intellectual property News

Alcon to Pay Johnson & Johnson $199M to Settle Eye-Laser Cases

Alcon Vision LLC will pay Johnson & Johnson’s J&J Surgical Vision Inc $199 million to settle legal battles over intellectual property related to the companies’ laser eye-surgery devices, Alcon said in a press release on Sunday. Alcon said the one-time …

FBI Chief Says China Trying to ‘Ransack’ Western Businesses

FBI Director Christopher Wray warned Western companies that China aims to “ransack” their intellectual property so it can eventually dominate key industries, escalating a dispute between the world’s two largest economies over hacking. The Asian nation’s spies were snooping on …

Appian Wins $2.04 Billion Verdict Against Pegasystems in Trade Secrets Claim

Appian Corp. shares soared and Pegasystems Inc. shares tumbled on Tuesday after a Virginia jury ordered Pegasystems to pay its software rival $2.04 billion in damages for misappropriating trade secrets. The damages award issued on Monday by the Fairfax County …

Marilyn Monroe Is Still a Counterfeiter’s Best Friend

Nearly six decades after her death, Marilyn Monroe is still a popular choice for mugs, T-shirts, jewelry and other products using her name — even illegally. Authentic Brands Group LLC, which owns the rights to the late movie star’s name …

U.S. Accuses Chinese Nationals of Hacking Spree Targeting COVID Data, Defense Secrets

WASHINGTON — The U.S. Justice Department indicted two Chinese nationals for hacking defense contractors, COVID researchers, and other companies worldwide, according to a court filing published on Tuesday. U.S. authorities said the Chinese nationals, Li Xiaoyu and Dong Jiazhi, participated …

FBI Official: Number of Coronavirus Cyber Complaints on Rise

WASHINGTON — Cybercriminals are taking advantage of the pandemic, including hackers who target hospitals and medical research institutions that are studying the coronavirus, the head of the FBI’s cyber division said Tuesday. The FBI has received thousands of complaints regarding …

FBI Official Says Foreign Hackers Have Targeted COVID-19 Research

A senior cybersecurity official with the Federal Bureau of Investigation said on Thursday that foreign government hackers have broken into companies conducting research into treatments for COVID-19, the respiratory illness caused by the coronavirus. FBI Deputy Assistant Director Tonya Ugoretz …

Iran’s Cyber Attack on Billionaire Adelson Provides Lesson on Strategy

As the U.S. awaits possible retribution over a recent airstrike that killed a top general, there’s at least one American businessman who can attest, in detail, to what happened after he provoked Iran. In October 2013, Sheldon Adelson, the casino …

Misuse of Alphabet’s Virus Scanner is Exposing Sensitive Files

Companies are misusing Alphabet Inc.’s virus scanner and similar products, and are unwittingly leaking data such as factory blueprints to intellectual property online, Israeli cybersecurity company Otorio Ltd. said. The firm said it discovered thousands of unprotected files from companies …

Songwriters and Record Companies Seek New Standard for Copyright Infringement Claims

Willie Nelson has famously said a country song is “three chords and the truth.” It might not be so simple anymore. A flood of lawsuits is threatening to upend that concept, making trivial similarities in songs the basis for a …