Patent troll Lodsys retreats, won’t go to court over claim it “owns” online purchases

Lodsys, the notorious patent troll that feeds by bleeding small app developers, has folded its cards rather than go to court with a company that is challenging its claim to a monopoly on internet purchasing. Ars Technica has a colorful account of the “tremulous troll” and Eugene Kaspersky, the man who faced it down because the troll reminded him of extortionists from his native Russia. Alas, Lodsys will live another day, though it must still fight off Martha Stewart, who is suing to crush the troll in Wisconsin.