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Twitter Purchased 900 Patents From IBM To Avoid Lawsuit

Date:
March 8, 2014
Source:
Newsy / Powered by NewsLook.com
Summary:
Twitter paid IBM $36 million for 900 patents, according to an SEC filing. The move was in response to threats IBM would sue for patent infringement. Video provided by Newsy


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last updated on 2014-09-01 at 9:55 pm EDT

IBM Gets Closer To A Deal For Chip Making Unit With GlobalFoundries

IBM Gets Closer To A Deal For Chip Making Unit With GlobalFoundries

TheStreet (June 11, 2014) — IBM is getting closer to a deal for its semiconductor manufacturing unit with GlobalFoundries. IBM has been attempting to unload this unit, which loses up to $1.5 billion each year. GlobalFoundries is emerging as the most likely takeover candidate over other interested parties, such as Intel and Taiwan Semiconductor Manufacturing. The most valuable parts of the troubled IBM unit are its engineers and intellectual property. GlobalFoundries isn't very interested in IBM's manufacturing plants because it has its own modern facilities. Who gets to control what intellectual property will determine almost everything about this deal, including the price. IBM initially asked for more than $2 billion and potential bidders said they would be willing to pay half of that. In any case, the price has a lot of room to fluctuate depending on how much intellectual property IBM is willing to include. Video provided by TheStreet
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IBM: Why We're Spending $1B on Watson Supercomputing

IBM: Why We're Spending $1B on Watson Supercomputing

TheStreet (Jan. 9, 2014) — IBM's Watson supercomputer, famous for its appearance on the game show Jeopardy, is now spearheading the tech giant's latest push into cloud and big data. IBM executive Mike Rhodin explains why the bellwether is spending $1 billion on its new Watson business unit, which will be based in the heart of New York's 'Silicon Alley'. Rhodin also tells TheStreet's James Rogers how IBM is extending the supercomputer's reach from healthcare to enterprise computing.
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Microsoft Guards Patents With Lawyer Entourage at Nortel Trial

Microsoft Guards Patents With Lawyer Entourage at Nortel Trial

TheStreet (May 12, 2014) — Microsoft will have numerous lawyers on call at a trial to divvy up the assets of Nortel Networks, formerly the largest maker of phone equipment in North America. When Nortel collapsed in 2009, Microsoft teamed up with fellow tech companies Apple and Sony to purchase more than 6,000 of its patents for $4.5 billion. Now, Nortel's creditors are taking to court to argue who deserves the funds raised from that patent sale. The joint venture known as Rockstar Consortium is defending the patents' confidentiality and will request certain content of around 1,000 court documents to be redacted. Video provided by TheStreet
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Apple to Take Softer Approach as Patent War With Samsung Wages On

Apple to Take Softer Approach as Patent War With Samsung Wages On

TheStreet (July 10, 2014) — Apple will present arguments in a U.S. District Court in San Jose today, where it's expected to offer a "sunset period" giving Samsung time to redesign the nine features Apple says are infringing upon its patents, according to a report by Bloomberg. Apple's changing its tactic after having its request for a sales ban against Samsung rejected twice. Samsung has been found by a jury to be in violation of three of Apple's patents. They pertain to features including allowing a user to call a number directly from a Web site, automatic spelling corrections and unlocking the phone through gestures. Video provided by TheStreet
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