James Altucher is covering his tracks....remember this from james altuchers original article.....all about treble damages and willful infringement.....he talked to ken lang before he wrote that article.....he added triple damages and willful to his article after he spoke with Ken Lang....now he tells people willful and treble damages are no big deal and were never in the lawsuit....if you dont see this guy is full of shit I cant help you.
James Altucer replying to a poster.
I don't read too much into the willfulness thing because Vringo's complaint from the beginning never included it."
James Altucher original article totally contradicts what he just told you...wow did someone just catch this guy in a huge lie.
The company sues Google for a big percentage of those $67 billion in revenues plus future revenues. The claim: Google has willfully infringed on Vringo – I/P’s patents
Think: “willfully”. Why should you think that? Two reasons. Overture already sued Google. Google is aware of Yahoo/Overture’s patent history. The patent history officially stated that Ken Lang/Lycos already has patented some of this technology. What does “willfully” mean in legal terms? Triple damages.
The company sues Google for a big percentage of those $67 billion in revenues plus future revenues. The claim: Google has willfully infringed on Vringo – I/P’s patents for sorting ads based on click-throughs. I remember almost 20 years ago when Ken was working on the software. “Useless!” I thought then. Their claim: $67 billion of Google’s revenues come from this patent. All of Google’s revenues going forward come from this patent. And every search engine which uses Google is allegedly infringing on the Vringo patent and is being sued.
Think: Interactive Corp (Nasdaq: IACI) with Ask.com. Think AOL. Think Target which internally uses Google’s technologies. Think Gannett, which uses Google’s technology and is also being sued. Think, eventually, thousands of Google’s customers who use AdSense.
Think: “willfully”. Why should you think that? Two reasons. Overture already sued Google. Google is aware of Yahoo/Overture’s patent history. The patent history officially stated that Ken Lang/Lycos already has patented some of this technology. What does “willfully” mean in legal terms? Triple damages.
jim1234 Saturday, October 20, 2012 7:17:45 PM
Re: LOL post# 11402 Post # of 11407
I bounced Willful Infringement off of James Altutcher and he felt
James Altucher
"I think they tried to make it as simple as possible to win the case. Willfulness is hard to prove, particularly if you are not making a search engine yourself.
What seems to me is happening is this: the judge is moving Google's numbers higher and Vringo's numbers lower so that it becomes very easy for them to reach a settlement. I don't read too much into the willfulness thing because Vringo's complaint from the beginning never included it."
Well there was no settlement and this is now in Court
