What is Patent Licensing? Licensing is a process where the owner of the product gives permission to another entity who can extract benefit from the licensed product. Same as that licensing a patent means the owner is giving access to…
When the iPhone 7 was unveiled and Apple confirmed that the headphone jack, an undying invention since the 19th century, wouldn’t be a feature anymore, the whole world went berserk. In the absence of a headphone jack, users were forced…
Microsoft Corp. and LG Electronics Inc. have announced in REDMOND, Washington. on Aug. 19, 2018 that they have entered into a patent cross-license agreement to further the development of the company’s current and future product lines. This agreement between Microsoft…
Every day, a number of products are being invented all over the world, some cascading over the improvement of existing inventions, and the others, portraying a unique set of methods and products unknown to man at large. Simultaneously, there is…