Bonum Certa Men Certa

Trading Technologies is Stockpiling Software Patents, Surprised When These Are Challenged After Alice/ۤ101

Trading TechnologiesSummary: Trading Technologies, a patents-hoarding firm, is disappointed to see its software patents ebbing away

Trading Technologies is not an ordinary firm. It has a Vice President of "Intellectual Property" [sic] and it is working with Microsoft, a notorious patent aggressor.



Not everyone views Trading Technologies the way we do. For instance, the patent maximalists from IAM try to offer this firm sympathy, with rhetorical softball questions like "you’ve seen a number of CBMs filed against your patents, right?"

Well, we hope they lose all of their software patents. It would be well deserved. "A troll is a troll," Benjamin Henrion wrote, "whether they are practicing their invention or not." 500 of those software patents, he argued, should be invalidated (very much possible after Alice). Software patents around the world may suffer a universal/global demise -- in Europe included -- but only if more corporations come to the realisation that software patents are no longer effective in a court of law (it's a waste of time and money to apply for such patents, let alone use them litigiously).

"Money, not innovation, gets converted into patents, which are later used as weapons or sold to some entity that weaponises them."Those 500 patents that Henrion referred to are patents granted by the USPTO with its utterly rubbish patents (almost every application is eventually successful). It's more like a rubber-stamping operation. Money, not innovation, gets converted into patents, which are later used as weapons or sold to some entity that weaponises them. Every software patent in existence is therefore problematic.

To quote the relevant parts of the IAM interview:

The company has a portfolio of more than 500 US patents and, like many patent owners engaged in protecting their portfolios against alleged infringers...


Nice euphemism for suing competitors based on mere allegations, using patents on abstract concepts, obtained from a rubber-stamping operation...

According to IAM, this firm "has been forced to adapt to major recent changes in US case law and the impact of the new post-issuance proceedings, such as covered business method reviews."

Well deserved then. Watch them whine:

Last month, I sat down with Steve Borsand the company’s executive vice president of IP, to talk about the patent climate in the US. He had plenty to say about proposed new patent legislation, the impact of recent Supreme Court decisions such as Alice and how the review procedures at the Patent Trial and Appeal Board (PTAB) are changing patent litigation. This is part one of the interview and tomorrow we’ll run part two.

[...]

Almost all -- like 99% of them [patents] have come from people here at TT. There have been a couple that we’ve purchased but for the most part our innovations have been developed in-house.

[...]

Yeah -- back in 2014 someone tried to file against five, four of them were instituted and then we ultimately settled with that party and those were all dismissed and now recently there’s been another set. At least another five and then two more so it’s been like 12 -- I don’t have the exact number.


So basically, Trading Technologies bemoans legitimate challenges to its lousy patents -- patents which probably never ought to have been granted in the first place. We sure how that CBM and PTAB will continue to crush companies that are a patents house of cards. If their software products aren't good enough to compete on their own, then they deserve to fail. This very much echoes/mirrors Microsoft's efforts to undermine the growing domination of GNU/Linux using software patents.

Recent Techrights' Posts

There's Nothing "Funny" About Attacking Free Speech and Software Freedom
persistent focus on the principal issues is very important
GNU/Linux Adoption in Africa, a Passageway Towards Freedom From Neo-Colonialism
Digi(tal)-Colonialism and/or Techolonialism are a thing. Can Africa flee the trap?
 
Links 05/12/2023: Microsoft's Chatbot as Health Hazard
Links for the day
Professor Eben Moglen Explained How Software Patent Threats Had Changed Around 2014 (Alice Case) and What Would Happen Till 2025
clip aged reasonably well
CNN Contributes to Demolition of the Open Web
Reprinted with permission from Ryan Farmer
Eben Moglen on Encryption and Anonymity
The alternate net we need, and how we can build it ourselves
Yet More Microsofters Inside the Board of Mozilla (Which Has Just Outsourced Firefox Development to Microsoft's Proprietary Prison)
Do you want a browser controlled (and spied on) by such a company?
IRC Proceedings: Monday, December 04, 2023
IRC logs for Monday, December 04, 2023
GNU/Linux Now Exceeds 3.6% Market Share on Desktops/Laptops, According to statCounter
things have changed for Windows in China
Over at Tux Machines...
GNU/Linux news
Links 05/12/2023: Debt Brake in Germany and Layoffs at Condé Nast (Reddit, Wired, Ars Technica and More)
Links for the day
[Meme] Social Control Media Giants Shaping Debates on BSDs and GNU/Linux
listening to random people in Social Control Media
Reddit (Condé Nast), Which Has Another Round of Layoffs This Month, Incited People Against GNU/Linux Users (Divide and Rule, It's 2003 All Over Again!)
Does somebody (perhaps a third party) fan the flames?
Who Will Hold the Open Source Initiative (OSI) Accountable for Taking Bribes From Microsoft and Selling Out to Enable/Endorse Massive Copyright Infringement?
it does Microsoft advocacy
Using Gemini to Moan About Linux and Spread .NET
Toxic, acidic post in Gemini
Web Monopolist, Google, 'Pulls a Microsoft' by Hijacking/Overriding the Name of Competitor and Alternative to the Web
Gulag 'hijacking' 'Gemini'
Links 04/12/2023: Mass Layoffs at Spotify (Debt, Losses, Bubble) Once Again
Links for the day
ChatGPT Hype/Vapourware (and 'Bing') Has Failed, Google Maintains Dominance in Search
a growing mountain of debt and crises
[Meme] Every Real Paralegal Knows This
how copyright law works
Forging IRC Logs and Impersonating Professors: the Lengths to Which Anti-Free Software Militants Would Go
Impersonating people in IRC, too
IRC Proceedings: Sunday, December 03, 2023
IRC logs for Sunday, December 03, 2023
GNU/Linux Popularity Surging, So Why Did MakeUseOf Quit Covering It About 10 Days Ago?
It's particularly sad because some of the best articles about GNU/Linux came from that site, both technical articles and advocacy-centric pieces
Links 04/12/2023: COVID-19 Data Misused Again, Anti-Consumerism Activism
Links for the day
GNOME Foundation is in Reliable Hands (Executive Director)
Growing some good in one's garden
Links 03/12/2023: New 'Hey Hi' (AI) Vapouware and Palantir/NHS Collusion to Spy on Patients Comes Under Legal Challenge
Links for the day
'Confidential Computing'? More Like a Giant Back Door.
CacheWarp AMD CPU Attack Grants Root Access in Linux VMs
IRC Proceedings: Saturday, December 02, 2023
IRC logs for Saturday, December 02, 2023
Links 03/12/2023: CRISPR as Patented Minefield, Lots of Greenwashing Abound
Links for the day