We want our $30B back, patent trolls (we’re looking at you, Nathan Myhrvold!)

Companies that create or acquire portfolios of patents but produce no products with them cost the US economy $29 billion last year.

At least, that’s what a study completed by James Bessen and Michael J. Meurer of Boston University recently …

Patent investor Nathan Myhrvold is okay with being unpopular, damn it

Intellectual Ventures founder and chief executive Nathan Myhrvold doesn’t need you to like him.

“I’m okay with not being popular. I never was a popular kid in my class, and I’m not a popular kid in this class,” he said, …

Clash of the titans! Infamous patent troll Intellectual Ventures sues AT&T, Sprint, T-Mobile

Intellectual Ventures is suing AT&T, Sprint and T-Mobile, accusing them of infringing on 14 separate patents. In a suit filed in U.S. District Court in Delaware today, Intellectual Ventures, a private company that has made a business of producing, collecting, …