President Trump’s “Big Beautiful Bill” is getting a proposed “upgrade” with an amendment by two Republicans, Senator Thom Tillis (R-NC) and Representative Kevin Hern (R-OK).
This caught my attention: "I’m also seeking funding for my own patent litigation against giant tech companies that are using my patented inventions without a license." How could this happen? Were you a consultant for the alleged thieves? Did they reverse engineer your product?
I have had one company purchase my software for years and eventually make its own version that infringed my patents, but I didn't have the money to sue them.
In another case, I presented my business plan to several investors. One of them started their own business based on my tech. A Stanford B-school professor convinced me that patents weren't valuable, so I abandoned the patent application. The tech became a multi billion dollar business. (Fortunately, I had filed a trademark and they had stupidly taken my company name, too, so I did eventually get a small piece of the company.)
For my pending patent litigation, no one stole my invention, but my patent gives me the right to my invention nonetheless. Companies are supposed to search the patent office and pay license fees to inventors, but none do. They just wait to get sued.
I just heard that this tax was cut from the bill by the Parliamentarian of the House of Representatives who decides on procedural questions under the U.S. Constitution and House rules and precedents. Hurray! https://news.bloomberglaw.com/business-and-practice/litigation-finance-tax-cut-out-of-gop-tax-bill-by-senate-referee
Very fascinating history lesson here!
This caught my attention: "I’m also seeking funding for my own patent litigation against giant tech companies that are using my patented inventions without a license." How could this happen? Were you a consultant for the alleged thieves? Did they reverse engineer your product?
I have had one company purchase my software for years and eventually make its own version that infringed my patents, but I didn't have the money to sue them.
In another case, I presented my business plan to several investors. One of them started their own business based on my tech. A Stanford B-school professor convinced me that patents weren't valuable, so I abandoned the patent application. The tech became a multi billion dollar business. (Fortunately, I had filed a trademark and they had stupidly taken my company name, too, so I did eventually get a small piece of the company.)
For my pending patent litigation, no one stole my invention, but my patent gives me the right to my invention nonetheless. Companies are supposed to search the patent office and pay license fees to inventors, but none do. They just wait to get sued.