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Patent & IP

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Incorporate. The Twitter "Patent Hack" Yesterday Twitter announced that they plan to amend the assignments agreements that they sign with their employees.

The Twitter "Patent Hack"

They call this proposed amendment the Innovator's Patent Agreement. I've been aware of this effort inside of Twitter for a while and I like to call this move the "Twitter Patent Hack" because I think what they have done is very clever and is likely to have a material change in the way patents are used to foster and/or hinder innovation, as the case may be. Twitter: It’s time for patent trolls to bear the costs of frivolous lawsuits. Twitter is an engineering company, and engineers like to innovate. Twitter is also well known, and, as a result, we receive patent threats and lawsuits from time to time. Many of these are baseless, and our policy is to fight them with all our might. In fact, we have never agreed to pay to settle a patent suit. Still, even meritless lawsuits cost us money in attorney fees, and force our engineers to spend time with lawyers rather than improving our product.

For example, we recently won a case regarding U.S. Twitter Gambles on a Patent Plan.