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Bites (noun): extra meaty information to sink your enamel into.
Barks (noun): peripheral noise price your consideration.
Comfortable Friday from the IPWatchdogs: Luna, Loki and Coco
This week in Different Barks & Bites: HP sues a Chinese language competitor for infringing on cloud computing patents; three federal businesses launch portal to report anti-competitive practices within the healthcare sector; and a European courtroom rejects Pablo Escobar’s household to register the drug lord’s identify as a trademark.
Bites
Federal Companies Launch Portal for Public Reporting of Anti-competitive Practices in Healthcare
On Thursday, April 18, the Justice Division, Federal Commerce Fee (FTC), and the Division of Well being and Human Providers (HHS) launched an internet portal for the general public to report anti-competitive healthcare practices. The studies will go to the Justice Division’s Antitrust Division and the FTC. The transfer is a part of the Biden Administration’s wider efforts to decrease healthcare and prescription drug prices, which incorporates pharmaceutical corporations dealing with authorized motion “in the event that they delay entry of generic opponents with improper patent listings.” FTC Chair Lina M. Khan stated, “this joint initiative between FTC, DOJ and HHS will present a vital channel for the businesses to listen to from the general public, bolstering our work to examine unlawful enterprise practices that hurt customers and employees alike.”
European Courtroom Rejects Pablo Escobar Trademark
On Wednesday, April 17, the European Union Common Courtroom blocked Pablo Escobar’s household’s trademark of the notorious drug trafficker’s identify. The choice upheld the EU Mental Property Workplace’s (EUIPO) ruling that rejected the trademark utility. In a press release, the courtroom stated that it relied on the notion of the Spanish public to guage the morality of the trademark.
Reddit Cracks Down on Copyright Infringement After Going Public
On Tuesday, April 16, social media website Reddit published its newest Transparency Report for the second half of 2023. The report consists of information that exhibits consumer bans for repeat copyright infringement elevated by 258%. The info comes off the again of Reddit going public final month because the discussion board social media website struggles to search out profit-making ventures. On this time interval, the corporate stated it acquired 67,493 copyright takedown notices requesting the elimination of 779,628 items of content material, and Reddit eliminated 541,440 items of content material in response to the notices.
Hewlett-Packard Enterprise Sues Chinese language Competitor for Patent Infringement
On Monday, April 15, Hewlett-Packard Enterprise filed a lawsuit in a California district courtroom in opposition to Chinese language cloud-computing firm Inspur Group accusing the agency of patent infringement. The lawsuit particulars 5 HPE patents that Inspur Group allegedly infringed upon associated to server expertise. HPE claims that Inspur produces and sells a wide range of merchandise in america that infringe on its patents. Final 12 months, the Biden Administration positioned Inspur on a commerce blacklist amongst different Chinese language corporations.
Barks
Texas Jury Guidelines Samsung Owes Competitor $142 Million for Patent Infringement
On Wednesday, April 17, a Texas district courtroom jury submitted a verdict that stated Samsung owes G+ Communications $142 million for infringing on its competitor’s 5G patents. The jury discovered Samsung answerable for infringing on two G+ patents granting two lump sums to compensate for the infringement.
Appeals Courtroom Affirms PTAB Ruling That Rejects Timberland Boot Design Trademark
On Monday, April 15, the U.S. Courtroom of Appeals for the Fourth Circuit issued a ruling that affirmed a Patent and Trademark Attraction Board (PTAB) determination that rejected boot maker Timberland’s trademark utility for boot design options. In accordance with the circuit courtroom, the PTAB was appropriate to rule that Timberland did not show that its boot design carries a particular which means. Read further for full IPWatchdog protection.
USPTO Names 2024 Nationwide Patent Utility Drafting Competitors Winner
On Monday, April 15, the U.S. Patent and Trademark Workplace (USPTO) introduced the College of Missouri – Kansas Metropolis Faculty of Legislation because the winner of the Nationwide Patent Utility Drafting Competitors (NPADC). The competitors concerned contributors working towards their patent utility drafting, amending, and prosecution abilities. The UC Berkeley Faculty of Legislation acquired second place and the College of Detroit Mercy Faculty of Legislation was named third place.
Amazon Allegedly Tried to Steal Commerce Secrets and techniques from Dealer Joe’s
On Saturday, April 13, The Wall Avenue Journal reported that Amazon has allegedly tried to steal commerce secrets and techniques from grocery store chain Dealer Joe’s. An nameless supervisor claimed that Amazon tried to stress them to disclose commerce secrets and techniques about Dealer Joe’s, their former employer. Amazon has been making an attempt to develop its personal model of grocery store gadgets to be offered on-line and in shops.
This Week on Wall Avenue
Meta Releases New AI Assistant
On Thursday, April 18, Meta released a brand new AI assistant referred to as Meta AI on Fb, Instagram, WhatsApp, and Messenger. The expertise is powered by Llama 3, Meta’s massive language mannequin, and the tech firm constructed it hoping to rival OpenAI’s ChatGPT. In its bulletins, Meta has touted the AI assistant’s skill to generate pictures and textual content with integration in a number of apps.
ASML Misses Q1 Gross sales Expectations with 22% Drop
On Wednesday, April 17, chipmaker ASML released its Q1 earnings report that beat revenue expectations however with considerably fewer gross sales than anticipated with a 22% drop. ASML inventory dropped almost 5% after the earnings report was launched. Whereas its income beat expectations, revenue nonetheless dropped almost 40%, however weak demand for shopper merchandise that use chips and semiconductors has shaken the chip market.
Quarterly Earnings – The next corporations recognized amongst the IPO’s Top 300 Patent Recipients for 2023 are saying quarterly earnings subsequent week (2023 rank in parentheses):
- Monday: Verizon (75), SAP SE (83)
- Tuesday: Alphabet (8), RTX (13), Texas Devices (34), Visa (118), Danaher Company (175)
- Wednesday: IBM (3), Meta Platforms (41), Boeing (47), AT&T (71), Boston Scientific (96), Thermo Fisher Scientific (169), ServiceNow (261)
- Thursday: Intel (12), Microsoft (17), Amazon (18), Honeywell Worldwide (44), T-Cellular (58), Comcast (78), Caterpillar (92), Sanofi (215)
- Friday: Exxon Mobil (192)
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