bite (noun): More meaty news to clench your teeth.
bark (noun): Ambient noise that needs attention.
Other Barks & Bites of the week: Nike sues BAPE for copying shoe design. The five largest patent offices have announced that he will increase patent grants for 2022 by 10%. Hershey has settled a trademark dispute with a California cookie company. The Information Technology and Innovation Foundation (ITIF) has also condemned the Indian government’s takedown request for the BBC documentary.
Part-Time Job
ITIF Condemns Indian Government’s Copyright Removal Request
On Wednesday January 25th, the Information Technology Innovation Foundation (ITIF) released a statement condemning the Indian government’s request to take down the BBC documentary India: The Modi Problem. The Indian government has asked YouTube and Twitter to remove a documentary about the 2002 Gujarat riots. In this documentary, Prime Minister Narendra Modi condones his 1,044 dead ethnic violence. ITIF senior policy analyst Jaci McDole said: Copyright exists to allow expression. It provides copyright holders with security and control over their works, and only rights holders can enforce their copyrights. “
Nike sues BAPE over iconic shoe design
On Wednesday, January 25, Nike filed a lawsuit against fashion brand BAPE for copying some of Nike’s most famous designs. It revolves around copying ugly designs,” the company wrote in its lawsuit. Nike has included five of his BAPE designs, alleging that they infringe Nike’s USPTO-registered trade his dress.
Meta Launches Website to Help Protect Intellectual Property
On Tuesday, January 24th, Meta announced the launch of a new website to help IP owners navigate their rights manager and protect their IP. “We are committed to the tools and policies we use to give copyright owners greater control over when, how, and where their content is shared on our service,” the company said in a statement. , offering unprecedented transparency.” Meta and other social media companies have come under fire in recent years for lackluster IP protection.
Top 5 patent offices saw 10% more patents granted in 2021
On Tuesday, January 24, the five largest patent offices released a report showing a 10% increase in patent grants in 2021 at these offices. The so-called “IP5” includes the USPTO, the Japan Patent Office, the Korean Intellectual Property Office, the European Patent Office, and the State Intellectual Property Office of China. The five offices have granted 1.5 million patents and received 2.9 million patent applications in 2021. This is an increase of 3.7%.
Burks
Senate Judiciary Chairman Announces 118 Democratsth meeting
On Thursday, January 26, US Senate Majority Whip and Senate Judiciary Committee Chairman Dick Durbin announced the ten Democratic members of the Judiciary Committee. The 10 Senators are Diane Feinstein (Democrat-California), Sheldon Whitehouse (Democrat-RI), Amy Klobuchar (Democrat-Minnesota), Chris Koons (Democrat-Germany), Richard Blumenthal (Democrat-CT), I’m Maggie Hirono (Democrat-HI). ), Cory Booker (D-NJ), Alex Padilla (D-California), John Ossoff (D-Georgia), Peter Welch (D-VT).Composition of the Republicans and the 118 Intellectual Property Judicial Subcommitteesth Congress has not yet announced.
Justice Department sentences Chinese man to 8 years in prison for trying to recruit engineers, scientists
On Wednesday, January 25, the Department of Justice (DOJ) announced that Ji Chaoqun was sentenced to eight years in prison for committing illegal acts in the United States as a foreign agent of the People’s Republic of China. Chaoqun is said to have sought to recruit engineers and scientists working in aerospace and satellite technology to gain access to advanced technology.
Video game withdrawn due to trademark dispute
On Wednesday, January 25, the highly anticipated video game was removed from the largest digital game store, Steam, after an individual filed a trademark infringement complaint. Video game company Fnastic issued a statement We apologize that the game “The Day Before” has been removed from Steam. According to the company, after the company announced the game in 2021, an individual registered the game’s trademark and filed a trademark infringement complaint before the release date.
Hershey Settles Lawsuit With Cookie Competitor
On Tuesday, January 24, Hershey and the Cookie Division settled a lawsuit over the use of the trademark “Tough Cookies.” The Cookie Department filed a lawsuit against Hershey in 2020 over the company’s use of the trademarked phrase in its line of protein bars. Both companies have agreed to dismiss the lawsuit and settle the matter without exchanging money.
wall street this week
Chevron announces $75 billion buyback program
On Wednesday, January 25, Chevron announced that the oil company would buy back $75 billion worth of stock from investors, tripling its buyback budget. The company also reported record profits this Friday, prompting politicians to call on oil companies to cut prices on gas pumps for consumers.
IBM lays off 3,900 workers, expands tech sector layoffs
On Wednesday, January 25, IBM announced it would lay off 3,900 employees, or about 1.5% of its workforce, after falling short of its 2022 cash flow forecast by $700 million. The job cuts are part of widespread layoffs in the tech sector over the past few months. SAP also announced it will lay off 3,000 people this week, or 2.5% of his workforce.
Quarterly results – The following companies, identified among the IPO’s top 300 patentees for 2022, will announce quarterly earnings next week (2022 ranking in parentheses):
- Monday: Canon (5th), Royal Phillips (49th), NXP Semiconductors (91st)
- Tuesday: Caterpillar (90), Exxon (156)
- Wednesday: Sony (11), Meta (42), Thermo Fisher Scientific (190), Novo Nordisk (277)
- Thursday: Apple (14), Alphabet (15), Amazon (16), Bristol-Myers Squibb (252)
- Friday: Sanofi (210)
