Apple Pays '7-Figure Settlement' in 'iAds' Trademark Lawsuit?

Discussion in 'MacRumors.com News Discussion' started by MacRumors, Nov 1, 2010.

  1. MacRumors macrumors bot

    MacRumors

    Joined:
    Apr 12, 2001
    #1
    [​IMG]


    [​IMG]

    Snippet of Web posting mentioning '7-figure settlement' for 'iAds' trademark

    CNET reports that Apple appears to have settled a trademark lawsuit over the term 'iAds', reportedly paying a firm in excess of $1 million for the rights to the name it has used for its mobile advertising platform for the past several months. The revelation comes in an apparent slip from Consor Intellectual Asset Management, a firm that helps companies worth intellectual property issues, in the form of a promotional posting in which Consor touted its role in achieving the settlement for a client.
    Oddly, when CNET contacted Consor about the deal, the company initially denied that any such announcement had been made. Upon being informed that the information was freely available on the web, a Consor representative claimed that some of the information "wasn't accurate".

    The most likely explanation for Consor's attempts to distance itself from the release is that it erred in publishing details what was intended to be a confidential settlement with Apple over the trademark issue, although it is possible that Consor was in fact incorrect about the amount of money involved.

    Article Link: Apple Pays '7-Figure Settlement' in 'iAds' Trademark Lawsuit?
     
  2. tigres macrumors 601

    tigres

    Joined:
    Aug 31, 2007
    Location:
    Land of the Free-Waiting for Term Limits
    #2
    Watch apple get it's money back, oh the irony...
     
  3. Donz0r macrumors 6502a

    Joined:
    Jun 29, 2006
    #3
    7 figures, so less than 10 million? heh, chump change
     
  4. Arcus macrumors 6502a

    Arcus

    Joined:
    Dec 28, 2004
    Location:
    of my hand will get me slapped.
  5. jav6454 macrumors P6

    jav6454

    Joined:
    Nov 14, 2007
    Location:
    1 Geostationary Tower Plaza
    #5
    Not much then. I though it'd be in the 25Million range.
     
  6. mbrannon47 macrumors regular

    Joined:
    Jun 20, 2010
    #6
    You'd think a reputable law firm would get the name of the corporation correct. Apple Computer hasn't existed since 2007.
     
  7. MacPhilosopher macrumors 6502

    Joined:
    Jul 26, 2005
    Location:
    Phoenix
    #7
    The sad part of this and every other trade, intellectual and copyright suit is the cost is eventually paid by the consumer. It just another cost of doing business.
     
  8. alhedges macrumors 6502

    Joined:
    Oct 5, 2008
    #8
    It's not a law firm, it's a consulting firm that has law firms as clients...but getting "Apple Computer" wrong pales in comparison to releasing what should be confidential information on a website...:eek:
     
  9. stoopkitty macrumors member

    Joined:
    Jan 26, 2010
    #9
    corecction:

    "Upon being informed that the information was freely available no the web..."

    change to "on the web..."
     
  10. skeep5 macrumors 6502a

    skeep5

    Joined:
    Mar 16, 2006
    Location:
    AZ
  11. MacLawyer macrumors demi-god

    MacLawyer

    Joined:
    Aug 1, 2009
    Location:
    U.S.A.
    #11
    If there was a non-disclosure agreement and they put that out there, they may in turn get sued by Apple. :D
     
  12. canyonblue737 macrumors 6502a

    Joined:
    Jan 10, 2005
  13. Bonch macrumors 6502

    Bonch

    Joined:
    May 28, 2005
    Location:
    Lithuania
    #13
    Note to self: trademark common words with an i in front of them. Then profit.
     
  14. dlewis23 macrumors 6502a

    Joined:
    Oct 23, 2007
    #14
    They will get it back for sure, one way or another.
     
  15. bobob macrumors 68030

    bobob

    Joined:
    Jan 11, 2008
    #15
    They're already all iGone.
     
  16. IMPMAC macrumors member

    Joined:
    Mar 4, 2009
    #16
    I must patent something with an "i". Its a good investment! ;)
     
  17. triceretops macrumors regular

    Joined:
    Feb 28, 2003
    Location:
    Illinois
    #17
    Like iPoop? Oops, already taken.
     
  18. BornAgainMac macrumors 603

    BornAgainMac

    Joined:
    Feb 4, 2004
    Location:
    Florida Resident
    #18
    or

    "...was freely available. Just Google it..."
     
  19. paul4339 macrumors 65816

    Joined:
    Sep 14, 2009
    #19
    i wonder how much apple spent on it's legal reps to resolve to a 7-figure settlement.

    P.
     
  20. womble2k2 macrumors regular

    Joined:
    Apr 1, 2009
    Location:
    London
    #20
    iHiFi
    iMusic
    iVision
    iEntertainment
    iMedia
    iCalculator
    iPencil
    iPen
    iPaper
    iInk
    iAir (ultra thin iMac !?!)
    iWindows (if Apple bought MS!)
    iClock with iAlarm (just don't rely on it when Daylight saving ends!!)
    iBlu-Ray (!!!!)
    iCar
    iJet
    iFuel
    iWall
    iFridge
    iOven
    iWater

    It might take some time !!!!!
     
  21. ghostlyorb macrumors 6502a

    ghostlyorb

    Joined:
    Jan 9, 2010
    Location:
    Virginia, USA
    #21
    I wish MacRumors had a "like" button for comments... Cause I would "like" this. Just saying.:rolleyes:
     
  22. Digitalclips macrumors 65816

    Joined:
    Mar 16, 2006
    Location:
    Sarasota, Florida
    #22
    iCan't be bothered. ;)
     
  23. Mochi Hana macrumors 6502a

    Mochi Hana

    Joined:
    Jul 30, 2010
    Location:
    Texas
    #23
    iStove
    iMicrowave
    iShower
    iToilet
    iTrash Can
    :D:D
     
  24. Don Kosak macrumors 6502a

    Don Kosak

    Joined:
    Mar 12, 2010
    Location:
    Hilo, Hawaii
    #25
    Hmm, a seven figure settlement. Wonder if it had a clause that said, "If you disclose the settlement, we get our money back..." That would be comical.

    Such clauses are common in settlement deals. The settler (Apple) in this case, doesn't want any of this being disclosed. It's bad for business and leads to other cases being brought against them by folks that think Apple is an easy mark.
     

Share This Page