Business, Software Programs, VR World

Abstract Software Patents are Out, Says Supreme Court

Abstract Software Patents Warrant

The Supreme Court of the United States of America (SCOTUS) yesterday ruled that software patents based upon abstract ideas are invalid. In the ruling, the Supreme Court ruled that abstract software patents (where arguments had ended on March 31st) that are essentially based on an idea and an idea alone are not valid. This is basically the Supreme Court ruling that you cannot simply claim a patent on a process by simply taking it and adding the idea of adding a computer system to it and suddenly having it become a legitimate patent. Unfortunately, though, the US Patent and Trademark Office (USPTO) has granted thousands of

Read More...

Business, VR World

Newegg Scares Off Another Patent Troll

In the company’s continued efforts of not agreeing to settle with any patent trolls, Newegg has once again defeated a patent troll in partnership with GEICO to fight off BS patents and patent claims. In a blog post titled, Patent Trolls, They Fold Like a Cheap Suit When Faced With Trial, Newegg’s Chief Legal Officer,Lee Cheng talked about the company’s latest run in with a patent troll from the mecca of patent trolls, East Texas. The litigant, Macrosolve, started this series of litigation in 2011 with a filing of more than 75 lawsuits in the Eastern District of Texas against companies from all different types of industries. They

Read More...