PoliticsReuters•14 minutes agoU.S. top court tightens patent suit rules in blow to 'patent trolls'
By Andrew Chung WASHINGTON (Reuters) - The U.S. Supreme Court on Monday tightened rules for where patent lawsuits can be filed in a decision that may make it harder for so-called patent "trolls" to launch sometimes dodgy patent cases in friendly courts, a major irritant for high-tech giants like Apple and Alphabet Inc's Google. In a decision that upends 27 years of law governing patent infringement cases, the justices sided with beverage flavoring company TC Heartland LLC in its legal battle with food and beverage company Kraft Heinz Co . The justices ruled 8-0 that patent suits can be filed only in courts located in the jurisdiction where the targeted company is incorporated.
- BusinessCNBC•11 hours ago
If you bought $100 of bitcoin 7 years ago, you'd be sitting on $72.9 million now after new record high
Monday marks the seven-year anniversary of Bitcoin Pizza Day – the moment a programmer named Laszlo Hanyecz spent 10,000 bitcoin on two Papa John's pizzas. Bitcoin (Exchange: BTC=-USS) was trading as high as $2,185.89 in the early hours of Monday morning, hitting a fresh record high, after first powering through the $2,000 barrier over the weekend, according to CoinDesk data. On May 22, 2010, Hanyecz asked a fellow enthusiast on a bitcoin forum to accept 10,000 bitcoin for two Papa John's Pizzas.
- FinanceBusiness Insider•5 hours ago
Ousted Ford CEO Mark Fields had the impossible job of pleasing two masters
Ford CEO Mark Fields is stepping down, to be replaced with board member and Ford Smart Mobility Chairman Jim Hackett. Like Alan Mulally, the Boeing executive who became Ford CEO before the financial crisis and steered the carmaker through its most challenging episode, Hackett has no prior experience in the auto industry.
