STLR Link Roundup – October 12, 2012

Patent Battles and Reform Efforts in the United States The New York Times reports that Apple is using its patents as a sword against iPhone competitors, including Google’s Motorola Mobility. Google’s executive chairman says that the Google-Apple patent battle has lowered prices for consumers, but is killing innovation. Meanwhile, David Drummond, the chief legal officer for Google (which has been under scrutiny from the Federal Trade Commission issues for the past year for possible antitrust Continue Reading →

STLR Link Roundup – October 10, 2012

Philippines Top Court Suspends Cybercrime Law Last week, the Philippines Legislature passed the Cybercrime Prevention Act of 2012. The statute was aimed at deterring a wide variety of cybercrimes including hacking, distribution of child pornography, identity theft and libel. Amidst public concern that the law could be an illegitimate restriction of free speech, particularly due to the restriction of certain websites and the harsh criminal penalties for online libel, the top court in the Philippines Continue Reading →

Taking a Slow Approach to High-Frequency Trading

As the New York Times reports, other countries are leading the way to implement new regulations on high-frequency electronic trading while regulators in the U.S. have been “slow to act.” In my view, that may not be such a bad thing. High-frequency trading (HFT) refers to algorithm-driven, computerized strategies that allow traders to move from one position to another in mere seconds, though often in microseconds.  HFT traders make a profit from a “flash trade” Continue Reading →

Cloud Computing for the Financial Services Industry

This post examines legal and regulatory issues facing the adoption of cloud computing in the financial services industry. While cloud computing has given the companies that use it the ability to operate more efficiently at reduced cost, the financial services industry has been slow to adopt this technology because of different state, federal, international, and industry regulations unique to this area.  We begin with an overview of cloud computing, continue by focusing on specific hurdles Continue Reading →

STLR Link Roundup – October 5, 2012

NYC Campus Receives A US Patent Officer This past Tuesday, the US Department of Commerce and Cornell University announced that a patent officer will be assigned to the new Cornell NYC Tech School set open in January. The school will be run by Cornell and the Technion-Israel Institute of Technology and will admit approximately 20 students to the first class of its master’s degree program. The patent worker will give classes on how to best Continue Reading →

STLR Link Roundup – October 1, 2012

Google Can Test Its Driverless Cars in California A new law in California allows Google’s cars on the road, as long as there is a driver inside ready to take control. This license to Google to test their cars comes on the heels of similar legislation in Nevada. A reporter from CNN test-drove Google’s car, and a columnist for Wired predicted that nobody will need a drivers’ license in 2040.   FBI Battles Industry Over Continue Reading →

STLR Link Roundup – September 28, 2012

Crowdsourcing Patent Analysis – A Team Effort The USPTO, Google, and Stack Exchange have teamed up to crowdsource patent analysis and expand the scope of access in areas like software patents. For the first time in the history of American patent law, the USPTO is inviting third parties to submit relevant materials to patent examiners. Stack Exchange has set up a website which users can access pending patents, submit prior art, discuss patent validity. Google Continue Reading →

STLR Link Roundup – August 24, 2012

A Key Battle in the Apple v. Samsung Patent War Draws to a Close: Over the course of the summer, what has arguably been the patent “trial of the century” has unfolded in Judge Lucy Koh’s courtoom. This week, the trial entered its final stage, when Judge Koh made special preparations to read the epic 109-page jury instructions to the jurors. What were these preparations, exactly? She wanted the jurors to stand during the reading, Continue Reading →

STLR Link Roundup – June 4, 2012

Facebook Goes Public, Becomes More Democratic: Facebook made lots of news in May when it finally became a publicly-traded company. Now, in addition to eventual shareholder votes, the company is opening itself up to even more voting. This past week Facebook put certain privacy changes to a user vote. It remains to be seen whether users can take a few minutes away from precious status updates and wall posts to vote on this potentially important Continue Reading →

STLR Link Roundup – March 19, 2012

DOJ approves acquisition of Nortel patent portfolio by the Rockstar Bidco Consortium.  Rockstar purchased the patent portfolio last year and the coalition which includes Microsoft, Apple, EMC, RIM, Ericsson and Sony is now free to pursue licensing agreements with companies it believes are using the technology covered by the Nortel patents. Apple claims that Samsung only partially complied with a court order requiring Samsung to release source code for products involved in a patent suit. Continue Reading →