Wonder why it only took Comcast 3 days to announce it's relationship with Tivo?
TiVo Patent Suit Advances on Federal Court Denial of Echostar Motions Wednesday March 9, 5:16 pm ET
ALVISO, Calif., March 9 /PRNewswire-FirstCall/ -- TiVo Inc. (Nasdaq: TIVO - News), the creator of and a leader in television services for digital video recorders (DVRs), today announced that the federal district court for the Eastern District of Texas, Marshall Division has denied motions to dismiss and transfer TiVo's patent infringement case against Echostar Communications Corporation (ECC) and affiliated companies. In that case, TiVo has alleged that ECC and certain subsidiaries are violating a key TiVo patent (U.S. Patent No. 6,233,389 issued to TiVo in May 2001, known as the "Time Warp" patent). The defendants had sought to transfer the case out of Texas, and two of the defendants argued that they were not subject to jurisdiction in Texas. The Court denied both motions. ADVERTISEMENT
Key TiVo inventions protected by this patent include a method for recording one program while playing back another; watching a show as it is recording; and a storage format that supports advanced capabilities -- such as pausing live television, fast-forwarding, rewinding, instant replays, and slow motion.
As a result of the Court's rulings, the case will move forward in TiVo's chosen forum of the Eastern District of Texas, where the Court has scheduled jury selection to begin on October 4, 2005. TiVo is being represented by law firms Irell & Manella LLP (led by trial attorney Morgan Chu) and McKool Smith, P.C. (led by trial attorney Sam Baxter).
That's idiotic. You don't know a thing about talks. The talks were going on for months and the reason they signed was the CEO was fired. The theory it had something to do with the suit is wrong. The story was leaked to the NY Times.
Just read a post here where the writer states, "93% of investors lose money on the market." Is this true?
I used to be a professional horseplayer. It's hard to make a living playing the ponys. In that arena only 2% of all bettors win any money over a long period of time. It's very hard to make a living at the track.
Believe it or not but Jim Cramer (www.thestreet.com) played the ponies professionally and even wrote several books on the subject before getting into the stock market.