I think you are getting confused with PP.No. Scott Walker and the Republican legislature will appropriate the money and give it to their donors as 'tax breaks' for nothing.
I think you are getting confused with PP.No. Scott Walker and the Republican legislature will appropriate the money and give it to their donors as 'tax breaks' for nothing.
It's all about "Case Precedence". Give an inch, they take a mile.Just shut up and pay up Apple, that kinda money is done the back of Tim's sofa's!
But alas I suspect Apple would rather spend double the damage amount on lawyers endlessly appealing the case.
A university takes in state and federal tax payer money to fund much of their operations. Secondly they get more notoriety if they publish more research which attracts more government funds and makes more students want to go to their institution... If UWS dont want to be involved in taking government money, then they should do their research separately as a business. Should a non profit even be allowed to apply for a patent?I fail to see why so many would care where the patent comes from as a problem. Why would it make a difference
if the University has some grants or funding? Why would a University or any entity take the time to invest and do R&D on anything if there wasn't going to be monetary gain? Seems like what they have come up with is something that mobile computing and computing in general needs or wants. Other companies are using the technology and after some prodding are paying to use it.
Oh, come on. U of W?? We know 95% of any payment is going to beer.This is not true. At most Universities, students can and often are listed on the patent filings and are often a part of any deals in which the patents are used. For example, the University of Wisconsin distributes as follows:
First $100,000 of Income per license (Laboratory Share distributions)
20% to Inventor(s)Income over $100,000 per license (Department Share distributions)*
70% to Research Program of Inventor(s) through a quarterly Laboratory Share Distribution
10% included in the WARF gift to campus
20% to Inventor(s)
15% to Department/ Center through an annual Department Share Distribution
65% included in the WARF gift to campus
According to the patent in question, there are four listed inventors. I am not sure how much the patent attorney and legal fees are associated with this process, but let's just assume they take half of the settlement. That is $117 million to the attorneys and $117 million to the school. Of the $117 million to the school, each inventor will receive their share of 20% of the payout. That is $23.4 million between the four of them.
My suspicion is that the lead inventor will take the most, followed by the supporting inventors. Let's spitball and say the lead inventor gets half of the payout while the other three get 16.6% each. This means they each receive the following:
Andreas I. Moshovos (assumed lead, listed first): $11.7 millionThis is also not to mention the funds that will go to the department to pay for graduate student stipends, laboratory and research upgrades, tenured faculty, recruiting, etc. This is a big boon for UW, it's professors, students, and staff.
Scott E. Breach: $3.9 million
Terani N. Vijaykumar: $3.9 million
Gurindar S. Sohi: $3.9 million
Also, this does not take into account ongoing royalties. If Apple wants to license the patent, they'll have to pay for it.
A university takes in state and federal tax payer money to fund much of their operations. Secondly they get more notoriety if they publish more research which attracts more government funds and makes more students want to go to their institution... If UWS dont want to be involved in taking government money, then they should do their research separately as a business. Should a non profit even be allowed to apply for a patent?
They dont even pay student athletes who generate billions for universities directly and indirectly. Yet somehow researchers who do research that may not ever make a dime off the research should be allowed to cash in even as their research and education was funded by the tax payers. Secondly, doing research is not the same as being able to create a product and a viable business around the research. You go to school for the education unless you work there.
Im not one way on this but I think there something to be said for tax payers paying multiple times for the same thing. We paid for the research why shouldnt we get to benefit from it without having to pay again through patent wars from institutions who had no intention of making a viable product out of it. They assumed no risk of actually doing business and making a product that is sellable.
good to know then that your iPhone uses beer based tech.Oh, come on. U of W?? We know 95% of any payment is going to beer.
But they still feel the need to solder memory and make things proprietary because they do not make enough.Really put's into perspective how much money Apple is making.
Free tuition for all!![]()
No. Scott Walker and the Republican legislature will appropriate the money and give it to their donors as 'tax breaks' for nothing.
School gets 80%. WARF gets 20%
They actively license a lot of their patents. Through 2013 they had 160 active patents, ranking them 6th behind Univ. of California, MIT, Tsinghua University (China), Stanford, and Univ. of Texas (hook 'em horns). University research is big business. Why shouldn't they benefit from the work?
Quite the contrary. Wisconsin taxpayers have been getting raped by the UW system for too many years. UW is financially irresponsible.No. Scott Walker and the Republican legislature will appropriate the money and give it to their donors as 'tax breaks' for nothing.
Fortunately for us, that's not how it works. Normally you have informative quotes. There's so much wrong in this particular quote, I'm inclined to believe someone is impersonating you. You said, "We paid for the research why shouldnt we get to benefit from it?" What benefit do you get when multi-billion companies can just "borrow" the patent from us (the tax payer), use it to their benefit, and grow their profit? If your scenario was valid, we would still be paying multiple times with no benefit to the tax payer. Suffice it to say, that's not how it works.A university takes in state and federal tax payer money to fund much of their operations. Secondly they get more notoriety if they publish more research which attracts more government funds and makes more students want to go to their institution... If UWS dont want to be involved in taking government money, then they should do their research separately as a business. Should a non profit even be allowed to apply for a patent?
They dont even pay student athletes who generate billions for universities directly and indirectly. Yet somehow researchers who do research that may not ever make a dime off the research should be allowed to cash in even as their research and education was funded by the tax payers. Secondly, doing research is not the same as being able to create a product and a viable business around the research. You go to school for the education unless you work there.
Im not one way on this but I think there something to be said for tax payers paying multiple times for the same thing. We paid for the research why shouldnt we get to benefit from it without having to pay again through patent wars from institutions who had no intention of making a viable product out of it. They assumed no risk of actually doing business and making a product that is sellable.
Is anyone annoyed that a university would be allowed to do this? Especially one one that gets tax payer money and has no plans to use said technology for making actual products. Do they plan to pay this money out to the students who came up with this?
I admit I don't really know how patent law works, but how can you accidentally infringe on a patent? I thought they were supposed to be specific designs that one could only make by copying them.The presiding judge ruled Apple had not willfully infringed on WARF's patent, so the damages award will stay at $234 million.
If we were talking about things like wheels, a pully a block of wood then perhaps.
When we are talking of millions of tracks laid out in specific patterns on a silicon chip, then not in a million years would you ever lay things out in the exact same way as someone else.
this comment made me literally LOL.Let me look under this couch cushion...oh yeah, here you go.
I admit I don't really know how patent law works, but how can you accidentally infringe on a patent? I thought they were supposed to be specific designs that one could only make by copying them.
Oh how the ignorance can fly around here. "tax breaks for nothing"
When government "TAKES" less from you, they are not giving you anything. They are taking LESS.
When the government gives someone a "tax credit" (primarily for lower income), they are giving someone money (usually from higher income). This is how Demoncrats give their voters money, cell phones, health care, etc. All for votes. Of course it is disguised in political speeches that most of the lower income can't, don't, or don't care to understand. They just want their free crap.
So giving stuff away for "nothing" is a Demoncrat way of buying votes, not a republican thing.
The facts are that they wealthiest 1% pay more taxes than the lower 95%. An unbelievable statistic that shatters anyones obnoxious statements that the wealthiest should pay more or don't pay enough.
http://taxfoundation.org/blog/tax-burden-top-1-now-exceeds-bottom-95
You mean don't use your reasonable part of the brain. That's rather hard to do.
If the people who worked on this actually get the money you claim, than I'm happy for them. Though I'm still disgusted by the amount the attorneys get.
The students who designed it were probably working for the university on paid research grants, and many of them are likely getting a free education as well. When I went to graduate school I had to pay, but between research grants and paid teaching.. I was debt free when I finished the degree.
This thread still needs the obligatory; University of Wisconsin = patent trolls.