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Patent Docs (Free subscription) | 07/18/2008
By Kevin E. Noonan -- The Federal Circuit clarified its position on method claim infringement to the detriment of the plaintiff in Muniauction, Inc. v. Thomson Corp., vacating an $84.6 million dollar judgment (in a contingency fee case, no less). In a jury trial, Defendants Thomson Corp. and I-Deal LLC were found to infringe U.S. Patent No. 6,161,099, and that the asserted claims (claims 1, 2, 9, 14,...
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Patently-O: Patent Law Blog (Free subscription) | 07/16/2008
Muniauction, Inc. v. Thomson Corp. and I-Deal (Fed. Cir. 2008) (Part II) [Read Part I discussing joint infringement] Muniauction's patent relates to municipal bond auctions. During cross examination at trial, Muni's expert admitted that two of the claims were identical...
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Patently-O: Patent Law Blog (Free subscription) | 07/16/2008
Muniauction, Inc. v. Thomson Corp. and I-Deal (Fed. Cir. 2008) Ray Niro's team helped Muniauction win a jury verdict of willful infringement resulting in an award of $77 million for lost profit and enhanced damages. On appeal, the CAFC reversed...
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SignalBlog (Free subscription) | 07/15/2008
A federal appellate court in Philadelphia on Monday overturned a jury’s finding that Thomson Reuters Corp. infringed a patent for trading municipal bonds in Internet auctions. Jurors awarded MuniAuction Inc. $38.4 million in damages in October 2006 after finding New York-based Thomson Corp. willfully infringed MuniAuction’s patent. The 3rd U.S. Circuit Court of Appeals overturned that decision, [...]...
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I/P Updates (Free subscription) | 07/15/2008
In Muniauction, Inc. v. Thomson Corp. (July 14, 2008), the Federal Circuit held that Thomson's control of access to its system and instructinons to bidders on its use was not sufficient to incur liability for direct infringement by the combined actions of multiple parties for a method claim directed to an "integrated system on a single server” that allows issuers to run the auction and bidders to prepare...
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Peter Zura's Two-Sevent (Free subscription) | 07/14/2008
Muniauction, Inc. v. Thomson Corp., July 14, 2008 ( 2007-1485 ) After a jury trial, the district court ruled that Thomson wilfully infringed Muniauction's patent related to conducting original issuer auctions of financial instruments. The district court awarded enhanced damages, and entered a permanent injunction against Thomson. Shortly after trial, the Supreme Court issued KSR International Co. v....
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aammaamm28's weblog (Free subscription) | 06/06/2008
The shareholders of the UK based Reuters Group Plc and Canada based Thomson Corp. have given their nod to a billion dollar deal that will allow acquisition of Reuters by Thomson. More in Business news Curtis Circulation Company Pressmart Media announce the launch of iMags digital magazine solution India Finland sign agreement on Science and Technology cooperation Tata Jaguar agreement a landmark in...
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Raw Story (Free subscription) | 05/19/2008
May 19 (Bloomberg) -- Thomson Reuters Corp., formed by Thomson Corp.'s $15.9 billion purchase of Reuters Group Plc, plans to eliminate about 835 jobs to help reach the cost savings promised by executives. The reductions include 140 news positions, as many as 650 jobs in content, technology and operations, and 45 posts in sales and service, according to e-mails sent by Thomson Reuters managers to staff...
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bizjournals (Free subscription) | 05/12/2008
Thomson Corp.'s $17 billion acquisition of Reuters Group PLC on April 17 could mean a lot more growth for Albuquerque-based ProLaw Software.
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Before I Forget... (Free subscription) | 04/22/2008
…..More unusual than the fact that a member of the FTSE 100 and S&P 500 will have a 53% family shareholder is the way the Canadian clan exercises its stewardship. The architect of Thomson Corp’s pursuit of Reuters was not David Thomson, the chairman and grandson of the founder, nor Dick Harrington, chief executive, but [...]
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MediaChannel (Free subscription) | 04/18/2008
By Agence France Press The creation of Thomson Reuters combines Thomson Corp's strong presence in the United States with Reuters ' penetration of markets for trading, financial and business information in Britain and continental Europe.
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Business Wire (Free subscription) | 04/18/2008
CHICAGO--(BUSINESS WIRE)--Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting
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Talking Biz News (Free subscription) | 04/17/2008
Ian Austin of the New York Times writes Thursday about how Thomson Corp. has remade itself by focusing on data and information that people need for their jobs, a strategy that comes complete with the Reuters acquisition. Austin writes, “Thomson’s desire to raise its public profile as it completes the $16.6 billion transaction is partly a [...]
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Sify (Free subscription) | 04/17/2008
Financial data provider Thomson Corp today announced the completion of a $17.2 billion deal to acquire Reuters Group Plc, creating one of the world's largest news and data services company. Following the completion of the deal, the shares of the combined entity, named Thomson Reuters, today began trading on Toronto, New York and London, a statement said here.
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Market Watch (Free subscription) | 04/08/2008
BOSTON (MarketWatch) -- Tradeweb, an online marketplace owned by Thomson Corp. , on Tuesday said Citi is acquiring a minority stake in the company and taking a seat on the board. Tradeweb said with the addition of the Citigroup Inc. unit, there are now ten dealers invested in it, including Goldman Sachs Group Inc. and J.P. Morgan Chase & Co. . As part of the deal, Citi will become a liquidity provider...
