The USPTO is now a self-supported entity, and must survive by generated fees.A fee will be charged for reviewing the patent, which will always be refused the first time,so the reasons for denial will have to be challenged, which will send it back again for review of the challenge.This process can continue ad-nauseum until all possible fees have been extracted before ultimately approving or disapproving it.
$$$ for USPTO.
Seems like it is taking a bite out of patent lawyers' livelihood! I am sure there will be many challenges to this... oh well, looks like Bilsky vs. State Street Bank and all that machine vs. transformation discussion will flare up again!!
Cool published application, BUT that is not a granted patent. In short, it is presently words on paper with priority for being granted over words generated later. However, the fact that the application was published only means that it languished for a year, not that it has any merit or that it may/may-not issue.
We will have to see if intelligence prevails at the USPTO in terms of whether this really does become a patent. It is my understanding that if even one example exists of someone else using the claimed methods 6 month prior to the application, even if it otherwise could be granted, that novelty fails. SURELY there are such sharks in the patent trolling waters.
That's brilliant. Essentially they've cornered the market on patent trolling, so as a defensive measure it's awesome. A troll can't bother them without violating their patent, and, assuming this is ever enforcable, no patent troll can operate again without violating this or obtaining a license.
Somebody should have done this a long time ago. ;)
As we unveil EE Times’ 2015 Silicon 60 list, journalist & Silicon 60 researcher Peter Clarke hosts a conversation on startups in the electronics industry. Panelists Dan Armbrust (investment firm Silicon Catalyst), Andrew Kau (venture capital firm Walden International), and Stan Boland (successful serial entrepreneur, former CEO of Neul, Icera) join in the live debate.