What happened in the world of IP this week? ⬇️
📌 Intel has entered into a period of exclusivity with an unnamed buyer for a substantial portion of the 8,500-patent wireless portfolio that it put into the auction book just a couple of weeks ago. Apple — which, according to some reports, has an interest in the chipmaker’s overall smartphone modem business — might be the bidder.
📌 Gionee — the Shenzhen-based company that once had a significant presence in the Chinese and Indian handset markets, now a small vendor facing bankrupt — is auctioning 211 Chinese design patents on Alibaba’s Taobao platform. With bids starting at just $3,000, the operation raises questions about whether the company will sell its invention portfolio in the near future.
📌 TiVo Corporation and LG Electronics signed a global intellectual property licensing agreement covering content streaming on multiple devices, which will allow the latter to enhance average consumer interactions on its platforms. This new agreement follows the previous one which the Korean company signed with Rovi.
📌 A former software engineer for a suburban Chicago locomotive manufacturer has been charged with trade secret theft. The man — who is the second Chinese national in two months to be declared a fugitive by federal law enforcement officials — is accused of having downloaded more than 3,000 electronic files containing his former employer’s trade secrets, which he later used to benefit his new employer back in China.
📌 The Federal Circuit agreed with the Chinese University of Hong Kong that the written description of a fetal DNA testing patent owned by the University of Stanford is lacking a proper disclosure of its method of detecting Down syndrome: the patent, therefore, has been declared invalid.
📌 In a victory bringing the IP licensing firm closer to collecting the $439 million that Apple was ordered to pay for patent infringement in a previous ruling, VirnetX saw the previous rulings that invalidated its two patents relating to secure communications technology that Apple allegedly infringed in its iPhone set aside.