Peloton sues rival Echelon for patent infringement, Facebook awarded costs in targeted ads suit, and more top stories.

The patent-related news IP professionals are talking about now, curated by InQuartik’s editors. Join the conversation about today’s stories in the comments.

The fitness startup Peloton has filed a patent infringement suit against its rival Echelon, accusing the latter of flooding the market with “cheap, copycat products”. The lawsuit comes just a few days after the New York-based startup made its stock market debut with a drop from $29 a share to less than $23. The complaint revolves around two patents related to live and recorded cycling class broadcasting, as well as the companion fitness app’s features that both vendors provide as part of their training programs. Peloton has also accused Echelon of relying on misleading marketing tactics to attract and ultimately lure customers away. • Read the full story.

Take a look at the patents involved in the case on Patentcloud, our cloud-based IP intelligence platform.

The PTAB has invalidated a third NASDAQ patent after finding all of its 49 claims to be directed — under Alice — to abstract ideas. The document, which covers electronic-based security trading technology, is part of a pool of six that the financial services corporation enforced against MIAX (Miami International Securities Exchange), a member of the Miami International Holdings group that operates in the same industry. Two of the patents had already been axed earlier last week, while the remaining three are still being examined. • Read the full story.

Take a look at the patent on Patentcloud, our cloud-based IP intelligence platform.

Apple has countersued the patent assertion entity that accused it of infringing a patent related to the QWERTY keyboard adaptation for handheld use last June. Apple’s main defense relates to the modifications that were made by the original inventor after the application was rejected, back in 2003. Additionally, the tech giant stated that the actual operation on the devices equipped with the technology — iPhones and iPads — is entirely different from what it’s disclosed in the patent. Besides Apple, other big-name tech companies that were cited in June’s complaint are Google, Samsung, and Asus. • Read the full story.

Take a look at the patent involved in the case on Patentcloud, our cloud-based IP intelligence platform.

Facebook was declared as ”prevailing party” in the infringement case started by B.E. Technology over a patent covering targeted ad technology. The lawsuit costs — US$4,000 — were awarded to the social media giant after the PTAB found the claims to be unpatentable. B.E., however, appealed the costs award to the Federal Circuit, which ultimately upheld the decision this week. The case, which dates back to 2012, involved several tech corporations that rely on advertisement, including Facebook itself. Their defense revolved around earlier patents related to demographically targeted advertising. • Read the full story.

Take a look at the patent involved in the original case on Patentcloud, our cloud-based IP intelligence platform.

Apple has been accused of patent infringement over its “Sign in with Apple” feature by Blix, a small software development house that in 2015 launched the popular BlueMail email client. In particular, the complaint focuses on a feature that allows users to generate random email addresses, functionality that is also found in Apple’s new sign-in system. According to the startup, Apple deliberately tried to hurt the BlueMail app distribution on the App Store right before introducing its redesigned sign-in system, leading to an antitrust violations accusation in addition to patent infringement. • Read the full story.

Take a look at the patent involved in the case on Patentcloud, our cloud-based IP intelligence platform.

Nokia has declared more than 2,000 patent families as 5G Standard Essential Patents (SEPs) to the European Telecommunications Standards Institute (ETSI). The large declaration comes just one year after the company started submitting its first declarations for the new standard, and brings the number of SEPs in the company’s portfolio to over 2,700. The 2,000th declared family (patent US9338785B2) covers a technology that provides network resources for smartphones, industrial devices and other equipment at shorter latency, increased reliability and higher throughput. • Read the full story.

Take a look at the status of 5G SEP declarations in the latest monthly report by our partner WISPRO.

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