Call 855-808-4530 or email [email protected] to receive your discount on a new subscription.
Technology and business magazines can't stop extolling the benefits the "metaverse" will bring once it changes commerce, technology, art and everything else defining our daily lives. Companies are investing billions of dollars hoping to construct the next-generation, mass populace, interactive platform and it is hard to ignore. All of the major tech firms have put their hats in the race and inspired a wave of startups prospecting for acquisition gold in the process. The future is only redesigned every so often, so it is worth asking, what will this new technology look like, and how can pioneers protect their user-facing innovations that will define this emerging space? Design patents are the answer.
Augmented reality/virtual reality (AR/VR) technology creates the immersive virtual worlds of the metaverse by using a collection of interconnected technologies. AR/VR technology forms the front-end, user interface components of the metaverse. Headsets and hard drives. Animations and avatars. Millions of engineers and designers around the world pour their skills, training and creativity into building the hardware and software of the metaverse. Seamless interoperability goes hand-in-hand with stunning user experience as creators spend their days designing virtual worlds hoping to stand out from the crowd. A good product in the virtual space intertwines visual appeal with reliable functionality. Back-end efficiency is not enough. AR/VR technology is expected to provide an experience that captivates the user with immersion and beauty.
Accordingly, when it comes to protecting these product development investments, many parts of AR/VR technology do not squarely fit into traditional intellectual property silos. Sure, trademarks can cover aspects of user facing features, which may include some shapes or images. But trademarks must serve as a source identifier with their rights tied to use. Utility patents, another valuable tool, do not have this issue. They can last for 20 years regardless of whether the owner commercializes or not. However, software-oriented utility patents have increased in costs and uncertainty as patent eligibility guidelines remain in flux. Utility patents are further limited in their ability to protect aesthetic non-functional features. For technologies like the metaverse where visual or ornamental features will be prevalent, utility patents can fall short.
ENJOY UNLIMITED ACCESS TO THE SINGLE SOURCE OF OBJECTIVE LEGAL ANALYSIS, PRACTICAL INSIGHTS, AND NEWS IN ENTERTAINMENT LAW.
Already a have an account? Sign In Now Log In Now
For enterprise-wide or corporate acess, please contact Customer Service at [email protected] or 877-256-2473
In a profession where confidentiality is paramount, failing to address AI security concerns could have disastrous consequences. It is vital that law firms and those in related industries ask the right questions about AI security to protect their clients and their reputation.
During the COVID-19 pandemic, some tenants were able to negotiate termination agreements with their landlords. But even though a landlord may agree to terminate a lease to regain control of a defaulting tenant's space without costly and lengthy litigation, typically a defaulting tenant that otherwise has no contractual right to terminate its lease will be in a much weaker bargaining position with respect to the conditions for termination.
The International Trade Commission is empowered to block the importation into the United States of products that infringe U.S. intellectual property rights, In the past, the ITC generally instituted investigations without questioning the importation allegations in the complaint, however in several recent cases, the ITC declined to institute an investigation as to certain proposed respondents due to inadequate pleading of importation.
Practical strategies to explore doing business with friends and social contacts in a way that respects relationships and maximizes opportunities.
As the relationship between in-house and outside counsel continues to evolve, lawyers must continue to foster a client-first mindset, offer business-focused solutions, and embrace technology that helps deliver work faster and more efficiently.