| Apple settles iPhone lawsuit Cisco will share its trademark name ...
Apple Inc. settled a dispute Wednesday with neighboring Silicon Valley giant Cisco Systems Inc., enabling Apple to use the iPhone name for its hotly anticipated cell phone. Terms of the deal were not announced. However, in a joint statement, the companies said, "Cisco and Apple will explore opportunities for interoperability in the areas of security, and consumer and enterprise communications." A Cisco spokesman said the company would not comment beyond the release. An Apple spokeswoman did not immediately return phone calls. Both companies will produce iPhones. Apple's iPhone, due in June, will combine features of a cell phone, a video iPod and an Internet device and cost $499 to $599. Cisco's iPhones, available now, cost $79 to $369 as either cordless or cell phones using Internet phone technology.
GPS Industries (GPSN) Forecasts 'Dramatic' Revenue Surge in WallSt ...
NEW YORK, March 12 /PRNewswire/ -- On March 8, Steven Barrett, Chief Marketing Officer for GPS Industries, Inc. (BULLETIN BOARD: GPSN) alerted the investment community to an anticipated surge in revenues for the Company in an exclusive interview with http://www.wallst.net/. Mr. Barrett confirmed that the Company expects sales for the first two quarters of 2007 to exceed the Company's revenues for all of 2006. "We are on track not only for record revenue performance, but dramatic increases in revenue," Barrett said. Mr. Barrett also affirmed earlier guidance to achieve positive cash flow by the end of the 2007 fiscal year. Other topics covered in the interview include the Company's target markets, intellectual property, equity partners, current capitalization, and upcoming strategic and financial milestones.
Air of Despair Permeates Music Social Nets
Tim Westergren, co-founder of Oakland, Calif.-based Pandora Networks is normally a cheerful fellow. His happy-go-lucky demeanor fits right in with his musical roots. Lately, his brow is wrinkled in worry, as he ponders over the decision by the U.S. Copyright Royalty Board (CRB) to raise the royalty rates for webcasting music on the Internet. According to some estimates, the performance royalties paid out by Internet streaming services could top $2.3 billion a year, four times the $550 million 14,000 terrestrial radio will pay in royalties. No surprise, the decision (pdf) has since then become a source of worry for start-ups that are combining Music and Social Networking features. While they are not ready to throw in the towel just yet, they are contemplating radical actions. "It's a burgeoning business but there are already unfair prejudices against us compared to terrestrial radio–we pay more than them," says Martin Stiksel, co-founder of London-based Last.fm that has raised millions in venture capital from Index Ventures and well known angels such as Reid Hoffman and Marc Andreessen.
BRIEF TRIPS COUNCIL GIVES WAY TO INFORMALS
A brief session of the WTO Trade Related Aspects of Intellectual Property Rights (TRIPS) Council last week focused primarily on the relationship between the TRIPS Agreement and the Convention on Biological Diversity, and on enforcement. Members adjourned early, with informal talks to continue on issues including geographical indications. The 13 February TRIPS Council followed informal consultations on how to proceed on some intellectual property rights issues (see BRIDGES Weekly, 14 February 2007). The Council confirmed Nigerian Ambassador Yonov Frederick Agah as its new chair. Members inch forward on disclosure The need for implementing effective international measures to prevent the 'theft' of genetic resources and associated traditional knowledge -- often referred to as 'biopiracy' -- has been a matter of concern for many Members, particularly some developing countries.
NFL marketers want 'Big Game' trademark Cal, Stanford fight to ...
The National Football League is so popular, it can get away with applying Roman numerals to its championship game. It is a corporate colossus that vigilantly protects its trademarked terms, like the words "Super Bowl,'' "Super Sunday," "NFL'' and the names of teams. Each year it sends out cease-and-desist letters to businesses and advertising firms demanding that such terms not be used for commercial purposes. But now the NFL is pushing into Cal and Stanford territory. The NFL wants to trademark the phrase "The Big Game." The league quietly began the process a year ago in an attempt to undermine companies that engage in so-called ambush marketing of the Super Bowl -- that is, efforts by unlicensed companies to leverage the hype surrounding the game for commercial promotions.
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