Feb 17
President Obama lashed at the Patent Trolls during his Google+ Hangout and said that his administration’s attempts at patent reforms had only gone about half way of where they should have been. In response to an entrepreneur, who raised concerns about her friends being afraid of starting new businesses because of patent trolls, President Obama said “They don’t actually produce anything themselves. They are essentially trying to leverage and hijack somebody else’s idea and see if they can extort some money out of them.” (more…)
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