business
Microsoft to appeal $106 million VirnetX patent verdict
VirnetX , a software corporation founded in 2005, has prevailed in a patent-infringement lawsuit accusing Microsoft of willfully infringing on two patents for automatic and secure Virtual Private Network (VPN) technology. The Texas jury recommended an award of $105.75 million, which is less than half of the $242 million that VirtnetX asked for. Still, the verdict was a very positive one for VirtnetX.
Continue reading »Battle lines drawn in Apple-Google warfare
Top talent choosing sides – or bailing Updated The battle between Apple and Google is heating up, with execs taking potshots at each other and Silicon Valley insiders choosing sides – some by getting new business cards.…
Continue reading »Lifelock Dinged $12 Million for Deceptive Business Practices
The CEO of Lifelock, Todd Davis, became famous for advertising his Social Security number on television ads and billboards promising his $10 monthly service would protect consumers from identity theft. The company also offered a $1 million guarantee to compensate customers for losses incurred if they became a victim of identity theft after signing up for the service. But the Federal Trade Commission said Tuesday that the claims were bogus (.pdf) and accused Lifelock, based in Arizona, of operating a scam and con operation.
Continue reading »3rd UK Law Firm Targets Illegal File-Sharers
TBI Solicitors sends out an unspecified number of letters to suspected illegal file-sharers threatening legal action unless they agree to pay £700 in compensation ($1,000 USD). One of the tactics employed by copyright holders to try and get a handle on illegal file-sharing is to give overzealous law firms free reign to target as many illegal file-sharers as possible. The tactic has obviously never worked, despite one law firm, ACS Law referring to it as a “ revolutionary business model ” that “generates revenue for rights holders and effectively decreases copyright infringement in a measurable and sustainable way” unlike the “costly and ineffective” anti-piracy measures of other companies.
Continue reading »Music biz unites to save 6Music
BPI and AIM join forces for Beeb’s unwanted radio baby Two wings of the music business which rarely agree on much have come together to condemn the BBC’s apparent desire to snuff out BBC 6Music.…
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