The notorious Intellectual Ventures is creating “partnerships” in hot emerging areas of tech. The deals appear to be an attempt to deflect from IV’s awful reputation and lay the ground for future patent trolling.
Intellectual Ventures, which has been the scourge of the tech industry for years, may be in trouble after reportedly laying off 20 percent of its staff.
The government and the media are taking an increasingly dim view of patent trolls. The biggest of the trolls is responding with new lobbying efforts.
As the tide turns against patent trolls in the media and Washington, Intellectual Ventures is pushing back – in part by seeking another $3 billion to expand its controversial business model.
Spun off from Intellectual Ventures and backed by Bill Gates, Kymeta is having little trouble raising the funds it needs to develop its new metamaterial satellite antenna technology.
Neither public shaming nor calls for reform from the highest level of government has dissuaded Intellectual Ventures from its massive patent lawsuit campaign against businesses large and small.
Rackspace will see Parallel Iron and IP Nav in federal court where it will ask for damages in a bid to stop patent troll abuses
If the world wants solutions to its most intractable problems — getting enough food, water and fuel for 9 billion people, for example — entrepreneurs must be able to try out big ideas. And fail sometimes.
Intellectual Ventures has been invisibly bleeding billions from creative companies — but its activities don’t often come to light thanks to a clever use of shell companies. This could change.
The CEO of Intellectual Ventures says his company’s philanthropy means he is doing more good for the world than GigaOM. The claim fails to account for the harm to innovation he is causing through ruinous patent suits.