U.S. Supreme Court upholds legality of the Inter partes review process

To the chagrin of patent trolls and big pharma, in a ruling with widespread implications for high technology companies, including Apple and Samsung, U.S. Supreme Court justices in a 7-2 ruling upheld the IPR system. In a development with significant implications for tech companies, on Tuesday the U.S. Supreme Court approved of a government review…

Viacom Inc demands that CBS Corp raises its merger bid $2.8 billion

The demand which incidentally underscores the wide gap between Viacom’s price expectations and CBS Corp’s offer price indicates that both companies have made little progress in talks. The synergies however have potential since it would position the combined company to better leverage its asset swhile negotiating with U.S. cable and satellite companies. As per sources…

Silicon Valley proposes a more pragmatic approach to suitably modify China’s trade policies

Although tech companies are on the same page as the Trump Administration on it’s findings on the Section 301 investigation, it is of the view that the current strategy is not sustainable and results could be better achieved through an international coalition that challenges China at the World Trade Organization. On Monday, a trade group…

Fujifilm acquires 2 biotech businesses of Japan’s JXTG Holdings Inc for around $800 million

The deal sees Fujifilm spreading its revenue sources by investing in biotech firms involved in regenerative pharmaceuticals and medicine. The fate of its acquisition of Xerox is still uncertain as it faces strong headwinds from activist investors Carl Icahn and Darwin Deason. In efforts aimed at boosting its healthcare business, Fujifilm Holdings said it would…

Republican senators want Lockheed Martin to sell F-35 fighter jets to Taiwan

The potential sale could, to a large extent promote peace, stability and prosperity in the Indo-Pacific region while helping Lockheed Mart meet its 2018 sales target. In efforts aimed an ensuring that Taiwan “remain[s] a democracy” in the face of a Chinese aggression, two senior U.S. Republican senators have asked the Trump administration to allow…

U.S. Administration fires warning shot in trade action against theft of U.S. intellectual property by China

Although the U.S. action could result in a tit-for-tat trade war, its biggest impact would be the breakdown of supply chain of multinational giants, including Apple Inc and General Motors Co. The presidential memorandum signed by U.S. President Donald Trump, which targets up to $60 billion in Chinese goods, is the start of a long…