But their website states that the inventor of the patents does not receive any revenue from licenses. The only entities receiving revenue are the new owners and Lodsys, which are not innovating using the patents as the inventor would have, but rather making profit purely from holding them. I don't understand how that is advancing innovation.
It seems to me as though Lodsys are merely acting as middlemen in the name of profit.
in short they want money for something they didnt even invent themselves nor have they any use for. their business should be forbidden like it is in the EU among other places if im not mistaken
I have to correct you. Patent holding companies do not "make a business out of suing people". They exist to advance innovation by rewarding the inventors. They collect patents and license them to tech companies. Just like, say, music record companies or publishing companies work with musicians and writers. Then of course, some companies use inventor ideas but do not want to pay. That's where lawsuits come into picture. Apple does the same to protect their intellectual property (but on much bigger scale than any "patent troll").
I'm all for giving credit where credit is due. But the issue is that this is a ridiculously stupid patent. It is essentially a patent on clicking a button to purchase a digital commodity.
The real issue is that software patents like these get issued in the first place. They should require an actual functioning implementation and not just an idea.
I happen to agree. I would prefer to pay $20 upfront for an App instead of $1 as an in app purchase. Because most freemuim apps are pay to win games or crippled productivity apps that require the in app purchases to function fully.
I'd be okay if they decided to remove in-app purchases. I hate downloading crippled apps that nickel and dime you for every feature.
Give me a price and let me buy the entire thing. Everyone always says they don't want to pay for $5-10 apps but after you purchase all the missing parts that's what you end up paying.
Also making you pay for features that I feel should be included. My biggest example is the recently release Status Board that makes you PAY to do TV Mirroring.
You are wrong. They exist purely to hold patents and make a business out of licensing them.
Only when miscreants steal their property are they forced to sue anybody.
HTH.
You are wrong. They exist purely to hold patents and make a business out of licensing them.
Only when miscreants steal their property are they forced to sue anybody.
Does that mean that Apple could move all the App Store servers to Europe and they would be out of Jurisdiction to US Courts?
In the UK, the buying of counterfeit goods is technically committing a crime. It might not be right, but that's the way it is.
I have to correct you. Patent holding companies do not "make a business out of suing people". They exist to advance innovation by rewarding the inventors. They collect patents and license them to tech companies. Just like, say, music record companies or publishing companies work with musicians and writers. Then of course, some companies use inventor ideas but do not want to pay. That's where lawsuits come into picture. Apple does the same to protect their intellectual property (but on much bigger scale than any "patent troll").
In the UK, the buying of counterfeit goods is technically committing a crime. It might not be right, but that's the way it is.
App developers are clearly customers. They are customers of an app service arrangement that distributes their product, in some cases entirely for free, and in other cases for a 30% fee. The App developers are clearly customers. No doubt or confusion.demand letter quote said:First, you assert that, "nder its license, Apple is entitled to offer these licensed products and services to its customers and business partners, who, in turn, have the right to use them." May 23 Letter at 1 (emphasis added).
Really? Do you know how much patent holding companies pay to "reward" the inventors?
Musicians and writers get royalties. However small a percentage, they get paid when their work gets used (with some notable exceptions, but that's a digression).
If you know of any case where an inventor gets amply rewarded by a patent holding company, in any proportion to the millions reaped from suing actual, innovative tech companies of all sizes, please cite one. You won't find such a case, because it doesn't exist. If it did, you could be assured that Intellectual Ventures would be holding them up as a poster child. Reference the This American Life story for a reality check.
Are you associated with IV or one of its numerous shell entities?
More accurately you are a patent troll if I don't like you. If I like you then it's OK to patent things you will never make just so you can sue others.
For instance if you like Apple they are always the victim: whether they are the ones stealing someone else's IP or the one's being stolen from.
If Apple gets a patent then they have a legal right to destroy anyone infringing on their patent. However, if Apple uses someone else's patent then the person that owns the patent is evil for thinking of it first. Heck Apple probably thought of it first but that evil other company snuck into Steve Jobs head and stole the idea before Apple engineers were able to extract it from Steve's lifeless brain matter.
My biggest example is the recently release Status Board that makes you PAY to do TV Mirroring.
If the inventor didn't feel he was getting rewarded by selling his patent then he probably shouldn't have sold it.
You are wrong. They exist purely to hold patents and make a business out of licensing them.
Only when miscreants steal their property are they forced to sue anybody.
HTH.
Your argument does nothing to support the patent troll argument that their businesses encourage innovation. An inventor develops an invention; patents it; then tries to start a business. That's generally how it works. When they fail, they sell the patent in order to salvage something from their efforts. It's generally a pittance, and not an amount that would have induced them to invent something had they known in advance that that was going to be the eventual reward.
The goal of the patent system is not to reward anyone; that's the job of the free market. The patent system is intended to encourage innovation. Innovation is created at two stages: by the developer of the "idea", and the development of a useful product from the idea. Patent trolls do little to help the creation of ideas; and are detrimental to development of anything that exploits the idea. Patent trolls work against the goal of the patent system.