Alibaba group raises $4.5 billion funding
Apr30

Alibaba group raises $4.5 billion funding

Chinese e-commerce giant Alibaba is growing beyong the traditional bounds raising $25 billion in the world’s biggest initial public offering. Alibaba’s financial arm, Ant financial has raised $4.5 billion in funding. They are calling this the “Largest Single Private Placement” by an internet company. This funding now values Ant Financial Services group at $60 billion. The company claims that the initial aim was...

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Judgement Overturned, Nintendo 3DS not guilty
Apr29

Judgement Overturned, Nintendo 3DS not guilty

Seijiro Tomita, now owner of Tomita Technologies, former employee of Sony accuses Nintendo of infringing his patent in manufacturing their 3DS model hand-held game consoles. In 2003, Tomita claims to have given, 7 officials of Nintendo, a prototype of his invention while the patent was still pending. To this, Nintendo countered saying that, the Technology was developed by an employer named Sharp which the company had interviewed in...

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Copyright for a language! Is it plausible?
Apr29

Copyright for a language! Is it plausible?

Star trek has a fan base enough to create a new country. These dedicated fans have stayed through with Star trek from inception until it started falling, living the part, speaking the language and keeping it alive among the common public. In fact, it is now more alive than ever. People are speaking the language, Klingon as common tongue despite its being a ‘conlang’ otherwise constructed language. Klingon is a properly...

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Gucci sues Afterlife Funeral Offerings Shop
Apr29

Gucci sues Afterlife Funeral Offerings Shop

Gucci filed for a legal warning against two HongKong based “Afterlife offering” companies. These companies are being alleged for selling ‘copycat’ paper machie versions of luxury prodects. Afterlife offering stores are popular in China for a certain ceremony recurring every year called the ‘Qingming’. WHAT IS QINGMING Qingming festival is also called tomb cleaning day. This festval marks the...

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IPAB directed to reconsider it’s Judgement
Apr22

IPAB directed to reconsider it’s Judgement

Madras High Court has ordered IPAB to reconsider and re-examine the ‘Rally’ case afresh. This case,  dating back to 2006, began with a battle of petitions for rectifications and counter rectifications. Rallifan, fan manufacturer, had filed a rectification petition against Mahavir Home Appliances against the latter’s mark, ‘Rally’. Mahavir retaliated by filing a counter rectification plea. Mahavir...

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