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Originally Posted by oldschoolcalgary
there's an unfortunate new scam that's developed called "patent sitting"...where companies will patent ideas - even fairly vague ones - but never try to develop them...the idea is to simply wait until some does develop similar ideas and then sue them...
i think, correct me if i am wrong, this is what happened to RIM...
its the new cyber-squatting....
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There are a number of legal firms in the US that buy up failing software companies to get the patents. They then fold the actual software portion and earn all their money from licensing fees and lawsuits. Software patents are bad, especially in the case where the US Patent Office is swamped and can't give a full investigation.
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