In 1913, Gideon Sundback of Hoboken patented the all-purpose zipper.
In 1661, the Chinese Ming dynasty occupied Taiwan.
In 1429, Joan of Arc led French forces to victory over English at Orleans.
.
***
Since 1980, the intra-year market has fallen 14.2% on average but recovered to end positively in 33 out of 44 years.
***
US foreign aid totalled $65 billion in 2023. Humanitarian assistance made up a large slice of the total. But significant funding also went to strengthening militaries in allied nations and helping governments phase out fossil fuels or contain the production of opioids that could end up in the U.S.
***
It took a decade to get the case in front of a jury. Giants like Qualcomm can afford legal talent who is really good at delaying.
So $173 million for past use of the intellectual property went to Parker, plus a royalty to be negotiated on all future use. The judge seemed fine with that.
And then six months later, out of the blue, the judge threw out the verdict.
What happened?
Recently, PRKR released what it says is the first of a four-episode “Against the Giants” video series.
According to “Episode 1” of “Against the Giants," Qualcomm visited ParkerVision’s website often. But a couple of days after Qualcomm’s CEO hosted an Obama fundraiser, there was a visit from a computer in the White House. And a few days later, the Obama-appointed judge threw out the verdict.
Since 1980, the intra-year market has fallen 14.2% on average but recovered to end positively in 33 out of 44 years.
***
US foreign aid totalled $65 billion in 2023. Humanitarian assistance made up a large slice of the total. But significant funding also went to strengthening militaries in allied nations and helping governments phase out fossil fuels or contain the production of opioids that could end up in the U.S.
***
Parker
(The following should be taken with a grain of salt. This discusses litigation and, as such, involves lawyers. And it is culled from Tobias, who is an investor. Moreover, years ago, I bought a bit of Parker myself. Nonetheless, the story is interesting and provocative with enough innuendo to keep you up at night.) That said...
A jury unanimously awarded ParkerVision $173 million in damages against Qualcomm in 2013.
After all, they were shown internal emails from Qualcomm senior executives that said: “The truth is ParkerVision have(sic) stumbled on something revolutionary.” And this one to Qualcomm’s CEO at the time: “This is critical technology we must land.”
It took a decade to get the case in front of a jury. Giants like Qualcomm can afford legal talent who is really good at delaying.
So $173 million for past use of the intellectual property went to Parker, plus a royalty to be negotiated on all future use. The judge seemed fine with that.
And then six months later, out of the blue, the judge threw out the verdict.
What happened?
Recently, PRKR released what it says is the first of a four-episode “Against the Giants” video series.
According to “Episode 1” of “Against the Giants," Qualcomm visited ParkerVision’s website often. But a couple of days after Qualcomm’s CEO hosted an Obama fundraiser, there was a visit from a computer in the White House. And a few days later, the Obama-appointed judge threw out the verdict.
The relationship between the decision and the White House may be a coincidence. But the question of suppression and destruction of American quality technology and companies is a problem that threatens the very essence of American culture. Property is basic. Innovation and quality should be rewarded. The legal system should benefit the public, not stymie it. And power should never be allowed to shift the scales of justice.
The larger significance is that Qualcomm is not the only tech giant that squashes small inventors who cannot possibly afford decades of litigation to enforce their patents. Which, apart from being truly un-American and unfair, may affect our global competitiveness.
No comments:
Post a Comment