Andrea Electronics (ANDR)

[Frosty Foster]

So Fortress Investments (aka Softbank) is backed by Apple and Qualcomm at the same time they are suing Apple for patent infringement??? Hhhmmm... I wonder how that all works out? Can't imagine that Apple is happy with that conflict... i guess it will just work itself out...

SoftBank is a company dedicated, in part, to financing and supporting the information revolution — which includes its ownership stake in U.S. telecom giant Sprint, along with major stakes in Alibaba and Uber and a host of other new economy firms. Its Vision Fund — backed by such tech heavyweights as Apple and Qualcomm — is a driving force in providing financial backing for innovative technologies, many of which are still in the incubation stage,

Patent Troll Fund
In May, Fortress announced it was raising $400 million for a fund that would pursue legal remedies for the violation of intellectual property (IP). The goal of the fund is to curtail IP violations by both purchasing the patent portfolios of companies and lending money to those that are protecting their own patent portfolios.

link to article
https://gazetteday.com/2019/01/fortress-investment-group-2018/