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NewEgg loses patent case


schoondoggy
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Skimming it, it looks like yet another patent troll case. 

 

Specifically, it would appear to involve how typical online shopping carts work (namely the encryption process for the data, over SSL).

 

 

But basically, it appears that patenting ideas, then waiting for somebody else to make a bunch of money and then suing them over it is a viable business strategy. Instead of you know, creating a product and SELLING it to companies like Newegg. But then again, when you consider the initial investment (next to nothing) compared to the normal investment.... it's a sound business strategy apparently. If not slimy.


And if you don't think this guy is a patent troll... he's been doing this crap since at least 2009.

http://www.good.is/posts/the-patent-troll

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