Marathon names interim CFO and new director after CFO Knuettel resigns

Marathon Patent Group Inc. (MARA), the patent licensing company that is developing a blockchain technology business, said it appointed Director David Lieberman on April 26 to be interim chief financial officer after the resignation of CFO Francis Knuettell II on April 22. Los Angeles-based Marathon said Knuettel "did not resign for any reasons related to [...]

By | April 26th, 2018|exec changes, Patent Investing|0 Comments

(Update1) InterDigital posts 11.5% decline in 1st-Qtr profit due to new revenue recognition standard

InterDigital Inc. (IDCC), the mobile technology development and licensing company run by CEO William Merritt, posted an 11.5% decline in first quarter 2018 net income because of the adoption of a new revenue recognition standard. The Wilmington, Delaware-based company said its first quarter earnings fell top $29.9 million, or 84 cents a share, from $33.8 [...]

By | April 26th, 2018|earnings, Patent Investing|0 Comments

Altaba reduces value of Excalibur portfolio a third time to $640 million

Altaba Inc. (AABA), the technology company formerly called Yahoo! Inc., reduced the value of its Excalibur IP patent portfolio to $640 million from $665 million in an April 23 filing with the Securities and Exchange Commission. This was the second reduction in the value of the Excalibur portfolio this year when it reduced the value [...]

By | April 25th, 2018|Patent Investing|0 Comments

(Update1) Qualcomm posts 75% drop in fiscal 2nd-Qtr profits due to royalty dispute with Apple

Qualcomm Inc. (QCOM), the semiconductor technology and licensing company run by CEO Steve Mollenkopf, posted a 75% drop in net income in the fiscal second quarter of 2018, driven in part by on ongoing dispute with Apple and its contract manufacturers. San Diego, California based Qualcomm said second quarter net income fell to $400 million, [...]

By | April 25th, 2018|China, earnings, litigation, Patent Investing|0 Comments

(Update1) High Court’s ruling on so-called ‘partial institutions’ of IPRs seen benefiting petitioners and patent holders

The U.S. Supreme Court’s decision in SAS v. Iancu, which rejects partial institution decisions on inter partes reviews,  is far more momentous than the high court's decision in Oil States v. Greene Energy, which affirmed the constitutionality of the IPR process, because SAS revises existing practices while Oil States reinforces the status quo. In SAS [...]

By | April 24th, 2018|Patent Investing, PTAB, Supreme Court, USPTO|0 Comments

(Update1) High court’s ruling on constitutionality of IPRs said to weaken U.S. Patent System and threaten U.S. innovation

The U.S. Supreme Court’s ruling in Oil States v. Greene Energy upholding the constitutionality of the inter partes review process before the Patent Trial and Appeal Board may have cemented a weaker patent system that will hurt innovation in the U.S. and soon allow China to surpass the U.S. as the leading innovator in the [...]

By | April 24th, 2018|Patent Investing, Patent Reform, PTAB, Supreme Court|0 Comments

High court upholds the constitutionality of the IPR process as expected in blow to patent holders

The U.S. Supreme Court upheld the constitutionality of the inter partes review process before the Patent Trial and Appeal Board in a 7-2 decision in Oil States Energy Services LLC v. Greene’s Energy Group LLC written by Justice Clarence Thomas in which the hight court emphasized the narrowness of the decision and noted arguments not [...]

InterDigital names Dolby Labs’ Eric Cohen as chief development officer

InterDigital Inc. (IDCC), the mobile technology licensing company run by CEO William Merritt, said it named Eric Cohen, a former executive from Dolby Laboratories and investment banker at Cowen Group, as its chief development officer. Wilmington, Delaware-based InterDigital said Cohen will lead a combined business strategy and corporate development organization, responsible for acquisitions, strategic investments [...]

By | April 23rd, 2018|exec changes, Patent Investing|0 Comments

Quarterhill shareholders re-elect Skippen, Parker and other directors

Quarterhill Corp. (QRTH), formerly known as WiLAN Inc., said Executive Chairman Jim Skippen was re-elected to the board of the diversified holding company at the recent annual meeting. Skippen, who was replaced as CEO last year by Douglas Parker, received only 83% of the vote, the lowest of the eight directors elected. Parker led all [...]

By | April 20th, 2018|exec changes, Patent Investing|0 Comments

Qualcomm’s acquisition of NXP seen facing rejection in China, a casualty of looming trade war between China and U.S.

China IP market watchers said the Ministry of Commerce of China’s request for Qualcomm Inc. (QCOM) and NXP Semiconductors N.V. (NXPI) to withdraw and refile their notice of acquisition may be a precursor to a decision to scuttle the deal, the latest casualty in a looming trade war between the U.S. and China. The request [...]

By | April 20th, 2018|China, Patent Investing|0 Comments