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May 31, 2017

Get Your Ink Cartridges Refilled, Supreme Court Rules Not Illegal


Yesterday, the U.S. Supreme Court ruled in favor of consumers in a 7-to-1 decision on a printer ink case that has ramifications on how third-party companies can build businesses that service bigger companies’ product lines. It came down to the rights of a patent-holder after its product is sold — in this case, can printer-maker Lexmark stop a third-party company from refilling its ink cartridges. [Consumerist, SCOTUSBlog]

Looking for a landmark ruling on patent exhaustion, the patent community got just that in the Supreme Court’s decision this morning in Impression Products, Inc. v Lexmark International, Inc. The court has been deciding a steady diet of patent cases for much of the last decade and has been rejecting

Source: Opinion analysis: Federal Circuit loses again, as justices categorically reject enforcement of post-sale patent restrictions – SCOTUSblog

May 24, 2017

The Future Is Here and It’s Artificial Intelligence (AI)

“Go” is an actual game. And it’s really freaking hard, apparently.

Computers are better than most humans at playing chess. Now, they’re better at everything, including sex.

I’m assuming here…I’ve not yet had sex with a robot, unless you consider my ex-girlfriend. Then, yeah, I’ve had sex with one.

That’s 19-year-old world champion Ke Jie upon a recently losing a game of Go to Google’s AlphaGo robot. For those who grew up with checkers and chess, Go is an incredibly complex Chinese board game whose conquering by computers is seen as kind of a holy grail, and was not expected to be possible for […]

Source: “I believe the future belongs to AI”

April 28, 2017

Hacker Stole Over $100 Million from Google and Facebook

Hacker stole millions from Google and Facebook

Hacker stole $100 million from Facebook & Google

A lone hacker stole $100 million from Facebook and Google.

Last month, the US Department of Justice indicted a Lithuanian man for “orchestrating a fraudulent business email compromise scheme that induced two U.S.-based internet companies,” CNET reports.

At the time, the DOJ did not reveal what these companies are, but Fortune discovered they’re none other than Google and Facebook.

It seems the scheme the hacker used is pretty common:

Evaldas Rimasauskas, a 40-something man, came up with the scheme in 2013. He forged email addresses, invoices, and corporate stamps to impersonate a large Asian-based manufacturer that did business with these companies regularly.

Rimasauskas impersonated Quanta Computer, Fortune’s investigation revealed. Over two years, Rimasauskas convinced the accounting departments of both Facebook and Google to make transfers of over $100 million, which were then stashed in banks in Eastern Europe. The man says he didn’t do it.

It’s only “remarkable” because of its scale.

You’d think tech companies like Facebook and Google would know better.