Newegg takes down infamous shopping cart patent troll

You personally may not have heard of Soverain Software, but the company is well-known to many online retailers. While Soverain owns several patents, they’re not a legitimate company, but rather a patent troll. They’ve been suing online retailers left and right for the past few years, claiming that their patent entitles them to 1% of every shopping cart transaction on the internet, but computer parts retailer Newegg.com finally took them down.

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Soverain actually ended up suing Newegg for $2.5 million in 2010, and won. They also sued Amazon in 2005 and walked away with $40 million. However, unlike other online retailers, Newegg wanted to fight until the death. Instead of taking the safe road financially and settling with Soverain, Newegg decided to take down the retail patent troll for good.

Newegg ended up getting the 2010 court case overturned, thus invalidating all other lawsuits handed out by Soverain, effectively ending their reign on online shopping patent trolling. Newegg’s Chief Legal Officer Lee Cheng says that the attitudes of the court officials had a lot to do with Newegg’s win, when they finally decided that enough was enough and gave Soverain what it deserved.

Chong says that this isn’t the first time that the company has been hit with bogus lawsuits, saying that companies “claim to own the drop-down menu, or a search box, or Web navigation.” Chong also said that one of the reasons that Newegg was able to fight back so relentlessly was that the company is majority-controlled and had a bit more freedom to fight as opposed to other online retailers.

[via Ars Technica]


Newegg takes down infamous shopping cart patent troll is written by Craig Lloyd & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

How the "Shopping Cart" Patent Almost Ruined Online Shopping—And How Newegg Beat It

Newegg just took out one of the biggest patent trolls on the web. A troll so pervasive, it threatened to put out a mafioso lawsuit-insurance tax on basically every online retailer on the internet. Here’s how it happened, as told in a great writeup over at Ars Technica. More »

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PBS profiles Martin Goetz, recipient of the first software patent

PBS profiles Martin Goetz, recipient of the first software patent

PBS has been exploring a fair bit technology history with its digital shorts lately — examining the likes of animated GIFs, indie games and coding as art in its Off Book series — and it’s now tackled one issue that’s making more headlines than ever: software patents. It hasn’t provided a distilled history of the topic this time, though, instead offering a brief profile of the man who received the first software patent in 1968, Martin Goetz, as part of its Inventors series. Not surprisingly, he still sees a place for software patents, but admits that the current situation is “a little bit of a mess.” Head on past the break for the video.

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Source: PBS Inventors Series (YouTube)

Google patent application reveals Glass-like device with bone-conduction audio

Google patent application reveals Glasslike device with boneconduction audio

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Source: USPTO

Patent Hints at Laser-Controlled Google Glasses

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Google, Apple, Microsoft given go ahead to buy up Kodak patents

Back when Kodak announced that it would be filing for bankruptcy and selling off a large number of its patents to help with restructuring efforts, we all knew this sell off would be huge. As it turns out, that feeling was correct, with major players in the tech field like Google, Apple, and Microsoft all vying for a slice of that patent pie. Today a Judge approved the deal for those three tech giants to buy up Kodak’s patents, to the tune of $527 million.

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That certainly seems like a significant amount of money, but it’s actually a very depressing amount for Kodak. The company was originally hoping to net $2 billion for the sale of its patents, so the amount it’s actually getting is a fair bit less than its target. In any case, Kodak will now use this money to climb out of bankruptcy, hopefully becoming a more efficient company in the process.

What’s more, this sale marks the end of a lot of patent litigation for Kodak, which is most important aspects of this deal. In all, 1,100 patents were sold off, but Google, Microsoft, and Apple weren’t the only buyers. It seems that a lot of big names were interested in snagging some Kodak patents, with companies like Facebook, Huawei, RIM, Adobe, Samsung, and Fujifilm also participating in the purchase.

Now Kodak has a tough road ahead of it. It’s never easy for a company to bounce back from bankruptcy, and it might be even harder for Kodak considering how much ground it has lost in recent years. Still, shedding a lot of pending litigation while raising a little cash on the side is definitely a good start, so we’ll just have to watch and see what happens to Kodak from here on out.

[via The Wall Street Journal]


Google, Apple, Microsoft given go ahead to buy up Kodak patents is written by Eric Abent & originally posted on SlashGear.
© 2005 – 2012, SlashGear. All right reserved.

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