Rimon

Entries tagged “intellectual property”

The PROTECT IP Act Blacklists IP Infringing Websites: Do the Benefits Outweigh the Costs?

insights July 15, 2011

On May 12, 2011, Vermont Senator Patrick Leahy introduced the Preventing Real Online Threats to Economic Creativity and Theft of Intellectual Property Act of 2011 (PROTECT IP Act) to the Senate Judiciary Committee.  The bill is a revised version of the Combating Online Infringement and Counterfeits Act (COICA), which was unsuccessful a year ago. The…

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Does Pandora’s Lukewarm IPO Foreshadow Groupon’s Fate?

insights June 30, 2011

After filing for an IPO in Februrary, 2011, streaming music company Pandora went public on June 15, 2011 with little fanfare.  In contrast to LinkedIn which went public last month with a soaring valuation, Pandora’s valuation has been largely as expected.  Off the heels of LinkedIn, this could be seen as disappointing. Here is a…

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Trading on the Secondary Market

insights June 29, 2011

In recent years, the secondary market for stocks – a platform through which investors can buy and trade shares of private companies – has grown exponentially in size and use.  This year,    transactions on the online platforms of SharesPost and SecondMarket alone have totaled over $ 4.6 billion, and are projected to exceed $ 6.9…

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Geek in Trouble — Best Buy Believes Geeks will Get it in Trademark Infringement Dispute with Newegg

insights June 24, 2011

Being that my brand is BrandGeek®, when I saw the Wall Street Journal headline, “Now That Everyone Wants to Be a Geek, Lawyers Have Been Called,” I thought trouble surely was headed my way.  Thankfully, I’m not pedaling electronics, nor religion via VW Beetle, so it appears I’m safe.  For now.  Imagine the panic when…

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ICANN Approves Open Season on new gTLDs for 2013

insights June 23, 2011

On June 20, 2011, the Internet Corporation for Assigned Names and Numbers (ICANN) approved a new generic top-level domain (gTLD) program, first introduced in 2008.  The program will greatly increase the number of gTLDs allowed for use on the internet, which is currently limited to 22 (such as .com, .org, and .net). It allows new…

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Interpreting the Startup Visa Act

insights June 22, 2011

On March 14, 2011, Senators John Kerry and Richard Lugar introduced a bill titled the Startup Visa Act of 2011, which is an updated version of a 2010 bill.  If passed, the act would provide temporary work visas to various kinds of foreign workers if certain financial benchmarks are met. 1.       For foreign entrepreneurs: (a) a…

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NAD Teaches TransFair USA to fine tune Fair Trade Seals & Asks Avon to Amend Advertising

insights June 20, 2011

As discussed in my December 13, 2010 post, the National Advertising Division (NAD) of the Council of Better Business Bureaus (BBBs) offers a streamlined, self-regulatory mechanism for remedying false advertising claims made in nationally distributed advertisements.  While NAD has a 95% success rate, those advertisers who fail to follow NAD’s recommendations may find themselves before the FTC upon NAD’s recommendation. On February 16, 2011,…

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Supreme Court Confirms “Clear and Convincing” Standard for Patents

insights June 9, 2011

By a unanimous decision, the Supreme Court rejected Microsoft’s argument and affirmed the Federal Circuit’s strong presumption of proof that granted U.S. patents are valid. On June 9, 2011, the U.S. Supreme Court affirmed the Federal Circuit’s judgment, which had affirmed the district court’s judgment that awarded i4i $240 million for Microsoft’s infringement of U.S.…

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Silicon Valley: Connecting to Israel

insights June 6, 2011

Recent moves into Israel by companies from the Silicon Valley are a reminder that there are still many untapped opportunities for economic cooperation between two of the world’s foremost centers of high technology.  Innovative business cultures and common values make Israel and the Silicon Valley natural partners in the world of high-tech and venture capital.…

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What To Do if You Receive a Patent Infringement Notice – Part 1

insights June 6, 2011

Patents have many legitimate strategic uses, which seem great until you receive a letter or notice from someone claiming you are infringing one or more patent claims. The following are some actions that can be taken by a business after receiving such a notice. (1) Quick Check – Review the limitations of each asserted independent claim…

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