Intellectual Ventures owns a huge portfolio of patents. Quite possibly they also have some sort of patent that covers streaming music over the internet. Intellectual Ventures makes money through a sort of protection racket that helps Spotify defend themselves against companies like PacketVideo. For a considerable fee, a company can access Intellectual Venture’s storehouse of patents and use them defensively against companies claiming patent infringement. [Source]
An interesting read in the online version of The Economist regarding the hazards of patent law and it’s effect of stifling economic growth in the United States. Patents make sense to cover actually concrete concepts, and while I am for intellectual property rights for artists, IP law is getting out of hand. “Patents Against Prosperity” [via The Economist]
Much more information, and an intriguing video from Haiti regarding a similar issue available beneath the fold.
-Editor’s Note-
I have also decided to share a new article via eWeek citing similar issues beginning to affect the mobile phone industry showing similar issues affecting that sector’s development as well.



Excitement today for Atlanta’s food-truck fans as this evening brings the opening of the newly formed 


I am not much of an alcohol drinker, but interesting behaviors always get my attention… specifically why