VENTURE CAPITAL POST

In the middle of big verdict is Apple when VirentX files lawsuit for a patent case against it. Damages now are being calculated bu the courts.

GlaxoSmithKline pledged not to file patents to make drugs more affordable to poor countries. Any GSK drugs that are included in the list of the World Health Organization's important medicines will be included automatically.

Apple Inc. has filed a patent for a new kind of screen protector described as "active screen protection for electronic device". The new protection technology protects mobile devices by extending retractable tabs.

Nike prepares to launch shoes from future, as portrayed on a classic sci-fi action movie, Back to the Future. After securing the patent for its self-lacing shoes, the shoes will be ready to enter the market in the near future.

China's Huawei Technologies [HWT.UL], the world's second-biggest maker of network gear, is beefing up its patent portfolio ahead of 5G, the next generation of mobile equipment, its chief executive said on Tuesday.

Microsoft Corp (MSFT.O) is demanding $6.9 million interest from Samsung Electronics (005930.KS) in a dispute over smartphone patent royalties, according to a lawsuit unsealed by a New York federal court on Friday.

Apple's "pinch to zoom" patent was rejected, again, by the USPTO.

US based Go Green Global Technologies Corp acquired patent portfolio from Water Treatment Systems over their Sonical product line