Recently Daedalus Blue LLC has sued tech giant Microsoft over patent infringement. The suit has been filed in Western District of Texas (case no 6:20-cv-01152, Daedalus Blue LLC v. Microsoft Corporation). Daedalus Blue claims that Microsoft’s Azure cloud computing product…
Providing the required amount of electricity and heat to society while respecting the environment is one of the biggest hurdles that humankind is facing now. The International Energy Agency predicts that energy demand will increase by 30% in the years…
Recently TwinStrand Biosciences entered into an worldwide non-exclusive agreement to sublicense its DNA sequencing technology to Foundation Medicine. TwinStrand Biosciences is a Bellevue, Washington based company working in the field of DNA sequencing technologies. Foundation Medicine is a US based…
Recently, Swedish telecom company Ericsson has filed a lawsuit in the US against South Korean company Samsung for breach of contractual commitments and failure to negotiate the patent licensing and payment terms in good faith, essentially under FRAND (Fair, Reasonable…
Under the pre-2004 provisions of the Patents Act, section 55 of the Patents Act provided that an application may be made to court for the grant of a license after 3 years from the date of the grant of a…
Intellectual property is the creative work of human intellect. The primary motivation to protect these ‘knowledge goods’ is promotion of innovation and creativity by striking a balance between protecting the inventor or creator’s rights and fostering follow-on or cumulative developments.…
Recently, India and South Africa have filed a joint submission to the Council of the Trade-Related Aspects of Intellectual Property Rights (TRIS), requesting the WTO to waive off certain provisions of the TRIPS Agreement, in order to make sure that…
Introduction Patent legislation in Sri Lanka can be traced to the earlier years of this century. As pointed out by T.A. Blanco White "the basic theory of the patent system is simple and reasonable. It is desirable in the public…
Abstract Trademark is a type of intellectual property consisting of a recognizable sign, design, or expression which identifies products or services of a particular source from those of others. Trademarks licensing is an agreement through which the Trademark owner permits…
Intellectual property rights (IPR) have come to be a crucial asset in improving businesses in today’s global economy. They’re pivotal with regard to the success of small and medium-sized enterprises (SME) by way of providing a safeguard to their innovations…