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Patents

Open Invention Network Grows Despite Patent Troll Death Knell 16

Posted by samzenpus
from the protection-of-the-herd dept.
snydeq writes Membership in the Open Invention Network, a software community set up to protect Linux against patent aggressors, has grown dramatically in the past year just as the tide seems to be turning on patent trolls. "Why all this interest in OIN? It offers little protection against nonpracticing entities — patent trolls who are organizationally small companies, even if the threat they pose is expensive and large. But it does offer protection against an equally insidious threat: big trolls," writes Simon Phipps. "The big corporations show up with their giant patent portfolios, threatening legal doom if royalties aren't paid. Attaching royalties to product or service delivery is a serious issue for companies, reducing margins long-term — especially in business models where the monetization is separated from the product. But OIN neutralizes that strategy for those building with open source, as the big corporations in the network both license their patent portfolios in and commit not to litigate against the open source software in the Linux System Definition. The bigger it gets, the better it protects."

Comment: Re:Outsourced (Score 4, Insightful) 192

by Rhinobird (#41593223) Attached to: Post Mortem of GunnAllen IT Meltdown

Eventually the people in charge are going to realize that any kind of financial institution is basically a database on the internet that holds and exchanges account information. And then they're going to turn ghostly white as they realize all these strangers are touching the equipment that, in a very real sense, IS the bank, er, financial whatever...or worse, those strangers OWN the equipment that IS the financial gobstopper.

And then, at least in finance, outsourcing IT will be seen as a form of insanity.

"They that can give up essential liberty to obtain a little temporary saftey deserve neither liberty not saftey." -- Benjamin Franklin, 1759

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