Articles Tagged with “Intellectual Property”

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Intellectual property is an incredibly valuable asset for almost any organization, especially when innovative designs and processes are at stake. Intellectual property includes anything from patents and trademarks to copyrights and trade secrets. For start-up businesses or even businesses that are already in operation in California, it’s important for owners to understand the importance of intellectual property.

When it comes to intellectual property, businesses want to ensure that they do not ‘contaminate’ their own trademark by using similar designs or information from other companies. It is critical that upon creation of one’s business that everything is done from scratch and is researched to ensure that it isn’t similar to any other business out there. Otherwise, a company could run into disputes, especially when that company gets off the ground quickly and successfully.
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As any California resident is probably well aware of, intellectual property rights have gone from being a relatively obscure issue to taking center stage over the past 20 years thanks to a number of emerging technologies. Nowadays, people can share songs, books and movies with ease. People are also creating their own content at a record pace. Naturally, this has led to a lot of interest in intellectual property rights.

Although many economies rely on intellectual property rights, few may compare to the reliance of the United States upon them. California may especially rely on these rights thanks to Hollywood and Silicon Valley. Indeed, a new survey conducted by the U.S. government shows that 40 million jobs are supported by intellectual property rights. That’s more than a quarter of the U.S. workforce, or 28 percent.
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Jury selection for an intellectual property suit between two technology heavy-hitters began on April 16. The case, which is being tried before a federal court in California, involves Oracle Corp. and Google, with Oracle accusing Google of copyright and patent infringement. It is seeking $1 billion in damages as well as an injunction to prevent Google from further distributing the popular Android mobile operating system.

The heart of the matter concerns the development of the Android system. Oracle is alleging that Google improperly used Java in developing Android. Java is an Oracle-owned product that allows for developers to easily write programs for use on any computer. It specifically says that Google infringed on two patents, as well as infringed on the copyright Oracle holds on a technology known as application programming interfaces (APIs).
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One of the most important things for a company is the protection of its intellectual property. This property may well define the company in the eyes of the public, making it all the more vital to see that others are not infringing upon it. In that vein, California readers may be interested to hear that the Academy of Motion Pictures Arts and Sciences recently filed a copyright infringement suit against an events rental company.

According to a news report, the events company had been allowing customers to rent oversized Oscar statuettes. It was also reportedly selling the statuettes as well. As the Academy has a copyright on the form of the Oscar statuette, it has a right to prevent others from using it in their promotional items and from selling it.
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One of the most vital responsibilities of a business is to protect its intellectual property and to act against those who infringe upon it. At the same time, however, those who are accused of infringing upon the intellectual property of another may well believe that the claim has no merit. In a case that may interest California readers, this was most recently put on display when Yahoo accused Facebook of patent infringement.

Although Yahoo is not disclosing the number of patents that it believes Facebook is infringing upon, it has said that it believes the popular social networking site is violating patents relating to how to handle user data. The company informed Facebook of the possible infringement through an e-mailed statement, and it is requesting that Facebook pay licensing fees. If the social network fails to do this, then Yahoo has threatened to press its claim in court.
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