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.... I wish I were making this up. It is patently obvious that the Conservatives were hopelessly ill-prepared for the current negotiations. ... [Read full article on Guardian ]
Sunday 16th of July 2017 05:59:13 AM
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Latest Finance News related to Patent

Election euphoria won’t last if Labour doesn’t foil Brexit folly image
Source : Guardian [Read Article] Sunday 16th of July 2017 05:59:13 AM
.... I wish I were making this up. It is patently obvious that the Conservatives were hopelessly ill-prepared for the current negotiations. ...
Hard Brexit has been confounded by some harder realities image
Source : Guardian [Read Article] Sunday 2nd of July 2017 06:00:21 AM
....In case anybody hasn’t noticed, I ought to point out at this stage that the buzzword in Brussels and London is now “transition”. The two-year timetable for Brexit is patently absurd. ...
Hinkley Point C: watchdog confirms fears of political vanity project | Nils Pratley image
.... The two companies were immediately at legal loggerheads. Imagination wants evidence that its patents won’t be infringed if Apple tries to design its own graphics architecture. ...
Whole Foods for thought: Austin foodies ponder future under Amazon image
Source : Guardian [Read Article] Monday 19th of June 2017 06:00:28 AM
....In a Texas Monthly interview, Mackey decried the perception that in America, “business is about a bunch of greedy bastards running around exploiting people, screwing their customers, taking advantage of their employees, dumping their toxic waste in the environment, acting like sociopaths”. Amazon, meanwhile, is experimenting with cashier-less groceries checkout and recently secured a patent for technology that could block customers from using an in-store wifi network to compare prices with a competitor, according to The Washington Post – which is owned by Jeff Bezos, Amazon’s founder and chief executive. ...
Naomi Klein: ‘Trump is an idiot, but don’t underestimate how good he is at that’ image
.... That the ways in which the Wall Street elite had enriched itself through manipulation and deregulation would finally be exposed in plain sight. In retrospect, it seems, the monumental frailties of the system, its patent vulnerability, allied with concerns over terrorism and a global refugee crisis, only made populations more desperate and fearful. ...
Rise of the machines: who is the ‘internet of things’ good for? image
Source : Guardian [Read Article] Tuesday 6th of June 2017 04:30:13 AM
....If the formulas behind this vision of future cities turn out to be anything like the ones used in the current generation of computational models, life-altering decisions will hinge on the interaction of poorly defined and subjective values. The output generated by such a procedure may turn on half-clever abstractions, in which complex circumstances resistant to direct measurement are reduced to more easily determined proxy values: average walking speed stands in for the “pace” of urban life, while the number of patent applications constitutes an index of “innovation”, and so on. ...
Going up? image
Source : BBC [Read Article] Sunday 28th of May 2017 11:11:21 PM
.... . They're creative, as measured by a large output of patents and a high rate of start-ups. ...
Mapping a new frontier image
Source : BBC [Read Article] Thursday 25th of May 2017 11:09:51 PM
....All of this research provided only a fraction of the full picture. So the team looked into Facebook's acquisitions, and scoured its myriad patent filings. ...
Apple and Nokia to 'co-operate' after settling patent row image
Source : BBC [Read Article] Tuesday 23rd of May 2017 11:03:54 AM
. Apple and Nokia have settled a dispute over the use of patented technology in smartphones and agreed to "co-operate". ...
Facebook fined £94m for 'misleading' EU over WhatsApp takeover image
Source : Guardian [Read Article] Thursday 18th of May 2017 08:56:52 AM
.... Consumer organisations are pressing for Brussels to take account of the number of consumers affected by a merger to assess whether it would create a monopoly. In a recent interview Vestager said it was tricky to find an alternative metric to turnover, for assets, such as knowledge, patents or data. ...
Cancer drug price hike company investigated image
Source : BBC [Read Article] Tuesday 16th of May 2017 10:54:18 AM
....Drugs involving these ingredients are sold under different formulations and different brand names. South African company Aspen bought the rights to these from British company GlaxoSmithKline, after the patents expired. ...
Superstar economics image
Source : BBC [Read Article] Sunday 7th of May 2017 11:30:01 PM
.... . But just two years later, in 1877, Thomas Edison applied for a patent for his phonograph, the first machine that could both record and reproduce the human voice. ...
Battery bonanza image
Source : BBC [Read Article] Sunday 30th of April 2017 11:01:30 PM
.... The next big breakthrough took another century. In 1985, Akira Yoshino patented the lithium-ion battery, later commercialised by Sony. ...
Nespresso bid to recycle coffee pods image
Source : Guardian [Read Article] Saturday 29th of April 2017 11:05:12 PM
....Nespresso introduced the first single-serve coffee machine in 1986, initially using only its own-brand pods. But after Nespresso’s patents began to expire in 2012, competitors started to offer capsules and machines compatible with the Nespresso system. ...
Qualcomm says Apple withholding royalty payments amid legal row image
....Qualcomm, the largest maker of mobile phone chips, has cut its profit forecast, warning investors that Apple is withholding royalty payments amid a legal battle. Apple sued Qualcomm in January, accusing the company of overcharging for its patented technology. ...
No branch?  image
Source : BBC [Read Article] Thursday 27th of April 2017 11:05:04 PM
.... Eventually, it was found that wires from two intersecting nearby tramlines were interfering with the mechanism. Yet with other devices also being patented, the ATM soon evolved and its use spread widely. ...
Will Lloyds chief enjoy plain sailing or will he jump ship? | Nils Pratley image
.... Soriot’s reign has been a big improvement on that of his predecessor, David Brennan, but it’s too early to be handing out £13m prizes. On its own reckoning, AstraZeneca stands at a “pivotal point” as patents on old drugs expire and new medicines start to arrive. ...
Even Trump's Twitter binges aren't enough to make it worth $11bn | Nils Pratley image
....Like Witty, she argued that reliable cashflows from vaccines and consumer products are a natural counterweight to the higher risk and more volatile business of developing pharmaceutical drugs. And she agreed that there are benefits from being able to switch prescription medicines to the consumer category when patents expire. ...
Will London survive as a financial centre after Brexit? image
Source : Guardian [Read Article] Wednesday 26th of April 2017 07:08:45 AM
....All this promotional activity has raised anew the question of just what combination of characteristics a successful financial centre must have. The question has been asked many times, and management consultancies have earned good money offering their patent answers. ...
iRobot sues Hoover and Black & Decker over robo-vacuums image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:13:06 AM
....Robotic vacuums specialist iRobot is suing Hoover and Black & Decker among others over claims they used its technologies without permission. The Massachusetts-based company cites a variety of patents in its legal filings, including misuse of its obstacle-detection system, brush designs and navigation controls. ...
Trade agenda image
Source : BBC [Read Article] Thursday 13th of April 2017 11:17:15 PM
....And just days after meeting President Xi, Mr Trump said his administration would not label China a currency manipulator, rowing back on a campaign promise. China's critics have a wide-ranging list of allegations about unfair practices - subsidies to Chinese industries, dumping underpriced goods, and the theft of patents and copyright. ...
Cut price image
Source : BBC [Read Article] Sunday 9th of April 2017 11:18:58 PM
...." . The model of cheap razors and expensive blades evolved only later, as Gillette's patents expired and competitors got in on the act. ...
Huawei defeats Samsung in patent battle in China image
Source : BBC [Read Article] Thursday 6th of April 2017 11:22:55 AM
. The Chinese smartphone-maker Huawei has won a patent victory over its South Korean rival Samsung. ...
Apple exit sends UK chip firm's shares into freefall image
Source : Guardian [Read Article] Monday 3rd of April 2017 08:10:18 AM
.... It said they were discussing potential alternative commercial arrangements for the current licence and royalty agreement. The chip designer said: “Apple has not presented any evidence to substantiate its assertion that it will no longer require Imagination’s technology, without violating Imagination’s patents, intellectual property and confidential information. ...
Imagination Technologies' shares plunge after Apple ends contract image
....Imagination said Apple, its largest customer, would stop using its products in "15 months to two years". Apple is developing its own technology, but Imagination said this would be difficult without infringing patents. ...
Samsung Galaxy S8 hides home button and gains Bixby AI image
Source : BBC [Read Article] Wednesday 29th of March 2017 03:00:35 PM
....21 Feb 2016: Galaxy S7 phones unveiled - handsets bring back expandable storage and water resistance. 24 May 2016: Sued by Huawei - Chinese rival claims patent infringement - Samsung later countersues. ...
Bye round pound image
Source : BBC [Read Article] Wednesday 15th of March 2017 03:04:47 PM
....About 45 million £1 coins, or 3% of those in circulation, are apparently counterfeit. Royal Mint, which produces the coins in its Llantrisant factory in Wales, says the new £1 features a secret "patented high security feature" to prevent copycats. ...
Trump trademarks approved by China image
Source : BBC [Read Article] Wednesday 8th of March 2017 12:56:30 PM
.... . "A routine trademark, patent or copyright from a foreign government is likely not an unconstitutional emolument, but with so many trademarks being granted over such a short time period, the question arises as to whether there is an accommodation in at least some of them," he said. ...
All change: how the Royal Mint is making the new 12-sided £1 coins image
Source : Guardian [Read Article] Wednesday 1st of March 2017 03:41:18 PM
....The cutting-edge coin, therefore, has a deliberately complex shape which makes it harder to manufacture and counterfeit. It has an image like a hologram that changes from a “£” symbol to the number “1” when viewed from different angles, while there is very small lettering on the lower inside rim on both sides, and what is mysteriously described as a patented “hidden high security feature”. ...
Quids in: why it’s time to get rid of your £1 coins image
Source : Guardian [Read Article] Saturday 25th of February 2017 07:00:05 AM
....Their shape and construction make them much harder to counterfeit. They have an image like a hologram that changes from a “£” symbol to the number “1” when viewed from different angles, there is very small lettering on the lower inside rim on both sides, and there is what is intriguingly described as a patented “hidden high security feature” built into the coin. ...
EE balloons and drones to help fix mobile blackspots image
Source : Guardian [Read Article] Tuesday 21st of February 2017 12:54:47 PM
.... It is still investing in Project Loon, which sends balloons to the edge of space to beam internet signal to the land below it. Allera, who launched the scheme at London’s Oval cricket ground on Tuesday, said EE’s “air mast” solution, which the company is currently in the process of patenting, is primarily intended to be used for keeping rural communities connected in times of disaster and helping search and rescue missions. ...
EpiPen alternative to hit market at more than seven times the price image
Source : Guardian [Read Article] Monday 13th of February 2017 11:00:11 AM
.... Kaléo did not respond to multiple requests for comment from the Guardian. Kaléo has patents on just two products – Auvi-Q and Evzio, another auto-injector which delivers the antidote naloxone to people overdosing on drugs like heroin or opiates. ...
GSK needs no medicine despite talk of poor performance image
Source : Guardian [Read Article] Wednesday 8th of February 2017 07:49:04 PM
.... The timing of the launch of generic competition could make the difference between earnings improving 5%-7% or being flat to slightly down in 2017, said GSK. But then the next big patent expiry doesn’t arrive until the late 2020s. ...
Deutsche Bank's $630m Russian fine reflects badly on banking | Nils Pratley image
....Ocado generates sufficient cash to open more warehouses and, it revealed, employ a remarkable 950 IT and software professionals in four countries. The concentration on technological improvement is admirable and Steiner is entitled to boast about the 50 patent applications. ...
Hand delivered: will Ocado's robot soon be picking your shopping? image
Source : Guardian [Read Article] Tuesday 31st of January 2017 01:49:24 PM
....Ocado has been investing heavily in technology as it tries to increase profits and sell its knowhow to overseas retailers. The Hatfield-based company currently has 50 innovations seeking a patent and took on more than 200 extra tech experts last year, taking its total to 950 on top of 200 qualified engineers. ...
Drugs firms are accused of putting cancer patients at risk over price hikes image
Source : Guardian [Read Article] Saturday 28th of January 2017 02:54:55 PM
. Drug companies have been accused of profiteering by raising the prices of out-of-patent cancer medicines that cost just pence to make, inflating the bills of the cash-strapped NHS by hundreds of millions of pounds. ...
Give robots 'personhood' status, EU committee argues image
Source : Guardian [Read Article] Thursday 12th of January 2017 03:52:53 PM
.... That’s not going to go down easy with companies that are creating robots and AIs,” he told the Guardian. “If I create a robot, and that robot creates something that could be patented, should I own that patent or should the robot? If I sell the robot, should the intellectual property it has developed go with it? These are not easy questions to answer, and that goes right to the heart of this debate,” Morgan added. ...
Malta accused of being tax haven as it takes EU presidency image
Source : Guardian [Read Article] Wednesday 11th of January 2017 08:00:14 AM
....The latest report also singles out an elaborate regime of tax breaks for intellectual property that amount to “aggressive tax planning”, allowing some companies to pay zero corporation tax. Malta, however, has agreed to phase out its patent-box scheme, which allows some companies to pay zero corporation tax on a broad definition of intellectual innovation. ...
Tim Wu: ‘The internet is like the classic story of the party that went sour’ image
....Periodically, though, the line has been crossed. Day’s sensationalist approach, for example, generated an epidemic of patent-medicine fraud (there really was something called snake oil), until it was eventually unhorsed by crusading journalists and scientific research. ...
Amazon plans for giant airship warehouses revealed image
Source : Guardian [Read Article] Thursday 29th of December 2016 03:47:29 PM
. Amazon has filed a patent for flying warehouses that could use a fleet of drones to make deliveries to customers. ...
South Korea fines Qualcomm $854m in competition probe image
Source : BBC [Read Article] Wednesday 28th of December 2016 12:14:19 PM
.... . The Korean Fair Trade Association said the firm had engaged in unfair business practices with its patent licensing and modem chip sales. ...
Trench coat maker Aquascutum to be sold for £97m image
Source : BBC [Read Article] Thursday 22nd of December 2016 01:51:57 PM
....Chinese textile firm Shandong Ruyi Group is understood to be one of the buyers, according to Bloomberg. Aquascutum started as a Mayfair tailors in 1851, rising to prominence after its founder, John Emary, patented the first waterproof textile. ...
Nokia sues Apple in patent dispute image
Source : BBC [Read Article] Wednesday 21st of December 2016 08:10:05 PM
. Finland's Nokia says it is suing Apple for breaching 32 technology patents. ...
Engine of growth image
Source : BBC [Read Article] Monday 19th of December 2016 01:07:35 AM
.... In 1913 Europe, the drumbeats of impending war were quickening, and the cash-strapped German was en route to London. One newspaper headline luridly speculated: "Inventor thrown into the sea to stop sale of patents to British government. ...
Drugs firms face fresh questions after Actavis accused of 12,000% price hike image
.... “There is legislation [being planned] to keep a closer eye on generics and that was partly [as a] result of some of the concerns that have come up from things we have been investigating,” he added. Drug companies face price controls for as long as their products are protected by patents. ...
Speaking their language image
Source : BBC [Read Article] Tuesday 13th of December 2016 12:27:01 AM
....Mr Deshmukh says that, during the company's research, it found many people who wanted to migrate from a basic phone to a smartphone were reluctant to do so due to language inhibitions. Apart from multiple languages, Indus OS also offers simplified predictive typing and translation between regional languages - a technology patented by the company. ...
Donald Trump's talk of 'draining the swamp' rings hollow image
Source : Guardian [Read Article] Saturday 10th of December 2016 01:00:03 PM
.... It’s the second time that WWE wrestlers have battled the company over their status. The first attempt failed for procedural reasons, although some legal scholars argue that “WWE’s classification of its wrestlers as independent contractors appears to be patently wrong”. ...
Samsung triumphs over Apple in US Supreme Court patent row image
Source : BBC [Read Article] Tuesday 6th of December 2016 05:14:56 PM
. The US Supreme Court has sided with Samsung in the South Korean company's long-running patent fight with Apple. ...
GSK's Andrew Witty: the man who sold the world cheaper medicines image
Source : Guardian [Read Article] Friday 2nd of December 2016 07:00:09 AM
.... GSK would slash its prices in the poorest countries to no more than 25% of the UK price. It would also put any patents it owned over putative drugs that may have some effect on neglected tropical diseases into a “pool”, which would allow anybody to investigate them. ...
Nestlé says it can slash sugar in chocolate without changing taste image
Source : Guardian [Read Article] Thursday 1st of December 2016 01:12:40 PM
.... The new process is said to make sugar dissolve faster so that even when less is used, the tongue perceives an identical level of sweetness. It plans to patent the process, discovered by its scientists, which it says will enable it to significantly decrease the total sugar in its confectionery products. ...
Nestle says will cut sugar in chocolate by 40% image
Source : BBC [Read Article] Thursday 1st of December 2016 10:51:21 AM
....It claims this can be done without affecting the taste. Nestle says it is patenting the findings, and it would start using the new sugar across its range from 2018. ...
Laser vision image
Source : BBC [Read Article] Tuesday 29th of November 2016 12:15:23 AM
.... . Theodore Maiman developed the world's first laser in 1960, although other scientists had patented designs earlier than this. ...
Trump says US to quit TPP on first day in office image
Source : BBC [Read Article] Tuesday 22nd of November 2016 12:27:44 AM
....Its aim was to deepen economic ties and boost growth, including by reducing tariffs. There were also measures to enforce labour and environmental standards, copyrights, patents and other legal protections. ...
Trump is right: Nafta is a disaster. But US workers aren’t the big losers | Felicity Lawrence image
.... For post-Nafta, its transnationals flooded Mexico with their calorie-dense, nutrition-light, processed foods and drinks, exporting their obesity epidemic too. Rates of diabetes associated with it have soared, just as the free trade agreement restricted the introduction of generic drugs and extended the patents of pharmaceutical companies, straining the health budget. ...
GSK tops list of drug firms improving global access to medicine image
Source : Guardian [Read Article] Monday 14th of November 2016 09:35:03 AM
.... He will be succeeded by Emma Walmsley, who currently runs GSK’s consumer healthcare business. The index assesses the world’s 20 largest pharmaceutical companies on a range of measures, including their willingness to discount prices in poor countries, research on neglected tropical diseases, lobbying, patent policies, breaches of codes of conduct, corruption or bribery, transparency and conduct in clinical trials. ...
AstraZeneca chief: US healthcare set for big changes under Trump image
Source : Guardian [Read Article] Thursday 10th of November 2016 02:22:21 PM
.... The company has also been cutting sales and administration costs but expects research spending to be higher this year than last. Soriot reiterated that the company remained on track to return to growth in the second half of next year, adding that there would be no patent expiries between then and 2024. ...
Rubik's Cube puzzled after losing EU trademark battle image
Source : Guardian [Read Article] Thursday 10th of November 2016 01:38:40 PM
....In May, a judge said the shape did not qualify for trademark protection. The case was brought by the German firm Simba Toys, which had challenged the trademark protection in 2006, claiming the cube’s rotating capability should be protected by a patent, not a trademark. ...
Rubik's Cube shape not a trademark, rules top EU court image
Source : BBC [Read Article] Thursday 10th of November 2016 01:12:55 PM
....But German firm Simba Toys challenged the trademark protection in 2006. The European Court of Justice (ECJ) agreed that the cube's ability to rotate should be protected by a patent and not a trademark. ...
Toblerone gets more gappy, but its fans are not happy image
Source : Guardian [Read Article] Tuesday 8th of November 2016 09:34:41 AM
.... Its name is a portmanteau of the creator’s surname and “torrone”, the Italian word for honey and almond nougat. Toblerone’s own website proudly tells how the following year it became the first milk chocolate bar with almonds and honey to be protected by intellectual property laws after Tobler successfully applied for a patent to cover its manufacturing process. ...
How a trip to B&Q to buy paint can wreck your car image
Source : Guardian [Read Article] Saturday 29th of October 2016 06:00:12 AM
.... A 49p milk carton has more protection against spillages than these. They are patently not up to the job of carrying paint. ...
Robot rage image
Source : BBC [Read Article] Thursday 20th of October 2016 11:49:10 PM
.... . It has already filed patent requests for tech that it claims will be able to identify aggressive or reckless driving and respond to it; and recognise and react to the flashing lights of police cars and emergency services. ...
When businesses mess up image
Source : BBC [Read Article] Thursday 6th of October 2016 02:14:39 PM
.... He went on to invent the process that allows us to take digital photos with our phones and send them around the world in seconds. Kodak patented the first digital camera in 1978. ...
Panasonic reveals bendable battery at Ceatec image
Source : BBC [Read Article] Tuesday 4th of October 2016 12:13:29 PM
...."Flexible batteries alone do not solve all the design challenges as the other materials and components also need to be flexible," he said. Samsung is believed to be working on a flexible phone, and recent patents revealed on Patently Mobile appear to show designs for a rolled up smartphone. ...
GlaxoSmithKline names Emma Walmsley as chief executive image
Source : BBC [Read Article] Tuesday 20th of September 2016 06:38:45 AM
....Sir Andrew has been with GSK for more than three decades, having started as a management trainee. During his nearly ten years as boss, Sir Andrew has overseen initiatives such as the firm's plan to drop patents in the world's poorest countries. ...
HP buys Samsung's $1bn printer business image
Source : BBC [Read Article] Monday 12th of September 2016 10:03:49 AM
....HP said the acquisition would help it to "disrupt and reinvent" the $55bn copier industry, a segment that "hasn't innovated in decades". It is buying a big printing presence in Asia, as well as Samsung's laser printing technology and patents. ...
EpiPen maker to sell cheaper generic version image
Source : BBC [Read Article] Monday 29th of August 2016 03:58:22 PM
....". The move is unusual because the branded version is still under patent and other rival treatments have failed to get regulatory clearance. ...
Drug company stung by criticism of
Source : BBC [Read Article] Thursday 25th of August 2016 03:32:07 PM
.... EpiPens are seen as a safe delivery method as they are pre-loaded with a regulated amount of the drug. Yet the precise measurement that the EpiPen provides is under patent protection, restricting cheaper generic alternatives from being brought onto the market. ...
Specsavers seeks to trademark 'should've' catchphrase image
Source : BBC [Read Article] Tuesday 16th of August 2016 09:29:21 AM
.... . "It's very broad as the patent refers to printed matter which could relate to gift cards and retail services. ...

A duke's wealth is the natural result of a free society - and should be celebrated
 image
.... The late Duke of Westminster gave £50 million for the new Defence and National Rehabilitation Centre for injured servicemen now being built near Loughborough. People with a conservative cast of mind (and one hopes this applies to Conservatives with a big C, though quite often it patently doesn’t) also have a sense of history. ...

Senior Donald Trump campaign manager accused of threatening staff with loaded gun 
 image
.... He said Mrs Clinton was the terror group's "co-founder and most valuable player". A spokesman for Mrs Clinton said: "This is an unhinged and patently false statement from an out of control candidate unraveling before our very eyes. ...
Cold turkey image
Source : BBC [Read Article] Tuesday 9th of August 2016 11:20:17 PM
.... . A cocktail bar in East Sussex has "banned" mobile devices by building a Faraday Cage into its walls to block phone signals and Apple has patented technology to prevent smartphone cameras from working at concerts. ...

Government undermining efforts to put an end to tax avoidance from behind the scenes, warn MPs
 image
....The all All-Party Parliamentary Group on Responsible Tax has said the government should force multinational companies such as Google to publish information on their activities in every country where they operate. Their report suggested Britain had been two faced in its approach to tackling tax avoidance, by defending schemes such as patent box relief, which allows businesses to cut the amount of corporation tax they pay on profits generated by UK-owned intellectual property. ...
Huawei sees revenues surge in the first half of 2016 image
Source : BBC [Read Article] Monday 25th of July 2016 02:02:18 AM
.... . The firm is currently in a long-standing patent dispute with South Korean rival Samsung. ...
Samsung shares fall after it sues Huawei over patents image
Source : BBC [Read Article] Friday 22nd of July 2016 01:47:22 AM
. Shares in Samsung Electronics have dropped after the smartphone giant sued rival Huawei in multiple courts in China over alleged patent infringement. ...
Shaving start-up firm bought by Unilever image
Source : BBC [Read Article] Wednesday 20th of July 2016 08:17:48 AM
....But the company is facing legal action from rival Gillette, owned by Procter & Gamble, seeking unspecified damages. It claims that the coating used to strengthen its blades infringes on a Gillette patent. ...
Yahoo: Still no buyer as losses widen to $440m image
Source : BBC [Read Article] Monday 18th of July 2016 10:01:06 PM
.... . The company faced another hurdle last week after a report alleged many of the company's technology patents were flawed, lowering their value. ...

The recipe for Mark Carney's patented tonic to stave off recession
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Source : Telegraph [Read Article] Tuesday 5th of July 2016 06:56:11 PM
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