J. R. Ransom's taosmultimedia.com - Apple's Billion Dollar Patent & Other Stories From Patentland

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Apple's Billion Dollar Patent & Other Stories From Patentland

DECS writes "It has been widely reported that Apple secured a patent worth a "billion dollars." According to a patent attorney involved in the issue, Apple will be "after every phone company, film maker, computer maker and video producer to pay royalties." The good news is that all the news reports were based on misleading hyperbole. " Don't let the title fool you; the essay is a good background on patents, the horror stories of some of them but also why companies feel compelled to seek patents as a business "safety" precaution.

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