A Call to Patents

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A Call to Patents:
A look at the current state of patents held by social media and technological companies.

The intellectual property of social media businesses has seen a rise in the acquisition of patents. For such a fast growing industry, will this “arming” of corporate enterprises and the verdict of one monstrous case determine what could be a legal onslaught within the technological industry?

Published in: Business, Technology
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A Call to Patents

  1. 1. A CALL TO PATENTSA look at the current state of patents held by social media and technological companies By Ross Hornish
  2. 2. HISTORY OF PATENTS Litterae Pantentes Sybaris, Greece – 500 B.C. John of Utynam – England – 1449 1790 – Article I, Section VIII U.S. Constituion “Congress shall have power . . . To promote the progress of science and useful arts, by securing for limited times to authors and inventors the exclusive right to their respective writings and discoveries.”
  3. 3. HISTORY OF PATENTS“That is because the purpose of patents is twofold: toprotect the inventor and to speed technologicalprogress.”Does flourishing technology go hand in hand withuninhibited technological progress?
  4. 4. ONLINE PRESENCE John Abrams – Nightclub owner (former CEO Friendster)“A method and apparatus for calculating, displaying and acting uponrelationships in a social network.” (US Patent - 7,069,308) Amazon.com’s patent“A networked computer system [that] provides various services forassisting users in locating, and establishing contact relationshipswith, other users."
  5. 5. ONLINE PRESENCE Trolling • What is it and who does it? Billion-dollar Lawyer • James Desmarais
  6. 6. CASES Yahoo vs. Facebook Legality vs. Industry Norms CEO Scott Thompson Interesting timing of suit
  7. 7. YAHOO VS. FACEBOOK“Pathetic and heartbreaking last stand for Yahoo.”Eric Hippeau,former chairman, Yahoo
  8. 8. YAHOO VS. FACEBOOKAmmunition Yahoo – 3,330 Patents Facebook – 160 Patents Reported they purchased 780 patents from IBM (22nd of March 2012)
  9. 9. CASESTwitter Total patents as of 2010 – 0 Total patent applications as of 2012 – 1“Its like a race: look back and you lose speedand, eventually, the contest.”
  10. 10. TWITTERVS Technologies vs. Twitter Inc.“were not „new ideas‟,but were established”
  11. 11. MICROSOFT$1.1 Billion for 800 Patents
  12. 12. TWITTER’S ARESENAL Anyone? Pull-to-refresh Possible sightsat Apple Inc.?
  13. 13. PINTREST – TREAD SOFTLY “if they were to profit offJonathan Klein, of theseCEO of GettyImages images, there would be a lawsuit filed for the monies owed”
  14. 14. INTERVIEWLauren Seiter• Business and Commercial Litigation• New York State Bar
  15. 15. CONCLUSION “It‟s better to have a patent and not need one, than to need a patent and not have one”
  16. 16. QUESTIONS?

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