What was once a haven for innovation, the U.S. Patent and Trademark Office is now rocked by the velocity of technological change and roiled by “patent trolls.” Could it be that the biggest impediment that innovators now face is the very system that was created to protect them?
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High drug prices are restricting people who need access to potentially life saving medications, from getting what they need. In the U.S. when government authorized patents expire, pharmaceutical companies rush to buy the patents and raise the prices of drugs by 6,000 percent. Martin Shkreli, at a conference, said he didn’t go far enough when raising […]
American families are grappling with stagnant wage growth, as the costs of health care, education, and housing continue to climb. But for many of America’s younger workers, “stagnant” wages shouldn’t sound so bad. In fact, they might sound like a massive raise.
The last decade was a boom time for patent trolls. Their names and lawsuits made the news; This American Life dedicated two hour-long episodes to them. The number of defendants in patent troll lawsuits increased sixfold from 2003 through last year. But now the tides seem to be turning for them: After growing very rapidly […]
An incredible 56.1% of ads on the internet are not seen by humans, according to new research released today by Google. “With the advancement of new technologies we now know that many display ads that are served never actually have the opportunity to be seen by a user,” said Google group product manager Sanaz Ahari […]
Robin Speronis lives off the grid in Florida, completely independent of the city’s water and electric system. A few weeks ago, officials ruled her off-grid home illegal. Officials cited the International Property Maintenance Code, which mandates that homes be connected to an electricity grid and a running water source. That’s like saying our dependency on […]
A machine that administers sedatives recently began treating patients at a Seattle hospital. At a Silicon Valley hotel, a bellhop robot delivers items to people’s rooms. Last spring, a software algorithm wrote a breaking news article about an earthquake that The Los Angeles Times published. Although fears that technology will displace jobs are at least […]
In the coming year, mobile will continue to strengthen its hold on the industry, smart data will outshine big data, and real-time marketing will become an achievable goal. With just a few weeks left in 2014, it’s time for some of my annual digital marketing predictions for the upcoming year.
Corporate venture capital is picking up speed in the investment industry, as large companies start setting aside funds for external investment in fledgling companies or startups. Tech giants like Intel, Dell and AMD all have strong track records with their proprietary funds, and more companies like Microsoft and Salesforce are now entering the venture-fund game. […]
There’s a stereotype that left-handed people are clumsier, but that might have something to do with the fact that they live in a world of objects optimized for the right-handed: scissors, the computer mouse, surgical tools, and guns, to name a few. The discrimination against the 12 percent of the population who are lefties has […]