Reddit Inc., the social media platform gearing up for an initial public offering this week, said Nokia Oyj has accused it of infringing some of their patents.
Lynn Doan
Tue, March 19, 2024 at 11:14 AM GMT·1 min read
(Bloomberg) -- Reddit Inc., the social media platform gearing up for an initial public offering this week, said Nokia Oyj has accused it of infringing some of their patents.
Nokia Technologies, the company’s licensing business, sent Reddit a letter on Monday with the claims, and Reddit is evaluating them, according to a filing made Tuesday. “As we face increasing competition and become increasingly high profile, the possibility of receiving more intellectual property claims against us grows,” Reddit said in the filing.
Nokia’s claims come as Reddit prepares for an initial public offering in an effort to raise hundreds of millions of dollars. The company has been working toward a listing for years, and its public market debut this week is set to become a high-profile addition to the year’s roster of newly and soon-to-be public companies.
Nokia is no stranger to patent fights. In February, the company reached a patent agreement with Chinese phone maker Vivo, ending a years-long dispute that dragged the two companies into court and forced Vivo to pull out of Germany. In 2021, Daimler and Nokia settled a dispute over the licensing of wireless technology patents in cars, ending a legal battle that had at one point threatened sales of the iconic Mercedes brand in its home country.
I tend to be principally against patents in general, as research suggests they actually stifle innovation rather than incentivize it. But in this case I’d say ‘let them fight, and may they both lose’.
It’s a legal tool that turns ideas into property. This allows capital to exercise power over it and profit through it, and on top of that inhibits innovation. So l’d say there is no use or abuse, it’s a bad legal framework that doesn’t achieve societal benefits.
Nokia is no stranger to patent fights. In February, the company reached a patent agreement with Chinese phone maker Vivo, ending a years-long dispute that dragged the two companies into court and forced Vivo to pull out of Germany. In 2021, Daimler and Nokia settled a dispute over the licensing of wireless technology patents in cars, ending a legal battle that had at one point threatened sales of the iconic Mercedes brand in its home country.
Nokia actually is a big player in 5G networks, which is what the Vivo one was about. I'm not sure you can call them a patent troll for defending patents that they're actually using
There is a Nokia branch called Nokia Technologies. They invest money in R&D, they file for genuine patents involving new technology, for instance in audio and video compression. (They want to sue Netflix or already sued). Them defending themselves against patent abuse is how they earn money. And they go against other big corps. This is vastly different than your typical patent troll.
Is the only difference that they aren't actively buying up and hoarding other patents not filed in house? Because what you described is SOP for patent trolls.
It boils down to how broadly they interpret infringements. Not whether they did the R&D themselves (I.E. not buying companies for their patents)
Large corporations devote significant resources to developing patentable technologies strictly for IP creation rather than productization. Part of this is for aggressive licensing purposes, part is for participation in patent licensing pools with other major companies, and part is for defensive purposes wrt blowback analysis (i.e., someone considers enforcing their own IP, but the target has so much other IP that could be turned against them, the blowback risk outweighs the possible gain in a successful enforcement).
This is pretty different than a troll, which typically does not develop technology but rather goes out and snaps up assets on firesale from companies having solvency issues or pruning their portfolios. Moreover, trolls are not entering pools or worrying about blowback.... they produce nothing so they cannot infringe a target's IP.
It's this weird BSDM community where they all get fucked by their main dom, Spez. When someone is ready to get their crotch stepped on, you'll see them type "thanks, I just subbed."
Nokia Oyj is the part that Microsoft never bought. Their non-consumer-facing operations. Wireless tech and infrastructure, RnD, actual science.
And they were and still are huge in that sector, you just won't hear about them unless you work in internet infrastructure, because they no longer do consumer products like phones. (That's a completely different company, HMD Global, which acquired the rights to use the brand for phones)
Not a mosquito, more like IBM. Still around, still massive, but operating "behind the scenes" now.