A venture capital firm has purchased Palo Alto-based cloud video gaming firm OnLive for a mere $4.8 million dollars. OnLive, which provides cloud-based streaming gaming through a simple set-top hardware device or through personal computers, was recently in the news because it was forced to create a new company and layoff workers to secure the deal. OnLive’s acquisition by a venture capital firm at this price is surprising, especially in light of the fact that its rival, Gaikai, was purchased for $380 million dollars by Sony. Engadget reports that OnLive was once valued at $1.8 billion, so its recent sale indicates that extent of the outstanding debt of OnLive at the time of its sale.
The answer is legally complicated since the Food and Drug Administration (“FDA”) has defined the term “healthy” to apply to foods, not dietary supplements. On the other hand, in some circumstances, certain types of oils — like olive oil — are now eligible to use the “healthy” label. Thus, if your supplement is an oil […]
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If nurtured properly, trademarks can continue to function indefinitely, bringing continued and increasing value to the owners. There are, however, ways that trademarks can be “lost.” As an example, a trademark can be abandoned through lack of use or can be lost to the general public through the process of genericide. That happens when the […]
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Social media influencing has become a big business. As such, influencers need experienced internet lawyers to help with their contracts and other legal needs. In early October 2025, there was a bit of a stir on the internet concerning claims that the Government of Israel, through its Ministry of Foreign Affairs, was paying social media […]
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