in a wireless communication system and adaptive call admission control.However, since then it has shifted…

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U.S. jury awards $145 million damages to Canada’s WiLan against Apple

“(Reuters) – A federal jury in California has awarded Canadian intellectual property company WiLan Inc $145.1 million in damages against Apple Inc for patent infringement, according to a court filing on Wednesday” writes Midwest Communications Inc for 95kqds.com. The jury in San Diego determined that versions of Apple’s iPhone infringed two WiLan patents relating to wireless communications technology, the patent licensing company said in a statement. Founded in 1992 as a producer of broadband wireless technologies, Ottawa-based WiLan has shifted focus to licensing an extensive patent portfolio. Source: 95kqds.com Share This:

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IBM wins $83 million from Groupon in internet patent fight

“IBM invests nearly $6 billion annually in research and development, producing innovations for society,” IBM spokesman Douglas Shelton said in a statement” reports businessinsider.com. A jury in Delaware said Groupon used IBM’s patented e-commerce technology without authorization following a two-week trial.FILE PHOTO: The logo for IBM is displayed on a screen on the floor of the NYSE in New York Thomson Reuters By Jan Wolfe (Reuters) – A U.S. jury on Friday awarded International Business Machines Corp $83 million in a patent dispute with e-commerce company Groupon Inc .”We rely…

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