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The Latest Breaking News from Intellectual Property

Samsung Snaps This OLED Company Reputed For Foldable Devices For $300M

Samsung Display Co. scooped display company Cynora GmbH for $300 million, gaining technology for so-called OLED screens, Bloomberg reports. Samsung acquired Cynora’s intellectual property and technology under the deal. The Bruchsal, Germany-based company, terminated its workforce under the arrangement. Samsung was already an investor in Cynora, with LG Electronics Inc (OTC:LGEJY) and other display…

Benzinga

Metaverses, NFTs and Web3 Will Unlock Trillions Of Dollars In Economic Value And Opportunity

By Constantin Kogan The most expensive NFT in the world, The Merge, created by the artist Pak, sold for $91.8 million. In ten years, this record-breaking purchase won't be a footnote on the list of the top 10 most expensive NFTs.

Benzinga

White House: G7 to address China's forced labor, intellectual property theft

The Group of Seven wealthy countries will address what they see as China's use of forced labor and intellectual property theft and other issues, the White House said on Saturday.

Reuters

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Intellectual Property Rights Cell inaugurated at JSS AHER

Focus would be on innovations, research

The Hindu

Worksport Launches Storefronts On Amazon, eBay And Walmart Marketplace

Worksport Ltd (NASDAQ:WKSP) has launched its eCommerce storefronts on Amazon.com (NASDAQ:AMZN), eBay (NASDAQ:EBAY), and Walmart (NYSE:WMT) Marketplace. N.A. Williams Company will execute Worksport’s marketing campaigns on each platform with account executives and marketing managers. The move is expected to drive sales higher and is the result of the company’s restructuring plan. “Our teams and I are thrilled to provide our…

Benzinga

British Retailer Frasers Boosts Investment In Hugo Boss

British retail and intellectual property group Frasers Group PLC (OTC:SDIPF) has increased its investment in Hugo Boss AG (OTC:BOSSY), the German luxury fashion brand, to €900 million. Frasers noted the increased position reflects its belief in the Hugo Boss brand, strategy, and management team. Fraser now holds 3.4 million shares of common stock, representing…

Benzinga

IGC Acquires Exclusive Rights For A Potential Alzheimer's Drug Development Candidate

One of subsidiaries of India Globalization Capital, Inc. (NYSE: IGC) reached an intellectual property license agreement for a potential Alzheimer’s drug development candidate.

Benzinga

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Attitude-Altering Slippery Slopes: Just What Will People Infer from Past Decisions?, Continued

[This month, I'm serializing my 2003 Harvard Law Review article, The Mechanisms of the Slippery Slope.] From Aggregates of Legislative or Judicial Decisions.—So far, the discussion has focused on the principles that people may draw from one statute or case. But people who are applying the is-ought heuristic often look…

Reason

Why 'Lightyear' disappointed at the box office for Disney and Pixar

"Solo: A Star Wars Story." "Fast & Furious Presents: Hobbs & Shaw." These days, as Hollywood milks its intellectual property for all its worth, many movie franchises have produced that one spinoff that pushed the limits of a connected film universe.

Los Angeles Times

Plea for intellectual property rights waiver for COVID-19 jabs hits a wall

‘We are disappointed with the inadequate outcome on waiving intellectual property for COVID-19 medical tools that resulted from more than 20 months of deliberations,’ says Medicins Sans Frontieres.

The Hindu

WTO Seeks Shot in the Arm with Covid Jab IP Idea

The WTO's search for a role in fighting the pandemic sharpened up on Monday as ministers seek a compromise to lift intellectual property rights on Covid-19 vaccines. The World Trade Organization's first ministerial meeting since December 2017 is wrestling with the wording of a text that would temporarily waive patents…

Asharq Al-Awsat

World Trade Organization seeks shot in the arm with Covid jab IP idea

The WTO's search for a role in fighting the pandemic sharpened up on Monday as ministers seek a compromise to lift intellectual property rights on Covid-19 vaccines.

France 24

WTO should allow food exports from public stock to help countries in need: Goyal

"For India, a response to the pandemic would not be complete without a TRIPS (Trade Related aspects of Intellectual Property Rights) waiver," the Union Mininster said.

The Hindu

Explained | The Indian patent regime and its clash with the U.S. norms

The U.S. Trade Representative highlighted IP challenges in India in its annual Special 301 report released last month

The Hindu

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Benzinga

Here's Why JPMorgan Upgraded Rating On Take-Two Interactive Software

JPMorgan analyst David Karnovsky upgraded Take-Two Interactive Software, Inc (NASDAQ:TTWO) to Overweight from Neutral with a price target of $175, down from $205, following a period of restriction. With the close of the Zynga acquisition, Take-Two now offers a scaled portfolio of mobile games, apart from leading PC/console intellectual property and a pipeline of content set…

Benzinga

COVID-19 Vaccine Patent Waiver Expected Soon, Says WTO Head: Reuters

In a telephone interview with Reuters, WTO's Director-General Ngozi Okonjo-Iweala, an agreement on waiving intellectual property rights for COVID-19 vaccines is within reach. A key World Trade Organization (WTO) meeting is scheduled next week to discuss the COVID-19 vaccine patent waiver debate. "If we get one or two deliverables, that…

The Conversation

Do AI systems really have their own secret language?

A new generation of artificial intelligence (AI) models can produce “creative” images on-demand based on a text prompt. The likes of Imagen, MidJourney, and DALL-E 2 are beginning to change the way creative content is made with implications for copyright and intellectual property.

The Conversation

We still need a vaccine patent waiver, but not the one on offer at the World Trade Organization meeting

In mid-June, the World Trade Organization (WTO) will meet to finish negotiations to waive certain sections of the agreement on Trade Related Intellectual Property Rights (TRIPS). However, it is not the TRIPS waiver originally proposed 18 months ago by member states South Africa and India, which would have allowed countries…

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Salon

Was Warhol's Prince portrait fair use?

Warhol v. Goldsmith is going to the Supreme Court for review. The case could have a major impact on copyright

The Hindu

NGOs protest Commerce Ministry inaction on WTO COVID-19 vaccine proposal

They write to Prime Minister asking him to renegotiate the draft proposal to waive intellectual property rights on vaccines and highlight the need for active engagement to improve it

The Hindu

A music concert with tribespeople, and so much more

Fest grew out of an idea to archive songs of tribal people and help them acquire intellectual property rights

Benzinga

AppTech Shares Gain As It Closes Acquisition Of Hothand

AppTech Payments Corp (NASDAQ:APCX) announced the closing of its acquisition of Hothand Inc. AppTech now owns Hothand's portfolio of twelve patents focused on delivering, purchasing, or requesting any products or services within specific geolocation and time parameters provided by a consumer's cell phone anywhere in the U.S. Hothand is a patent-holding company that…

Reuters

NGOs urge Biden to push for changes to WTO's COVID waiver text

Oxfam America, Partners in Health and other civil society groups urged U.S. President Joe Biden to press for changes in a draft agreement on waiving intellectual property rights for COVID-19 vaccines, underscoring divisions over the current text.

Benzinga

Mirum Pharma Acquires Its Licensing Partner In Cash and Stock

Mirum Pharmaceuticals Inc (NASDAQ:MIRM) has acquired Satiogen Pharmaceuticals Inc in a cash and stock deal. The deal consideration includes 841,792 shares, 199,993 of which are subject to the achievement of a milestone, and approximately $2.8 million in cash. Mirum will wholly own the Satiogen subsidiary, which will receive a 2% royalty. Satiogen was an…

Benzinga

AgriFORCE Completes Acquisition Of Intellectual Property From Manna Nutritional

AgriFORCE Growing Systems Ltd (NASDAQ:AGRI) has completed the previously announced acquisition of the intellectual property (IP) of Manna Nutritional Group (MNG). The IP encompasses patent-pending technologies to naturally process and convert grain, pulses, and root vegetables, resulting in low-starch, low-sugar, high-protein, fiber-rich baking flour products. The core process is covered under a pending patent application…

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