Chinese E-Commerce Company Alibaba Files IPO in the U.S.

Alibaba, China’s largest and fastest growing e-commerce company, filed for a $1 billion IPO, which could make it one of the most valuable tech companies in the world. The company made $6.5 billion and saw a 57 percent increase in revenue in the last nine months of 2013. Alibaba handles more business than any other e-commerce company, with transactions on its three online sites — Taobao, Tmall and Alibaba.com — totaling $248 billion, which is more than eBay and Amazon combined. Continue reading Chinese E-Commerce Company Alibaba Files IPO in the U.S.

CES 2014: Public and Private Cloud Solutions to be Featured

At the Consumer Electronics Show next week, we expect to see a host of companies, large and small, offering backend cloud integration services. These range from the startup Active Video, with its signature HTML5-powered Cloud TV app, to the publicly-traded prime mover Akamai, offering its Terra enterprise solution. In recent months, we have reported significant cloud-related news from major players such as Amazon, Google, Oracle and Verizon. We anticipate this wave to continue in Las Vegas. Continue reading CES 2014: Public and Private Cloud Solutions to be Featured

Marketing Cloud: Oracle to Acquire Responsys for $1.5 Billion

Oracle announced on Friday that it will purchase marketing software company Responsys for about $1.5 billion ($27 per share). Responsys software will be integrated in the Oracle Marketing Cloud. Oracle CEO Larry Ellison has spent about $50 billion in acquisitions over the past decade, as part of the company’s push toward cloud computing and away from software stored on personal computers and servers. The proposed transaction is expected to close in the first half of 2014. Continue reading Marketing Cloud: Oracle to Acquire Responsys for $1.5 Billion

New Record: Consumers Buy Nine Million iPhones in Three Days

Apple announced yesterday that it shattered previous iPhone sales records by selling nine million of the new 5s and 5c handsets over the first three days of the product’s debut weekend. The launch marks the first time Apple released a flagship product in China on the same day as other locations and the first time iPhones have been made available on NTT DoCoMo, Japan’s largest wireless network. According to Piper Jaffray Cos, about 15 percent of sales came from China. Continue reading New Record: Consumers Buy Nine Million iPhones in Three Days

Federal Government Faces Decision Whether to Veto ITC Order

In June, the International Trade Commission found that Apple infringed on a Samsung patent, and declared a ban on some older iPhone and iPad models. The trade agency oversees certain unfair trade practices and can block imports and sales of products. The Justice Department and the Federal Trade Commission have been concerned with companies using essential technology patent lawsuits to block rivals, and are troubled with the ITC ruling. The Obama administration is now faced with whether it should veto the order. Continue reading Federal Government Faces Decision Whether to Veto ITC Order

Trade Commission Pilot Program Aims to Curb Patent Trolls

In an effort to help curb frivolous lawsuits initiated by patent assertion entities (also called “trolls”), the U.S. International Trade Commission (ITC) says it will require some companies to prove they have a significant domestic presence. As part of the commission’s new pilot program, six administrative judges will determine within 100 days whether or not companies that file infringement suits do in fact have the necessary U.S. production, research or licensing credentials. Continue reading Trade Commission Pilot Program Aims to Curb Patent Trolls

Google I/O: Chief Exec Calls for Technology Cooperation

As part of yesterday’s Google I/O keynote, the company’s CEO Larry Page made a surprise visit on stage to discuss his take on technological progress and answer questions from software developers in attendance. During his remarks, Page suggested that computer science has a marketing problem today, we should be doing more to encourage children’s pursuit of science, and technological progress has been hampered by needless competition among tech companies. Continue reading Google I/O: Chief Exec Calls for Technology Cooperation

Year in Review: Top Tech Policy Stories of 2012

From Kim Dotcom and the rise of patent troll lawsuits to Apple v. Samsung and the public outcry against SOPA/PIPA, 2012 was a dramatic year in terms of copyright law, tech-related legislation and Internet policy. Response to the SOPA/PIPA bills in January helped set the tone as the debate in Washington raged, and consumers and companies took to the Internet in protest. At one point, politicians were flooded with a record eight million e-mails from regular Internet users in just a few days. So what were the top tech policy stories for 2012 — and how will they impact us moving forward? Continue reading Year in Review: Top Tech Policy Stories of 2012

Google Rolls Out Ambitious Plan to Acquire Patents

  • Google has purchased more than 1,000 patents from IBM, its most recent step in what the Los Angeles Times describes as “an arms race for patents.”
  • The acquisition is part of an effort to strengthen its intellectual-property portfolio and avoid legal assault.
  • It may also bolster the legal buffer surrounding its Android mobile OS court showdown with Oracle set for October.
  • Google has some 700 patents (mostly for search engine technology) while its competitors, especially those in the mobile industry, have thousands.
  • “Patents are instruments of war. Companies are acquiring patents to both defend their market share and to countersue competitors,” suggests technology patent valuation specialist Alexander Poltorak, chief executive of General Patent Corp. “Google neglected patents for many years because it did not realize that they were essential business tools. It can no longer neglect them.”