Lonnie Johnson’s having a good week. The former NASA engineer just won $73 million in a royalties dispute with the toymaker Hasbro for inventing the Super Soaker, the coolest toy you ever had growing up. The lawsuit also covered royalties for Nerf which Johnson also masterminded because he is awesome.
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Math! It can solve a lot of problems. It can be made deliberately fuzzy. It can help us break down complicated things. Like artist music royalties from streaming music stations. When David Lowery revealed that
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A million of anything is pretty much always an insanely impossible number. Winning a million dollars, having a million Twitter followers, selling a million products—anything done a million times is something to be proud of. But maybe not getting your song streamed on Pandora a million times. All you get sometimes is 16 measly dollars. Or $16.89 to be exact.
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Just last week Microsoft added Foxconn’s parent company to its growing list of licensees for patents it asserts are key to Android, and now ZTE has inked a deal with Ballmer and Co. as well. Now that the pact is in place, Microsoft says it’s struck patent accords with roughly 20 hardware makers, and that 60 percent of phones sold with Google’s open source OS are covered by such licenses. With HTC and LG already paying Redmond royalties for devices using Android, that leaves the likes of Google, Motorola and Huawei as the odd manufacturers out. If Motorola has its way, however, that won’t change.
Filed under: Mobile, Microsoft, Google
Source: Reuters
When Microsoft and Nokia married at the temple of Windows Phone last year, the dowry was nothing if not complicated. Nokia had to pay a minimum amount in software royalties to Microsoft each quarter, regardless of how many Lumia smartphones it sold, but the financial hit was more than cancelled out by Microsoft’s “platform support payments” coming back the other way. At some point, however, the net flow of cash was always bound to switch direction, as the cost of the software royalties grew to exceed Redmond’s $250 million quarterly support payments, effectively bringing the whole thing closer to being a zero-sum transaction. According to Nokia’s latest financial report, that turning point has now been reached and the company’s accountants will have to start writing a minus where there used to be a plus. The extra expense makes it doubly fortunate that Nokia has just returned to profitability — at least if future quarters prove it really has.
Filed under: Cellphones, Mobile, Microsoft, Nokia
Via: AllThingsD
Source: Nokia
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