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.
There are some significant changes coming to the United States Patent and Trademark Office (USPTO) that will affect trademark filings beginning January 18, 2025. These changes include the introduction of the Trademark Center, new fees, and revised application requirements. Here is an overview of the key changes: The USPTO will retire the TEAS system, which […]
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In today’s competitive e-commerce landscape, automated decision-making technology is becoming more and more important. From personalized product recommendations to targeted advertising and streamlined logistics, these systems help ecommerce businesses adapt and grow. But new regulations are on the horizon, and these changes could reshape the way e-commerce businesses use automation. The California Privacy Protection Agency […]
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The Federal Trade Commission (FTC) has issued final amendments to its trade regulation rule concerning negative option plans, also known as the “click to cancel rule.” This rule aims to address widespread deceptive practices that prohibit customers from cancelling services in the same manner in which they signed up. Here’s a detailed summary of the […]
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