Intellectual Ventures Inc., the company started by former Microsoft Corp. chief technology officer Nathan Myhrvold, wants to shift its image from patent troll to innovation facilitator, the Puget Sound Business Journal reported.
Intellectual Ventures, the so-called “invention company” begun by former Microsoft Corp. chief technology officer Nathan Myhrvold, has set up an in-house lobbying team in Washington, according to the Washington Post.
While Microsoft Corp. Chairman Bill Gates these days is more often seen engaged in philanthropic activities through the Bill and Melinda Gates Foundation, he still dons his inventor cap from time to time.
“ Modernist Cuisine ” is six volumes long, runs 2,400 pages and weighs more than 18 kilograms (40 pounds). The cover price is $625 and it’s sold out on Amazon , where outside suppliers ask as much as $1,875.
Intellectual Ventures Management LLC, led by a former chief technology officer of Microsoft Corp., is seeking $3 billion for a fund that would give it steady cash flow from patents and invention rights, according to an investor presentation obtained by Bloomberg News.
Patents rarely make headlines, but they did this month when Nortel Networks Corp., the defunct Canadian telecommunications giant, auctioned off its patent portfolio and drew an astonishing winning bid of $4.5 billion from a group of companies that includes both Apple Inc. and Microsoft Corp.
One reason “dismal science” aptly describes economics is that it so often winds up in a zero-sum trade-off of diminishing returns. That gets depressing when the global economy is in a sorry state, as it is now.
As we lurch from one high-stakes political drama to another, it is natural to wonder why societies aren’t better at avoiding self-inflicted crises. Here in the U.S. earlier this month, the government barely dodged default, even though economists reached consensus months ago on when the debt limit would need to be raised.