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News on Medial
IPO-bound Reddit discloses patent infringement complaint from Nokia
Economic Times
·
1y ago
Medial
Reddit is currently reviewing a letter from Nokia Technologies claiming that it violated some of their patents. This comes as the social media platform faces an investigation by the Federal Trade Commission related to the sharing of user-generated content with third parties for AI training. Reddit has warned that as it gains more visibility and competition, it could face more intellectual property claims. The company is targeting a valuation of up to $6.5 billion for its upcoming IPO, which is reportedly oversubscribed and expected to take place on March 21.
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Xiaomi accuses Huawei executive of misrepresenting facts in smartphone patent spat
Economic Times
·
1y ago
Medial
Chinese smartphone maker Xiaomi has accused Huawei executive Yu Chengdong of misrepresenting facts regarding patent infringement. Yu had referred to "dragon bone" technology in a complaint about patent infringement, which was widely interpreted as targeting Xiaomi. Xiaomi defended its "dragon bone" hinge technology, stating that it was developed independently. The company urged Yu to stop unfairly criticizing competitors and misleading the public. Both Xiaomi and Huawei have previously engaged in disputes over smartphone specifications.
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Nokia signs 5G patent deal with China's Vivo
Reuters
·
1y ago
Medial
Finnish telecom equipment maker Nokia has signed a multi-year 5G patent license agreement with Chinese smartphone vendor Vivo. This agreement resolves all pending patent litigation between the companies and marks Nokia's sixth major smartphone licensing deal in the past 13 months. Nokia expects its intellectual property licensing business to generate at least 1.4 billion euros in operating profit by 2024.
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IPO-Bound Zepto Hit with Labour Complaint in Delhi Over Worker Exploitation Claims
StartupTalky
·
2m ago
Medial
Zepto, a company preparing for IPO, faces a labor complaint in Delhi filed by the Rajdhani App Workers' Union (RAWU). The complaint alleges exploitation within Zepto's Rural Mobilisation Programme, involving gig workers hired from rural areas. Accusations include misinformation about pay and conditions. Zepto claims store management handles operations and denies certain practices. Experts note complexities due to third-party vendor involvement, with broader issues highlighted under Indian labor laws. The incident surfaces amid the rapid commerce industry's staffing challenges.
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TechCrunch Mobility: A ride-sharing pioneer comes for Uber, Tesla loses more ground, and dog-like delivery robots land in Texas | TechCrunch
TechCrunch
·
2m ago
Medial
Carma Technology has filed a patent infringement lawsuit against Uber, claiming rights over a ride-sharing system. Carma, formed in 2007, alleges Uber infringed on five patents related to matching riders with vehicle capacity. This claim is part of a broader patent strategy involving a 30-patent family. Carma’s approach, asserting specific patent claims, complicates Uber's defense. The case is considered challenging due to the complexity and strategic depth of Carma’s patent portfolio.
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Sarah Silverman’s lawsuit against OpenAI partially dismissed
The Verge
·
1y ago
Medial
A California court has dismissed several claims in a copyright case against OpenAI filed by authors, including Sarah Silverman, over allegations that OpenAI's ChatGPT is infringing on their work. The court rejected claims of vicarious infringement, Digital Millennium Copyright Act (DMCA) violations, negligence, and unjust enrichment. However, the court upheld the claim that OpenAI used the authors' work for commercial profit without their permission, leaving the main complaint of direct copyright infringement unresolved. The authors have the opportunity to amend their original complaint by March 13th. OpenAI is facing multiple copyright infringement lawsuits from various authors.
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Windows LumiPhone? Modder elegantly fits 2022 iPhone into 2013 Nokia body
Arstechnica
·
5m ago
Medial
A modder named OceanDepth95028 creatively merged the body of a 2013 Nokia Lumia 1020 with the guts of a 2022 iPhone SE, naming it the "NokiApple LumiPhone 1020 SE." This unique project involved integrating the iPhone's camera and electronics into the Lumia's shell while adding features like a working Touch ID sensor. The mod gained attention on Reddit for its nostalgia and innovation, showcasing the distinct designs of past Nokia phones.
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Micron, Dell, HP win appeal over conflict claims tied to US patent official
Economic Times
·
12m ago
Medial
A US appeals court has supported decisions made by the US Patent and Trademark Office (USPTO) regarding Micron, Dell, and HP, despite the fact that the attorney who represented the tech companies later became the director of the office. The court stated that Unification Technologies, the patent owner, failed to show that the attorney's previous involvement in the case influenced the administrative judges who invalidated its patents. Unification sued Micron, Dell, and HP for patent infringement relating to memory chip data management in 2020. The cases involving HP and Dell have been dismissed, while the Micron case is ongoing.
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Nike sues New Balance, Skechers for patent infringement
Startup News FYI
·
1y ago
Medial
Nike has filed a lawsuit against New Balance and Skechers for patent infringement related to a technology dispute. The exact details of the technology in question have not been disclosed. Nike claims that the competitors have infringed upon its patents and seeks damages and injunctive relief. New Balance and Skechers have not publicly commented on the lawsuit yet. Patent disputes in the technology industry are common, and it will be interesting to see how this case unfolds.
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Apple wins bid to pause Apple Watch ban at US appeals court
Economic Times
·
1y ago
Medial
Apple has won a bid to pause the Apple Watch ban at a US appeals court. The ban, which was initially ordered by a Texas federal judge due to a patent infringement claim from Nevada-based company Personalized Media Communications, would have prevented Apple from selling or importing its smartwatches. However, Apple managed to convince the appeals court that the ban would cause irreparable harm and disrupt its business operations.
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Reddit may be targeting a $5 billion valuation for its upcoming IPO
Business Insider
·
1y ago
Medial
Social media platform Reddit is reportedly considering going public in an initial public offering (IPO) in the first quarter of 2024. Potential investors are advising Reddit to aim for a valuation of at least $5 billion. The success of the IPO will depend on the state of the IPO market, which has faced challenges in recent years. Reddit's current target valuation signifies a departure from the previously expected sky-high valuations.
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