US 14\/258,794<\/a> is certainly one to own. The invention as described by the patent specification\u00a0relates\u00a0to indoor holiday lights\u00a0providing specially designed holiday lights and ornaments, with each adorned with a dazzling, electronic display screen that emits a scrolling message of holiday cheer.<\/p>\nThe abstract of the patent reads as follows: \u201cIndoor holiday lights comprising a strand of lights and ornaments wherein the ornaments comprise a specially designed picture frame inside of which the user can insert a favorite photograph or other printed image, wherein the picture frame is positioned on the surface of an ornament. Also provided is a strand of holiday lights further comprising an electronic scrolling banner that displays any number of holiday messages and offerings of good tidings and cheer options positioned below the frame.\u201d (The abstract has been taken from the patent specification as is and has not been corrected for errors.)<\/em><\/p>\nOn a separate note we came across a very interesting patent application in the official journal of patents published last week. This invention is called \u201cGREEN BRICKS-BRICKS MADE FROM WASTE PLASTIC BAGS<\/strong>\u201d. The Indian patent application 201721044040<\/strong> has been filed by two individuals from Pune, Maharashtra. The abstract of the patent application reads as follows: \u201cBasically plastic bags are used for numerous purposes but not all of them can be recycled so they end-up in landfills or stay littered on roads causing different types of pollution. Burning these plastics is not an effective way. Through this invention we are providing a way to recycle these pollution causing waste plastic bags by turning them into GREEN-BRICKS. These bricks\/blocks are waterproof also they have high strength making them capable to bear heavy traffic also. They can help reduce the amount of waste plastic bags present in landfills by turning them into bricks\/blocks. Also as they are waterproof they are expected to have a longer lifetime even if used in heavy rainfall region, thus making them more economical. If this material is used for making roads it can notably reduce the number of potholes formed during rains. These potholes cause numerous accidents also huge amount of money is spent later to repair these roads<\/em>.\u201d (The abstract has been taken from the patent specification as is and has not been corrected for errors.)<\/em><\/p>\nGovernment Updates on Patents<\/h2>\n
2.32 lakh patent applications pending with IPO<\/strong><\/p>\nMinister of State for Commerce and Industry C R Chaudhary informed the Parliament that over 2.32 lakh patent applications\u00a0are currently pending with the Indian Patent Office. The minister further informed the parliament that about 9,847 patents were granted by Indian Patent Office\u00a0until the 30th<\/sup> of November 2017. While the number of pending patent applications has certainly reduced this year, the numbers are still a sorry figure. With a mere 543 examiners, the wait for a patent for many applicants does not seem to be getting any shorter.<\/p>\nPatent Disputes, Infringement and Settlements<\/h2>\n
Nintendo\u2019s appeal against 10 million dollar verdict fails<\/strong><\/p>\nThe U.S. Court\u00a0of Appeals recently issued its decision in the case of Nintendo versus iLife Technologies. The jury from the U.S. Court\u00a0of Appeals found Nintendo guilty of infringing on iLife\u2019s\u00a0patent and upheld the Courts earlier decision to award 10 million dollars as damages to iLife.<\/p>\n
\u00a0iLife Technologies sued Nintendo back in 2013 over the accelerometer technology found in its Wii Remote, claiming that Nintendo had infringed on one of its motion technology patents.<\/p>\n
IBM and Priceline settle patent infringement lawsuit<\/strong><\/p>\nAmerican multinational, IBM has announced that it has reached an agreement with The Priceline Group to resolve the patent lawsuit between the two companies pending in\u00a0the United States\u00a0District Court for Delaware.\u00a0As part of the confidential settlement, the parties will obtain patent cross-licenses to each company’s worldwide patent portfolio, IBM said.<\/p>\n
The case dates back to 2015 when IBM accused Priceline of violating patented technology that stretches back to the early days of the internet.<\/p>\n
Patent Licensing, Commercialization, Acquisitions<\/h2>\n
Michigan company to purchase patent covering bitcoin ATM transactions<\/strong><\/p>\n\u00a0A little known company, DNA Dynamics Inc. has announced that its U.K. subsidiary, DNA Interactive Ltd., has signed binding term sheet to acquire a patent that requires bitcoin ATM operators to pay a royalty on every bitcoin ATM transaction conducted in the U.S.<\/p>\n
Cryptocurrency is currently at the centre stage of global economics and a trend has set in where companies are seeking to build a portfolio of assets around cryptocurrency-related assets.<\/p>\n
Panasonic and Rambus renew patent license agreement<\/strong><\/p>\nAmerican technology licensing company Rambus has renewed its patent license agreement with Panasonic. Under the terms of the five-year extension of Panasonic\u2019s agreement, Rambus will license Panasonic a range of technologies to cover products that include SoCs with DRAM memory controllers.<\/p>\n
International Patent & Design Updates<\/h2>\n
Eurasian Patent Office (EAPO) awards medal of the “50,000th Patent of EAPO”<\/strong><\/p>\nEurasian Patent Office (EAPO) , the regional organization which includes Turkmenistan, the Republic of Belarus, the Republic of Tajikistan, Russia, the Azerbaijan Republic, the Republic of Kazakhstan, Kyrgyzstan, and the Republic of Armenia as its member states recently awarded a medal of the “50,000th<\/sup>\u00a0Patent of EAPO” to Tsinghua University and Nuctech. The award signifies that the EAPO has granted 50,000 patents till date from the day of its formation in 1995.<\/p>\nBananaIP\u2019s Patent Tip of the Week<\/h2>\n
What is a 101 Rejection under the US patent Law?<\/strong><\/p>\nA 101 rejection is one of the most basic objections issued by the USPTO. The 101 rejection under the US patent law is in a sense what rejections under Section 3 is to the Indian Patent Law. 35 U.S.C. \u00a7 101 basically deals with Subject Matter Eligibility and reads as follows:- \u201cWhoever invents or discovers any new and useful process, machine, manufacture, or composition of matter, or any new and useful improvement thereof, may obtain a patent therefor, subject to the conditions and requirements of this title.<\/em>\u201d While 101 talks about inventions patentable, Section 3 of The Patents Act, 1970 relates to inventions not patentable.<\/p>\nAuthor: BIP\u2019s Patent Attorneys<\/strong><\/p>\nIf you have any questions, you may write to BIP’s Patent Attorneys – contact@bananaip.com<\/a>.<\/p>\n <\/p>\n","protected":false},"excerpt":{"rendered":"
This weekly patent news covers the large backlog at the Indian Patent Office, recent patent statistics, and notable inventions, including green and New Year-themed patents. It also examines major international patent disputes, licensing agreements, and offers practical patent law tips.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":2,"footnotes":""},"categories":[6,14],"tags":[3029,2816,42,16,127,158,2280,310],"class_list":["post-41149","post","type-post","status-publish","format-standard","hentry","category-intellectual-property","category-patents","tag-cryptocurrency-patents","tag-green-patents","tag-indian-patent-office","tag-patent-infringement-2","tag-patent-licensing","tag-patent-litigation","tag-patent-news","tag-patent-statistics"],"_links":{"self":[{"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/posts\/41149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/comments?post=41149"}],"version-history":[{"count":2,"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/posts\/41149\/revisions"}],"predecessor-version":[{"id":136479,"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/posts\/41149\/revisions\/136479"}],"wp:attachment":[{"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/media?parent=41149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/categories?post=41149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bananaip.com\/intellepedia\/wp-json\/wp\/v2\/tags?post=41149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}