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Xeeva Secures AI Patent For Procurement Spend Analysis

“Procurement technology firm Xeeva has announced a new patent pertaining to enhanced spend analytics, the company said in a recent press release” reports pymnts.com. Xeeva has been issued a patent for its Virtual Data Manager technology, which integrates artificial intelligence to strengthen the quality and consistency of “imperfect” data.The firm’s Virtual Data Manager and Virtual Catalog Manager technologies deploy artificial intelligence to classify data, categorize information and create catalogs based on strategic sourcing data.The technology enables the cleansing and classification of spend data as well as the ability to analyze…

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All Tesla patents are now free-to-use, because Elon Musk is a saint

“According to him, more electric vehicles on the road is better for the world, and more important than Tesla holding a monopoly over the market” writes Aakash Jhaveri for mashable.com. But honestly, looking at the slow pace of how the world is yet adapting to electric vehicles, patents by Tesla available to all will help small scale/large scale companies to manufacture these vehicles easier. Source: mashable.com

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Federal Court Rules That Patent Troll Can’t Hide Its Machinations

“A federal judge has ordered that prolific patent troll Uniloc cannot hide its shell games from the public” writes Daniel Nazer for eff.org. As Judge Alsup suggested in court, Uniloc appeared to be using complex machinations to hide its patents or its assets, possibly to avoid being hit with sanctions.Ultimately, Uniloc should not be able to hide which entity owns (or claims to own) a patent. Source: eff.org

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U.S. patents dip in 2018 as China’s share grows

“I think most of the 3.5 percent decline in 2018 patent grants can be attributed to this” writes Larry Cady for venturebeat.com. The number of U.S. utility patents granted declined in 2018 after many years of growth and a record-breaking 2017.Asia holds the largest share of 2018 U.S. patents after the U.S. at 31 percent, while Europe holds 15 percent.Foreign countries received about 54 percent of the total U.S. patent grants in 2018, with U.S. companies receiving 46 percent.As of December 31, 2018, Samsung Electronics has 61,608 active patent families,…

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FICO Targets Data With New Fraud, AI Patents

“The first outlines a mechanism to create profiles for financial accounts to more easily identify instances of fraud based on existing fraud data” reports pymnts.com. The second describes a tool to detect when fraudsters are “testing” stolen card data via the use of real-time data.Credit data company FICO has secured five new patents related to fraud, artificial intelligence and analytics technologies, according to StreetInsider reports on Monday (Jan. 7). That solution, too, aims to support borrowers by adding more data into the assessment of borrowers’ credit health. Source: pymnts.com

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India’s top court allows Monsanto to claim patents on GM cotton: company source

“Monsanto logo is displayed on a screen where the stock is traded on the floor of the NYSE Thomson Reuters NEW DELHI (Reuters) – India’s Supreme Court on Tuesday allowed Monsanto to claim patents on its genetically modified cotton seeds in the world’s biggest producer of the fiber, a company source said” reports businessinsider.com. U.S. seed maker Monsanto, which was bought by German drug and crop chemical maker Bayer AG , last year appealed to India’s Supreme Court against a ruling by the Delhi High Court which decreed that the…

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Merck loses bid to revive $200 million Gilead verdict at U.S. high court

“In 2016, a jury in Delaware said Gilead infringed a related patent and ordered it to pay Merck $2.54 billion in royalties, the largest verdict ever in a patent case” writes Midwest Communications Inc for 95kqds.com. But a judge threw out the verdict in February 2018, ruling that Merck’s patent was invalid because it was not sufficiently detailed in its wording.The judge also said a Merck in-house lawyer testified untruthfully in a deposition and at trial about his participation in a confidential call with Pharmasset personnel. Source: 95kqds.com

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U.S. top court rejects Amgen over cholesterol medication patent fight

“WASHINGTON (Reuters) – The U.S. Supreme Court on Monday declined to take up Amgen Inc’s bid to reinstate a jury verdict it won against rivals Regeneron Pharmaceuticals Incand Sanofi SAin a patent dispute over cholesterol medication” writes Midwest Communications Inc for 95kqds.com. Amgen had argued that the U.S. Court of Appeals for the Federal Circuit misunderstood the statutory requirements for patenting an invention.Thousand Oaks, California-based Amgen sued Regeneron and Sanofi in 2014, alleging that Praluent infringed patents relating to Amgen’s competing drug Repatha.A jury returned a verdict in 2016 that…

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Apple suspends some iPhone sales in Germany as Qualcomm ponies up

“Qualcomm responded by suing Apple for patent infringement and seeking a ban on iPhone sales” writes Shara Tibken for cnet.com. Apple is pausing sales of some older iPhones in Germany during a patent fight with chipmaker Qualcomm.Apple reportedly plans to issue a software update in China to alter its technology so it no longer infringes Qualcomm patents. Source: cnet.com

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awarded an original design patent for “Fabric

“On January 1, tech giant Apple was granted an original design patent for “Fabric.”” writes Jennifer Pattison Tuohy for dwell.com. But smart fabric is a new frontier in technology companies’ quest to connect every piece of ourselves and our homes.In the ongoing onslaught of smart devices, one area that has been slower to develop is “clever clothing.”.  Source: dwell.com

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