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Ken Seddon
· February 14, 2016
We are trying to protect innovation!!! Companies spend over $29 billion a year on direct costs because of patent trolls. This is money we think should be spent on innovation, making better products, improving manufacturing, etc. Not on making patent trolls rich.
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If only LOT existed 10 years ago: HP patents, sold off to a #patenttroll are used to sue #Cisco and #Facebook

HP patents, sold off to a troll, are used to sue Cisco and Facebook
Patents went from 3Com to HP to East Texas-based Plectrum LLC.
arstechnica.com

Member company @Uber on why they stepped up to the #patent troll problem via @techcrunch

Why we stepped up to the patent troll problem
Entrepreneurs don’t pour all their energy into building startups just to have a patent troll attack them with patents of questionable quality. The patent..
techcrunch.com
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Congrats to member company @Yieldify on its latest funding round!

GV-backed Yieldify has closed its latest $6m funding round
GV-backed Yieldify has closed its latest $6m funding round | Technology | London | Bdaily UK | Business News
bdaily.co.uk

“ The patent squabbles that dominated the last few years are no more, perhaps driven by the rise of patent-sharing agreements and greater cooperation, as seen in PAX and the LOT Network. ”

The state of the industry: the biggest regional tech trends of 2016
It’s become a cliché, but still rings true: 2016 was yet another milestone year for the U.S. tech industry. Employment rose nearly 3 percent. As the tech sector continues to mature, regional…
cio.com

On how it is a “...competitive disadvantage for many companies that have dillydallied to join the network ..."

Cisco And Slack Becomes Members Of Google’s Patent Network
Cisco and work-collaboration service Slack joins the LOT Network
marketexclusive.com

Great discussion on LOT Network from a Canadian law firm: http://www.mondaq.com/canada/x/583688/Patent/LOT+Network

LOT Network - Intellectual Property - Canada
In a previous blog post, we briefly discussed the LOT Network's initiative in in the fight against patent assertion entities (PAEs), more commonly known as patent trolls. Canada Intellectual Property McCarthy T
mondaq.com

Today, Fortune covers the growth of LOT Network, which includes new members Cisco and Alibaba: https://lnkd.in/gTPwGwS

Targeted by patent trolls, J.C. Penney & Co. joins with LOT Network http://legalnewsline.com/…/511096719-targeted-by-patent-tro…

Targeted by patent trolls, J.C. Penney & Co. joins with LOT Network
PLANO, Texas (Legal Newsline) – A senior counsel for J.C. Penney & Co. has all but given up waiting on the federal cavalry to arrive and protect her client from patent trolls. Instead, she and others have joined a community of patent-protectionist businesses in an effort to ward off what they say is...
legalnewsline.com

Defense Against Patent Trolls? Worth A LOT (Network) - http://www.pymnts.com/…/defense-against-patent-trolls-wort…/

LOT Defends Against Patent Trolls | PYMNTS.com
For patent trolls, the legal system can be gamed to garner patents and licenses without making a single good, or providing a single (good) service.
pymnts.com

Uber on why they decided to be a founding member of LOT Network: http://www.corpcounsel.com/…/Why-Uber-Became-a-Key-Architec…#

Why Uber Became a Key Architect in a Patent Protection Network
Patent troll lawsuits are bad for business and bad for innovation, which is why Uber, along with a number of other prominent technology companies, decided it...
corpcounsel.com

Are you a retailer? @jcpenney counsel talks about why patent trolls are your problem too: http://www.chainstoreage.com/…/commentary-retailers-need-jo…

Commentary: Retailers need to join forces to solve patent troll problem
Diane K. Lettelleir, senior managing counsel of JCPenney Corp., discusses why retailers can’t wait for the government to solve the patent troll problem.
chainstoreage.com

Registration is officially open for our LOT Members Meeting! $50 off for the first 50 registrants, and FREE if you bring a prospective member: http://lotbridge.com/

LOT CEO Ken Seddon on why tech companies are coming together to create their own IP protections: https://betanews.com/…/why-tech-companies-of-all-sizes-are…/

Why tech companies of all sizes are embracing business-led solutions to IP protection
The tech industry has long been a favorite target for patent trolls. While tech companies strive to innovate, patent trolls see opportunities to monetize the patents they’ve acquired by suing opera…
betanews.com

Get 25% off PYMNTS Innovation Project registration, March 13-15 in Boston: use promo code LOT25OFF at checkout: http://www.innovationproject.com/

Innovation Project 2017 - Betting on the Future: The Who, What, Where and How
In 2012, PYMNTs.com launched The Innovation Project – an annual confab of those innovators from across the ecosystem and around the world – to discuss the impact of these shifts, and debate their relevance to the future of payments and commerce. This year, this highly unique and high-powered forum w...
innovationproject.com

LOT Member Pearson's Karl Fazio on Clearing the Underbrush: How to Fight Low Quality Patents Related to Commoditized Technology that Threaten Innovation http://www.ipwatchdog.com/…/fight-low-quality-pat…/id=78581/

Clearing the Underbrush: How to Fight Low Quality Patents Related to Commoditized Technology that Threaten Innovation - IPWatchdog.com | Patents & Patent Law
IP departments are forced to spend limited budgets defending patent troll lawsuits targeted at base computing instead of where it should be spent...
ipwatchdog.com