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Alpha Modus Escalates AI-Retail Enforcement Campaign as New Lawsuit Advances Plan to Dominate AI-for-Retail
Globenewswire· 2025-11-14 12:20
Core Viewpoint - Alpha Modus, Corp. has filed a patent infringement lawsuit against AtliQ Technologies, asserting that AtliQ's AI-powered retail systems infringe on four U.S. patents related to Alpha Modus's technology [1][2]. Patent Infringement Details - The lawsuit claims infringement of U.S. patents Nos. 10,360,571, 10,977,672, 11,042,890, and 12,039,550, which are central to Alpha Modus's ecosystem [2]. - AtliQ's systems, including smart shelf management and retail analytics, utilize methods that are claimed to be patented by Alpha Modus [2]. Company Strategy - The company views patent enforcement as a means to accelerate its business rather than a distraction, aiming to protect its AI-retail workflow and convert infringers into partners [3]. - Alpha Modus has previously engaged in similar enforcement actions against other retail-tech vendors, seeking to standardize licensing for its core retail AI workflow [3]. Company Overview - Alpha Modus, Corp. is a vertical AI company focused on enhancing real-time shopper engagement in physical retail environments through its patented framework [4]. - The company is actively commercializing its technologies across the nation, including through its subsidiary, Alpha Modus Financial Services [4].
BioLargo Files Federal Lawsuit Against Pooph Inc.
Accessnewswire· 2025-11-12 13:00
Core Viewpoint - BioLargo, Inc. has filed a lawsuit to protect its patented CupriDyne odor control technology against alleged infringement by Pooph Inc. and Ikigai Marketing Works LLC [1] Group 1: Lawsuit Details - The lawsuit was filed in the U.S. District Court for the Central District of California [1] - The case number for the lawsuit is 8:25-cv-02516 [1] - The defendants named in the lawsuit are Pooph Inc., a Nevada corporation, and Ikigai Marketing Works LLC, a Nevada limited liability company [1] Group 2: Allegations - The complaint includes allegations of fraud, false advertising, breach of contract, and patent infringement [1] - The lawsuit specifically targets the protection of BioLargo's CupriDyne odor control technology and its related products [1]
GoDaddy hit with $170 million patent verdict over web-design tech
Yahoo Finance· 2025-11-07 19:09
Core Viewpoint - GoDaddy has been ordered to pay $170 million for patent infringement related to website-building technology, as determined by a Delaware federal jury [1][2]. Group 1: Legal Proceedings - A jury found that GoDaddy's web-design tools infringe on two patents owned by Express Mobile [1]. - GoDaddy plans to contest the verdict in district court and potentially on appeal [2]. - Express Mobile's attorney described the verdict as a significant affirmation of the value of their patents [2]. Group 2: Company Background - Express Mobile, based in Novato, California, holds patents in internet and mobile technology, developed by founder Steven Rempell, a former IBM engineer [2]. - GoDaddy, located in Tempe, Arizona, has previously denied similar allegations and argued the patents in question are invalid [3]. Group 3: Related Legal History - In 2023, GoDaddy won a separate jury trial concerning related infringement claims from Express Mobile [3]. - Express Mobile previously secured a $40 million verdict against Shopify in 2022, although that verdict was later overturned by a federal judge [3].
Alpha Modus Files Patent-Infringement Lawsuit Against Adroit Worldwide Media (AWM) Over Cashierless and Smart-Shelf Technologies
Globenewswire· 2025-11-05 12:00
Core Viewpoint - Alpha Modus Holdings, Inc. has filed a federal patent-infringement lawsuit against Adroit Worldwide Media, Inc. for unauthorized use of its patented retail-intelligence and cashierless-checkout technologies [1][2]. Group 1: Patent Infringement Details - The lawsuit claims infringement of four U.S. patents related to real-time inventory management, personalized shopper engagement, and automated checkout experiences [2]. - Alpha Modus alleges that AWM's products, including AWM Frictionless and Smart Shelf, utilize its patented methods without authorization [2][3]. Group 2: Legal Actions and Objectives - The complaint seeks damages, enhanced penalties for willful infringement, and a permanent injunction against further violations by AWM [3]. - Alpha Modus emphasizes the importance of its intellectual property (IP) in the retail AI sector and aims to protect shareholder value through decisive legal actions [4]. Group 3: Strategic Enforcement - This lawsuit is part of a broader strategy by Alpha Modus to enforce its patents and strengthen its monetization pipeline [5]. - The company’s patent portfolio includes technologies that enhance in-store analytics and customer engagement, bridging online and offline retail experiences [4][6].
Adeia(ADEA) - 2025 Q3 - Earnings Call Transcript
2025-11-03 23:00
Financial Data and Key Metrics Changes - The company reported third-quarter revenue of $87.3 million, which was in line with expectations, and non-Pay TV recurring revenue increased by 31% year over year [5][12] - Adjusted EBITDA for the third quarter was $50.7 million, reflecting an adjusted EBITDA margin of 58% [19] - Operating expenses were $37.1 million, a decrease of $3.5 million, or 9% from the prior quarter [17][18] Business Line Data and Key Metrics Changes - Non-Pay TV recurring revenue was up 81% since the company's separation, driven by new agreements in semiconductors, OTT, social media, and e-commerce [12][16] - The company closed two long-term license agreements during the third quarter, including a renewal with Altice and a new agreement with an e-commerce customer [11][17] Market Data and Key Metrics Changes - The company has signed four e-commerce customers since entering the market last year, indicating growth in this vertical [11] - The semiconductor business saw an increase in recurring revenue, attributed to the 3D NAND opportunity [30] Company Strategy and Development Direction - The company is focused on expanding beyond its core Pay TV business into new growth opportunities in semiconductors, OTT, social media, and e-commerce [12][16] - The company aims to deliver sustainable, long-term revenue growth and has adjusted its 2025 revenue guidance to a range of $360-$380 million due to litigation against AMD [21][23] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the strength of the patent portfolio and the value of innovations, particularly in light of ongoing litigation against AMD and Disney [9][10] - The company anticipates that opportunities not closed in 2025 will act as catalysts for growth in 2026 [22][23] Other Important Information - The company has paid down $312 million of its debt since separation and continues to focus on deleveraging its balance sheet [16][19] - The company has increased its patent portfolio from approximately 9,500 to over 13,000 patent assets, reflecting a growth of over 35% [13] Q&A Session Summary Question: Clarification on one-time catch-up fees and fourth-quarter revenue outlook - The recurring revenue in Q3 was modest at about $1 million, primarily from one new license agreement and one renewal [26] Question: Size and types of deals in the pipeline - The company expects recurring revenue to cross approximately $90 million in Q4, with strong foundations in both media and semiconductor sectors [27][28] Question: Timeline and milestones for AMD litigation - The company anticipates the AMD cases going to trial in 2027, with significant patents involved [30][31] Question: Implications of AMD litigation on other semiconductor deals - The company is excited about the adoption cycle of hybrid bonding and sees potential growth in the semiconductor pipeline [37] Question: Operating expenses in relation to expected revenue growth - The company plans to invest modestly in the business while maintaining a tight lid on spending [39]
Apple Asks Judge to Dismiss Fintiv's Racketeering Lawsuit Focused on Apple Pay
PYMNTS.com· 2025-10-28 21:59
Core Points - Apple has requested a judge to dismiss a racketeering lawsuit filed by Fintiv, which alleges that Apple stole technology to create Apple Pay and engaged in racketeering by generating fees for credit card issuers [1][2] - Fintiv claims that Apple posed as a potential partner to gain access to its mobile wallet technology, leading to the alleged theft of trade secrets and technology [4][5] Legal Proceedings - Apple argues that Fintiv delayed pursuing most of its claims and failed to demonstrate a pattern of racketeering [2] - If the case is not dismissed, Apple has requested that it be transferred to a Texas judge who is already familiar with a related patent case involving Fintiv [3] - Fintiv's previous patent case against Apple was dismissed on August 4, and Fintiv is currently appealing that decision [3][6] Background Information - Fintiv's predecessor, Mozido, established a phone-based payment remittance business with Western Union and RadioShack in 2008 [4] - The lawsuit filed by Fintiv in August accuses Apple of racketeering and theft of trade secrets related to the technology powering Apple Pay [4] - The complaint alleges that Apple engineers attended technical sessions under nondisclosure agreements and subsequently hired key personnel from Fintiv's predecessor, incorporating their technology into Apple Pay's launch in 2014 [5]
Court of Appeals for Federal Circuit Grants ParkerVision's Motion to Expedite Appeal in Qualcomm Patent Case
Accessnewswire· 2025-10-23 11:30
Core Points - ParkerVision, Inc. has received approval from the United States Court of Appeals for the Federal Circuit to expedite its appeal in the patent-infringement case against Qualcomm Incorporated and Qualcomm Atheros, Inc. [1] - The court has set specific deadlines for the submission of briefs: ParkerVision's opening brief is due by December 1, 2025, Qualcomm's response brief by January 16, 2026, and ParkerVision's reply brief by February 6, 2026 [1] - Oral arguments will be scheduled for the next available session after the completion of the briefing process [1]
Alpha Modus Files Patent Infringement Lawsuit Against Lowe's for Unauthorized Use of AI Retail Technology
Globenewswire· 2025-10-14 13:49
Core Viewpoint - Alpha Modus, Corp. has filed a patent infringement lawsuit against Lowe's Companies, Inc. and Lowe's Home Centers, LLC, asserting six U.S. patents related to AI-driven retail technologies [1][3]. Patent Infringement Details - The lawsuit claims infringement of six patents covering technologies for real-time inventory management, customer assistance, personalized in-store advertising, dynamic store layout optimization, and behavioral data-driven retail engagement [3][5]. - The accused Lowe's systems include Dwell heat-mapping platform, Axis/Genetec camera network, Store Digital Twin, One Roof Media Network, Mylow Companion AI application, and Innovation Labs initiatives, which utilize real-time behavioral and visual analytics [4][6]. Technology Overview - The asserted patents protect methods for: - Using image recognition and behavioral data for dynamic inventory and pricing management [5]. - Delivering real-time personalized promotions based on shopper sentiment [5]. - Generating optimized store layouts from traffic and dwell-time analytics [5]. - Integrating AI-driven personalization engines linking in-store behavior with digital marketing [6]. Company Background - Alpha Modus Holdings, Inc. develops and licenses patented AI technologies that enhance physical retail performance through behavioral analytics and real-time computer vision [7].
Netlist Files Legal Action Against Samsung in the U.S. International Trade Commission
Accessnewswire· 2025-09-30 12:00
Core Viewpoint - Netlist, Inc. has initiated legal proceedings against Samsung, Google, and Super Micro at the U.S. International Trade Commission (ITC) for patent infringement, seeking exclusion and cease and desist orders [1][2]. Group 1: Legal Action Details - The legal action involves six patents owned by Netlist, specifically U.S. Patent Nos. 12,737,366, 10,025,731, 10,268,608, 10,217,523, 9,824,035, and 12,308,087, which pertain to various memory products including DDR5 memory modules and high-bandwidth memory [2]. - The ITC is an independent agency that investigates unfair acts in import trade that violate U.S. intellectual property rights, with investigations typically progressing to trial within a year [3]. Group 2: Company Background - Netlist is recognized as a leading innovator in advanced memory and storage solutions, with a strong portfolio of patented technologies that are foundational to AI computing advancements [4].
Align Technology files ITC complaint against Angelalign over patent-infringing NASDAQ:ALGN
Seeking Alpha· 2025-09-23 21:52
Core Viewpoint - The article emphasizes the importance of enabling Javascript and cookies in browsers to ensure proper functionality and access to content [1] Group 1 - The article suggests that users may face access issues if they have an ad-blocker enabled [1] - It highlights the need to disable ad-blockers and refresh the page for a better experience [1]