Prominent IP Updates on Dec 24, 2014

RPX buys Apple-backed Rockstar patents for $900 million

Patent risk management company RPX Corp said on Tuesday that it would buy more than 4,000 patents still owned by Rockstar Consortium, which was formed from the $4.5 billion purchase of about 6,000 Nortel Network Corp patents in 2011 following its bankruptcy.

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DuPont, Monsanto Agree to Settle Patent Lawsuits

Two of the biggest U.S. agribusiness companies DuPont Co. and Monsanto Co. announced on Tuesday that they have agreed to settle their patent-infringement lawsuits against each other that had been pending in a St. Louis federal court.

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ITC opens investigation into Samsung’s patent suit against Nvidia

Nvidia and Samsung have accused each other of infringing patents used in mobile devices, with Nvidia first filing suit against Samsung and chipmaker Qualcomm in September. The battle between Nvidia and Samsung over patents rages on, with the US International Trade Commission on Tuesday saying it will look into Samsung’s claims against Nvidia.

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Alibaba Says It Took Down 90 Million Counterfeit Products

Alibaba Group Holding, which has faced scrutiny for selling counterfeit goods on its websites, said it removed 90 million listings that may have breached intellectual-property rights.

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