View photosMoreFounder and Executive Chairman of Alibaba Group Jack Ma meets Facebook founder and CEO Mark Zuckerberg not pictured , at the China Development Forum in Beijing, China, March 19, 2016.REUTERS/Shu Zhang Reuters - China's Jack Ma is canceling a planned speech at an anti-counterfeiting conference after the trade group behind it suspended the membership of his e-commerce giant Alibaba Group Holding Ltd, the company said on its news website on Tuesday.Alibaba Group President Michael Evans will represent the company at the conference instead, according to the report on the Alizila website.Alibaba has been accused by several brands, including Gucci and Yves Saint Laurent, of being a conduit for counterfeiters.Alibaba said on Alizila that it remains firmly committed to the protection of intellectual property rights and combating counterfeit."We look forward to engaging with the IACC membership on IP enforcement issues on May 19th in Orlando, Florida," it said.
Alibaba s membership of the International Anti-Counterfeit Coalition has been suspended, following accusations of conflicts of interest and complaints from other member brands.In response to its suspension by the IACC, Alibaba said on Wednesday that they will still work to crack down on counterfeit goods and work to protect intellectual property rights.In a statement over Weibo on Wednesday, Alibaba said that neither the open letter by the IACC, nor the withdrawal of several IACC members in protest of e-commerce companies like Alibaba will shake their determination to fight fakes.The IACC is the world s largest nonprofit anti-counterfeit organization, founded in 1979.It admitted Alibaba into the body on April 13, but several luxury brands, including Gucci and Michael Kors, withdrew their membership shortly after, saying Alibaba has not done enough to rid their e-commerce platforms of fakes.Alibaba said that they have been in cooperation with organizations, government agencies and IACC member companies to protect intellectual property rights.Alibaba stressed its role in fighting against counterfeit products, saying that it meant to bring benefits to other member companies in joining the IACC , and that it is to the detriment of the e-commerce industry that the IACC suspended Alibaba s membership.Alibaba appealed in a statement that the IACC should welcome new trends and technologies with an open mind for the overall interest of its member companies, in spite of the anti-counterfeit body s internal political struggles, and competing interests of individual firms .On May 13, the IACC released an open letter in response to an anonymous letter that claimed that President Bob Barchiesi owned shares in Alibaba.IACC then decided to suspend the membership of Alibaba.Alibaba has been long criticized for the merchants selling counterfeit products on its e-commerce platforms.According to a random inspection by the State Administration for Industry and Commerce, for the second half of 2014, 62.75% of the products on Alibaba s e-commerce platform Taobao were counterfeits.Alibaba loses up to five users for each fake product sold on our trading platforms, the founder of Alibaba Jack Ma said to the media in October 2015.
Microsoft has announced that it s selling its feature phone business for $350 million in a group deal to FIH Mobile, a subsidiary of Chinese hardware manufacturer Foxconn, which manufactures iPhones for Apple, and a newly formed company called HMD Global.The transaction is expected to be finalized in the second half of this year.The new firm plans to invest more than $500 million over the next three years to market its mobile products worldwide.Hopefully, its launch with HMD will see its products in stores across the globe soon.The sale will not affect Microsoft s Windows-based mobile operations.Nokia signs strategic brand and intellectual property licensing agreement enabling HMD global to create new generation of Nokia-branded mobile phones and tablets on NokiaRead next: 3 creative ways to monetize your Instagram following
Nokia announced on Wednesday that it had signed a strategic trademark and patent license agreement, which provides for the Finnish global HMD for the right to use the Nokia brand in the manufacture of mobile phones and tablets. Nokia tune its balance sheet more productive use of intellectual property. The main risk is the partner choice, because the final product must meet the promise of the Nokia brand. Nokia gives HMD for the mark and the mobiiliessentiaalipatenttilisenssien the right to use the royalties, but Nokia does not finance the company financially and does not own shares of the company, Nokia's release states. FIH Mobile Limited announced Wednesday it will acquire the rest of Microsoft's basic phone business, including equipment manufacturing, sales and distribution. According to Nokia, the HMD is planning to invest over 500 million US dollars over the next three years worldwide marketing of mobile phones and tablets sold in Nokia's trademark: This would be to finance the company's investors and acquired the basic phone business income allows.
The Nokia brand is set to return to smartphones, two years after the Finnish company sold its flagship handset business and walked away defeated by Apple Inc. and Samsung Electronics Co.Nokia Oyj said Wednesday it will license its brand to a Helsinki-based company run by former Nokia managers, HMD Global Oy, which plans investments topping $500 million to bring mobile phones and tablets to the market.FIH Mobile Ltd., part of Foxconn Technology Group, will help to build the devices.HMD will be in charge of designing, making and selling the devices, said Ramzi Haidamus, president of Nokia s IP-licensing business.If things don t live up to expectations, the company isn t saddled with enormous inventory and expense still on the books, said Ramon Llamas, an analyst at IDC.Nokia and HMD will be trying to crack a tough market with Samsung, Apple and Huawei Technologies Co. dominating smartphone sales with about half of the total 334 million high-end phones shipped in the first quarter, according to data from researcher IDC.Royal Philips Electronics NV sold its television business to TPV Technology, which kept the Dutch company s name on its sets.For Finns, the deal may restore some national pride in the country s best-known company.The sale of the business, less than three years after then-Chief Executive Officer Stephen Elop joined Nokia from Microsoft, prompted Ilta-Sanomat, Finland s biggest tabloid, to called him a Trojan Horse who assisted Microsoft all along.HMD is now acquiring the rights for the next decade.Nokia more recently has been getting most of its revenue from wireless network equipment and related software and services.
Nokia announced on Wednesday that it had signed a strategic trademark and patent license agreement, which provides for the Finnish global HMD for the right to use the Nokia brand in the manufacture of mobile phones and tablets. Nokia tune its balance sheet more productive use of intellectual property. The main risk is the partner choice, because the final product must meet the promise of the Nokia brand. Nokia gives HMD for the mark and the mobiiliessentiaalipatenttilisenssien the right to use the royalties, but Nokia does not finance the company financially and does not own shares of the company, Nokia's release states. FIH Mobile Limited announced Wednesday it will acquire the rest of Microsoft's basic phone business, including equipment manufacturing, sales and distribution. According to Nokia, the HMD is planning to invest over 500 million US dollars over the next three years worldwide marketing of mobile phones and tablets sold in Nokia's trademark: This would be to finance the company's investors and acquired the basic phone business income allows.
The Finnish company has reentered the mobile phone and tablet markets on a global basis, now that Microsoft's control of its name has ended.The Nokia brand and its intellectual property will be licensed to HMD Global, a newly created Finnish company which will develop, produce and sell a range of Android smartphones and tablets.The new company intends to invest over $500m £345m over the next three years to support the global marketing of Nokia-branded phones and tablets.An exciting new chapterRamzi Haidamus, president of Nokia Technologies, said in a statement on 18 May: "Today marks the beginning of an exciting new chapter for the Nokia brand in an industry where Nokia remains a truly iconic name.Nummela says HMD will be "completely focused" in creating a "unified range of Nokia-branded mobile phones and tablets, which we know will resonate with consumers...our business model is centred on the unique asset of the Nokia brand and our extensive experience in sales and marketing."Nokia recently announced plans to buy Withings, the smartwatch and smart bathroom scale maker, and is currently producing the Ozo, a £43,000 camera rig which can shoot 360-degree video and audio, intended for virtual reality film making.
Valentina PalladinoFitbit devices are known for being easy-to-use, fitness-first products, but now the company that makes them may be planning to tack on extra features.Fitbit released a statement today announcing that it has acquired "wearable payment assets" from the Silicon Valley company Coin.Existing Coin users will be able to use their devices for the duration of their "lifetime"; the card itself can last two years without any recharging.One of the biggest differences between standalone fitness trackers and all-purpose smartwatches is mobile payment support: the Apple Watch has Apple Pay, and Google has Android Pay for its smartphones while Android Wear users eagerly await its inclusion on their wearable devices.Jawbone was the first big fitness tracker company to integrate mobile payments into its Up4 wristband, but that feature is in partnership with American Express, so only AmEx cardmembers can use it.Earlier this year, MasterCard and Coin announced a partnership to bring mobile payments to a bunch of fitness-related wearables, including the Atlas wristband, but there's no word on whether that plan will continue now that Fitbit essentially owns that technology.
News: CBR looks at the meanings of this broadly used term.The term 'hacking' is used very broadly, but in general is used to refer to seeking and exploiting weaknesses to networks and databases.There are many types of hacking, including cyber crime, ethical hacking, hacktivism, and state-sponsored hacking.For example, the much-publicised Ashley Madison attack was carried out by the Impact Team, who claimed moral motives.They released a limited amount of data shortly after the hack was made public, threatening to release all of the data if the site was not shut down.There is some controversy around the usage of the term hacking, since many people in the IT industry use the term 'hacker' to refer simply to somebody with a good knowledge of computer systems.
AP ImagesJohn McAfee, anti-virus software founder, current presidential candidate, and one-time murder suspect, recently announced his involvement with a company called MGT Capital Investments.Hmmm.But it s still much more valuable than it was a few weeks ago.Google FinanceAccording to a press release last week, McAfee joined MGT as Executive Chairman and Chief Executive Officer.By 2012, it had switched to acquiring intellectual property for online gaming platforms, and now is focused on acquiring, developing and monetizing intellectual property assets.And according to Michael Antonelli, an institutional equity sales trader, the stock surge shows how a press release can have drastic effects on a share price—even if it doesn t last long.
It would be good to promote Finnish design, maybe it could be nice thing.Nokia emerged in the late 1990s as Finland s first major global corporation and symbolized the country s transformation to a technology-driven economy.No other global handset maker has fallen from the top and managed a successful rebirth.Nokia might also find opportunities in Europe, where it s one of the only home-grown brands that managed to challenge U.S. and Asian giants, he said.Nokia won t have a financial stake but is set to collect fees from brand licensing and intellectual property.Chinese brands like Huawei have shown that it s possible to challenge the leaders despite a late entry into the smartphone business.Kari Lehtonen, a 52-year-old sales representative who only owned Nokia devices until 2006 and now has an iPhone, illustrates the challenge.
The short version: Nintendo will soon involve a supervisory committee in making top-level executive decisions.Meanwhile, a Nintendo-themed restaurant seems like a simple-enough expansion for a company that already operates physical businesses such as the Nintendo Store—though, clearly, we'd love to see an official Nintendo diner—and a pun-filled menu.The choice of adding "computer software" to that list, on the other hand, seems particularly curious—especially since Nintendo's existing list of engaged businesses includes terms that sound very much like computer software, particularly the broad term of "contents such as games, images, and music."Is Nintendo planning to create and sell a phone-like system loaded with productivity apps?Rumors continue to swirl about what shape the Nintendo NX will eventually take, including statements from Nintendo executives indicating that the NX will serve as a successor to neither the Wii U nor the 3DS.Also worth noting: Nintendo's current engaged businesses include relatively dormant entries such as "office equipment and tools" and "sporting equipment," presumably from the Japanese company's hundred-plus years of existence along with its genesis as a playing-cards company .
View all…SAN FRANCISCO, Calif.—Lawyers for Oracle Corporation summoned a hostile witness to the stand today here in federal court, revealing what they surely hope will be a "smoking gun" e-mail in their copyright infringement case against Google."We couldn't call something Java if it wasn't Java," answered Mazzocchi.The point was made: Mazzocchi is just a guy with views that don't necessarily represent his colleagues at Apache, much less Google."Our whole business is based on the ideas and work that come out of programmers and employees heads and that they type into computer code," said Catz, speaking slowly and turning to look at the jury.As for the mobile licensing business, since the launch of Android, it has performed "very, very poorly," Catz said.Google presented its case first; it has the burden of proof since its defense is limited to "fair use."
Nokia tune its balance sheet more productive use of intellectual property. Brand leasing, timesharing does not require Nokia to little investment, but almost royalties flowing directly through income and ability to pay dividends. Jukka Oksaharju, Nordnet's share of strategic "Yes accord any importance in Nokia is. A good case of a license agreement to increase Nokia's business to some extent. Hannu Rauhala, OP analyst "These competitive market requires more than well-known brand. It will be difficult to shake, and offer something thrilling oikukkaille market.
View photosMoreLetters spell the word "Alphabet" as they are seen on a computer screen with a Google search page in this photo illustration taken in Paris, France, August 11, 2015.REUTERS/Pascal RossignolSAN FRANCISCO Reuters - Google did not pay to use Oracle's software in millions of smartphones, but the company believed that the intellectual property was free for anyone to use, Larry Page, chief executive of Google's parent company, told jurors in court on Thursday.A trial in 2012 ended in a deadlocked jury, and if the current jury rules against Google on fair use, then it would consider Oracle's request for $9 billion in damages.Oracle attorney Peter Bicks sharply questioned Page about the importance of Android to Google's business, pointing to documents noting billions of dollars in revenue, as well as earnings transcripts in which Page said 700,000 Android phones were "lit up" every day."No we didn't pay for the free and open things," Page said."I think we acted very responsibly and carefully around the intellectual property issues," Page said.
Nokia tune its balance sheet more productive use of intellectual property. Brand leasing, timesharing does not require Nokia to little investment, but almost royalties flowing directly through income and ability to pay dividends. Jukka Oksaharju, Nordnet's share of strategic "Yes accord any importance in Nokia is. A good case of a license agreement to increase Nokia's business to some extent. Hannu Rauhala, OP analyst "These competitive market requires more than well-known brand. It will be difficult to shake, and offer something thrilling oikukkaille market.
John McAfee, anti-virus software founder, current US presidential candidate, and one-time murder suspect, recently announced his involvement with a company called MGT Capital Investments.Hmmm.But it s still much more valuable than it was a few weeks ago.Google FinanceAccording to a press release last week, McAfee joined MGT as Executive Chairman and Chief Executive Officer.By 2012, it had switched to acquiring intellectual property for online gaming platforms, and now is focused on acquiring, developing and monetising intellectual property assets.And according to Michael Antonelli, an institutional equity sales trader, the stock surge shows how a press release can have drastic effects on a share price—even if it doesn t last long.
The European Union, locked in a tax battle with the likes of Apple Inc. and McDonald s Corp., laid down the law in its bid to rein in governments that woo multinationals with special fiscal deals allowing them to reduce their fiscal liability by booking profits abroad.The European Commission, which can ban unfair tax advantages conferred to companies, outlined measures cutting member states ability to make rulings that lower the tax burden of foreign businesses.Thursday s publication, which sets out how the regulator will police state aid, sends a warning shot to corporations shifting profits, insisting that such transactions between subsidiaries should be based on market prices.Any deviation from the best estimate of a market-based outcome must be limited and proportionate, the document states.This applies to situations where there aren t any good comparable transactions in the real world given that profit-shifting can involve remunerating hard-to-quantify intellectual property rights held in a low-taxation country.The EU already showed its resolve last year when it ordered Starbucks Corp. to pay as much as 30 million euros $33 million in back taxes.The commission said a Dutch unit paid millions of euros to a U.K.-based arm of the company that isn t taxed in Britain in exchange for a technique to roast coffee beans.Exaggerated tax-deductible royalty payments for this technique allowed Seattle-based Starbucks to unfairly lower its Dutch taxes, it said.The new rules beef up the regulator s powers to limit the type of deals it s probing in Ireland concerning Apple and Luxembourg s arrangements with companies such as Amazon.com Inc. and McDonald s.The iPhone maker s tax agreements with Ireland were criticized as unfair by EU regulators who said the deals were improperly designed to give Apple a financial boost in exchange for jobs in the country.The methods used to determine profit allocation to two Irish units result from a negotiation rather than a pricing methodology, the EU regulator said at the time.All the companies and countries targeted by the EU have denied they broke any rules, raising the prospect of protracted legal challenges.Multinationals should stick with the guidance provided by the Organisation for Economic Co-Operation and Development on the arm s length principle in order to determine how to allocate profits, according to the EU rules.The OECD s guidelines on the matter capture the international consensus on a principle which is meant to ensure that, for tax purposes, transactions between subsidiaries are based on prices an unrelated company would pay, according to the rules.The OECD says such profit shifting costs the world as much as $240 billion a year in lost revenue.
John McAfee, anti-virus software founder, current US presidential candidate, and one-time murder suspect, recently announced his involvement with a company called MGT Capital Investments.Hmmm.But it s still much more valuable than it was a few weeks ago.Google FinanceAccording to a press release last week, McAfee joined MGT as Executive Chairman and Chief Executive Officer.By 2012, it had switched to acquiring intellectual property for online gaming platforms, and now is focused on acquiring, developing and monetising intellectual property assets.And according to Michael Antonelli, an institutional equity sales trader, the stock surge shows how a press release can have drastic effects on a share price—even if it doesn t last long.
Blizzard s next big game is coming a little earlier than expected … depending on what continent you live on.The developer has revealed when the servers for its anticipated online shooter Overwatch will go live.When it becomes available, it ll be 4 p.m. Pacific and 7 p.m. Eastern on May 23.You can see what times it ll go live around the world in the image below.Overwatch drew almost 10 million players during its open beta.Now, you ll have to pay if you want to experience more of the game.Overwatch is Blizzard s first new intellectual property in decades.For years, the company has depended on Warcraft, StarCraft, and Diablo.If it s a success, Overwatch can give Blizzard another reliable franchise in its already impressive stable.
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