Facebook Has Been Sued Five Times For Patent Infringement In Two Months Since Filing For Its IPO
from the paddle-paddle dept
We recently wrote about a Rob “CmdrTaco” Malda column for the Washington Post, which suggested that getting sued for patent infringement was like frat hazing for tech companies that file to go public. If that’s true, then it appears that Facebook is taking its paddle whacks from quite a few upper classmen. In a larger report about the Facebook/Yahoo patent battle, M-CAM mentions as an aside that Facebook has been sued five times for patent infringement in just the two months since it filed for the IPO:
Patent infringement lawsuits can be problematic during a company’s quiet period. In the two months since filing for its IPO in February 2012, Facebook has been the target of five such suits: three from non-operating entities, one from Mitel, and one from Yahoo!.
This isn’t a coincidence. This is about companies hoping to cash in by filing questionable patent lawsuits at a very inconvenient time for Facebook. These are companies who know the history of similar lawsuits, where many companies feel compelled to “settle” at almost any cost, due to pressure from Wall Street investors who don’t understand patent battles, and fear that any prolonged fight is too costly. So companies are sometimes willing to pay through the nose, not because there’s any validity to the lawsuits, but because the massive influx of cash from a successful IPO is worth a lot more than fighting the patent lawsuit. In fact, I wouldn’t be surprised to see a few more trolls try to jump in before the IPO gets off the ground.
Filed Under: cmdrtaco, hazing, ipo
Companies: facebook, yahoo
Comments on “Facebook Has Been Sued Five Times For Patent Infringement In Two Months Since Filing For Its IPO”
Getting caught running a red light is “frat hazing”.
Cue freetards censoring this comment, cuz you k’now, differing opinions are cause for “reporting” on this ridiculous blog…
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Then why don’t you leave instead of hanging around I am sure that there are better jobs out there in the world. I bet your parents would be proud, Hey everyone my son is a shill
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I don’t know, I think the comments that get reported are those that don’t even bother to pretend to attempt to make even a shred of a piece of a start of a formation of a logical argument.
You know, like the one you just made.
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and accusation of patent infringement is a traffic ticket.
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Yup, except one is covered by the Penal code, and one is civil.
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No, no one would possibly REPORT (not “censor”, because it’s still viewable for those who want to see such stupidity) such an inane and completely off topic comment, nor one that obviously adds such insight to the article at hand. /s
You don’t want your comments reported, try actually making them relevant.
Cue shill replying with a further moronic comment.
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Really I am envious of comments like this. They are so short, yet speak volumes! One could write a five page essay examining all the stupid that has been packed into these two short lines.
Truly some masterful compression techniques there!
Re: maybe next time
FIRST!!!!
Oh … darn!
Not that I feel sorry for Facebook and their billions, but these lawsuits are pretty pathetic.
funny, you don’t seem to be bothered about facecrack, making money off others patented items, something someone worked to make, because that’s what innovation is all about to freetards, just steal what you want, your entitled to it, right??
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Yes. Because Facebook has a team of 2 million patent lawyers just trawling the USPTO for patents to steal. I mean, why waste all that money on R&D and developers when all you need is a 2 million lawyer team to help you steal innovations.
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I’d be bothered by it if Facebook violated legitimate patents. But I have yet to see where they’ve been accused of that.
“where many companies feel compelled to “settle” at almost any cost, due to pressure from Wall Street investors who don’t understand patent battles, and fear that any prolonged fight is too costly”
Should it really surprise us that Wall Street isn’t smart enough to think ahead? Given all the damage their short sightedness has inflicted onto the world’s economy, including knowingly defrauding their own customers by selling them ‘great’ investments they themselves were betting against without telling said customers.
Lawsuits, lawsuits, lawsuits! Do Americans know no other way of resolving disputes?
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Sure…. tanks and guided missiles seem to be a popular option too.
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I forgot about that, don’t I look foolish.
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Quick! Hide the lawyers, before they find ou-
[Grey voice]TOO LATE, PITIFUL MORTAL. YOU ARE NOW LIABLE FOR $13 TRILLION DOLLARS IN LEGAL FEES[/Grey voice]
No mention of Winklevi?
The world’s going to hell in a hand basket.
Sued!
Think of these suits in this light: “We just want our piece of your pie. It’s not personal, it’s just business…” Business is a dirty, dirty game with the only rule being…WIN!
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