Saturday, May 25, 2013

Salesforce, Intellectual Ventures ink patent deal | Politics and Law ...

Salesforce.com and patent aggregator Intellectual Ventures inked a new licensing deal on Friday that gives Salesforce access to some 40,000 of IV's patents.

The deal is the latest by Intellectual Ventures, a Bellevue, Wash.-based company that's made headlines for accumulating a massive trove of software and design patents, along with other intellectual property.

A major part of IV's business includes licensing patents out to other companies, which can use them for legal protection, though it's also made waves for litigating other companies.

Pricing and length of the deal were not disclosed, and a company spokesperson declined to elaborate.

Salesforce was famously sued by Microsoft over nine patents in early 2010. The spat was settled just three months later, with the two companies brokering a deal that would give them access to one another's intellectual property. The kerfuffle is relevant given Microsoft's ties to IV, which was founded by two former Microsoft executives. Microsoft is also an investor and client.

The deal comes as patent lawsuits are on the rise, especially among technology companies, and by firms that own intellectual property but do not make any products or services. Such companies, colloquially referred to as "patent trolls," launched the majority of U.S. patent cases in 2012, according to a study published last month.

Source: http://news.cnet.com/8301-13578_3-57586088-38/salesforce-intellectual-ventures-ink-patent-deal/

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Monday, May 6, 2013

Woman accidentally buys winning $14 million lotto ticket

File photo of lottery ticket (Thinkstock)File photo of lottery ticket (Thinkstock)

A single mother of four sons accidentally purchased an extra lottery ticket. Another dollar down the drain? Nope.

Thuan Le told NBCLosAngeles.com that she normally she buys $4 worth of Powerball tickets and one $1 SuperLotto Plus ticket.

This time, Le accidentally put an extra buck into the self-service machine, purchasing another SuperLotto Plus ticket.

It was?no doubt?the smartest mistake she ever made. NBCLosAngeles.com reports that Le plans to use the $14 million windfall to buy a home, travel and visit relatives in Vietnam.

One of her sons told Lotto officials that he and others thought Le was joking after she called to tell them the good news, according to ABC News.

"We thought she was joking," her son said, "but we thought, would she really joke like this? My older brother said, 'Yes, she would.'"

Le?s (very) lucky numbers were 5, 33, 25, 46 and 32. The Mega number was 26.

According to the California Lottery's official site, the odds of getting all five numbers and the Mega bonus number on the SuperLotto Plus are 1 in 41,416,353.

Source: http://news.yahoo.com/blogs/sideshow/woman-accidentally-buys-14-million-winning-lotto-ticket-163349201.html

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