U.S. lawmakers, influenced by companies including Cisco Systems Inc., Eli Lilly & Co. and Qualcomm Inc., are considering the second set of patent-law changes in three years as the courts try to race ahead of Congress.
Google Inc.’s Motorola Mobility unit said it made a new offer to settle its patent-infringement disputes with Microsoft Corp. over the Xbox gaming system and smartphones. Microsoft questioned whether the offer was serious.
Zain Fancy, who joined Och-Ziff Capital Management Group LLC from Morgan Stanley in 2008, sued two units of the New York-based hedge fund manager in Singapore, claiming they withheld $7.9 million in pay and stock that he was owed.
Even as they battle in courts over smartphone and video technology, Microsoft Corp. and Google Inc. have discovered a common foe: patent owners who try to sue their customers or go after an entire industry.
Google Inc. and 3M Co. are among the top patent-holding companies that agreed two years ago to pay higher fees if Congress let the U.S. Patent and Trademark Office use the funds to address a work backlog and improve application scrutiny.
Microsoft Corp., embroiled in patent litigation with Google Inc.’s Motorola Mobility unit, said it’s open to reaching a comprehensive settlement of disputes that have limited sales of Motorola Mobility products in the U.S. and Germany.