Grant Ross, at IDG News Service reports that Chinese officials have agreed to “crack down on software and other piracy” and to “take steps that state-owned organizations use legal software.” The specifics of what steps the Chinese Government will take are as of yet forthcoming, leading the US Chamber of Commerce to describe any “progress” as being “incremental.” Regardless, should the promises hold true, this may be an important step in the relationship between the two countries as DRM moves closer to the center of the media industry in the years to come.#2. Medtronic Loses Patent Fight in German Court
Michael Flannelly at The Dividend Daily reports that on Friday, the District Court of Mannheim, Germany ruled against the medical giant when it held that Medtronic’s (NYSE: MDT) transcatheter heart valve technology infringes a patent owned by Edwards Lifesciences (NYSE: EW). Shares of Edwards were up 3.7 percent at $68.25 in early afternoon trading on the New York Stock Exchange, while shares of Medtronic were down 1.4 percent at $53.01. In November, the US Court of Appeals decided similarly and awarded Edwards $74 million.
#3. Interview with a TROLL
David Segal, at the New York Times sat down with Erich Spangenberg, owner of IPNav (a full service “Patent Monetization” firm) and talked about his work as a Troll. According to a recent report by RPX, a patent risk management provider, over the past 5 years, IPNav has sued over 1,600 companies, the most by any “entity” in the patent field.
Read the article here.#4. Washington Redskins QB, RG3 Hits Gets Blocked in Pursuit of Trademark.
Mandour & Associates, APC, reports a hiccup in Robert Griffin III’s bid to trademark his nickname, RG3. Griffin, the rising NFL star formed Thr3escompany, LLC in January 2012 to develop a label and start producing merchandise bearing his nickname, RG3. However, an Irivine, CA based motorcycle company, Research Group 3 asserts that Griffin is infringing their RG3 trademark used on merchandise.
#5. London Olympic Opening Ceremony Raising More IP Issues
Oliver Wainwright at The Guardian reports that in addition to the Olympic Torch raising IP eyebrows, the glowing duvets used in the Opening Ceremonies might have infringed somebody’s property rights. Rachel Wingfield claims to have invented a similar bed covering 10 years before the opening of the London Games.
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