Intellectual Property - Man of the Match!

In setting up Fortune and Venture, I have now Trademarked the name Fortune and Venture in a specific category and it is now protected from others using it to sell other educational products and games. Patents had been considered and Copyright is in force. There has been a huge court case with Apple and Samsung over the infringement of Patents which resulted in a billion dollar payout.

I recently applied for various email addresses for my business and the one I wanted had been registered by someone who wanted $5000 for it. It is not been used, but simply being held to be sold on for a profit This is not new. A lot of money has and is being made out of people registering  domain names etc and then selling them for a profit. Enterprising and definitely a niche. But how far does it go?

In the news today it was revealed that an intellectual property company have trademarked the phrase Man of the Match. This meas that if it is used in a commercial sense i.e. the Man of the Match in this game or the Man of the Match award goes to. A royalty will have to be paid this company. Clever but should it have been allowed? Read the article and You decide.

Patent war

This is a great story for those studying Business Studies. Two massive companies (Samsung and Apple) going head to head due to patent infringements and licenses. The ruling could effect the companies and potentially our choices of handset in the future. This story is worth following and reading around. To all entrepreneurs and businesses, it is worth taking note of Intellectual Property and the like. Read here.