Word: patents
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...yours. Without that feature, in fact, eBay would make a lot less money. Fixed-price transactions accounted for about $14.6 billion in merchandise volume last year, a third of the total. So let's say you came up with that Buy It Now idea and filed for a patent. And let's say a jury concluded that eBay willfully infringed on your patent and owes you damages. Should a judge automatically order eBay to remove that feature? After all, it's your intellectual property, you have a business you would like to build, and eBay basically trespassed...
...question was debated before the Supreme Court last week in a high-profile patent case, one of several the Justices are hearing this term. The caseload reflects the court's mounting interest in patent wars, which seem to be producing lots of headlines lately. That would include the near shutdown of the popular BlackBerry device, owned by Research in Motion (RIM), of Waterloo, Ont., which had "CrackBerry" fans panicking. RIM coughed up $612.5 million to settle litigation brought by NTP Inc., despite the fact that the U.S. Patent and Trademark Office rejected all eight NTP patents that were the focus...
...spray-painted black, no less, so other teams wouldn’t know to be gunning for the foot. “It still stuck out pretty bad,” he says now, five months removed from the experience. “Who knows, I may still patent that thing.” Combine the broken hoof with a month-long virus and a host of pesky injuries, and it’s not hard to see why the Michigan native doesn’t light up at the thought of this season’s first half. Coach...
...join the company that made his diabetic mother's insulin. Says the Alabama native: "I know [now] Lilly is why I've had 24 years longer with my mother." His wife also works for the company. Lilly, whose prospects once seemed dim with the loss in 2001 of its patent for the popular antidepressant Prozac, expects a rise in earnings of up to 12% this year, led by new drugs such as Byetta--for diabetes. At the same time, Lilly has cut its workforce nearly 7% since 2004 and has plans to reduce the cost of drug development...
...1960s, like Belle de Jour, but bold black-and-white patterns are turning up on everything from Williams-Sonoma Home's Chinoiserie dessert plates to Nicolas Ghesquire's sought-after sandals. Even Fendi's hot new B bag is a must-have in white canvas with black patent-leather trim...