02
Nov
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OK, before I even get into this post, let me be clear: this is based on old news. However, it was news that no one seemed to pick up at the time, and when we discovered it, we thought it was quite interesting.

If you're unfamiliar with Lodsys, let's start with a history lesson. They're better known as the shell corporation offspring of a company called Intellectual Ventures LLC, a patent clearinghouse owned by a group of, shall we say, enterprising individuals. Their purpose? Buy as many viable tech patents as possible, and force major corporations into licensing (paying royalties) deals when infringement on any of these patents, which is actively searched for, is discovered.

27
May
trollface

You've all probably heard bits and pieces of news about a company called Lodsys in the last couple of weeks, (they've been "patent trolling" iOS app developers) even if you don't really keep up on all things fruit-related. If you're not familiar with the story, let me give you a quick rundown.

Lodsys is what we affectionately refer to as a "patent troll" - a company that buys up promising and often vague or [overly] broad patents in a hope of using them to threaten to sue the pants off people that they know might be infringing on them. Let me say that again - they find a patent, find out how many people might be infringing it, and then decide to buy it.