In a recent presentation at Daybreak Labs, Kilpatrick Townsend’s Yifan Mao, MSc, and Joseph Snyder, Ph.D., JD, discussed the importance of a cost-effective patent strategy for startups. These discussions delve into intellectual property protection for startups and also broach the subject of patents and trade secrets. The presentation touched on the high-level overview of patent…
In a decision bound to affect a significant number of global enterprises and law firms working with cryptocurrencies, The Internal Revenue Service (IRS) has clarified that stakers should include the value of any rewards earned from staking in their gross income. This ruling was released in Revenue Ruling 2023-14 on July 31, 2023. Specifically, it…
As Artificial Intelligence (AI) continues to transform the landscape of businesses worldwide, it has become a fundamental component of many recent commercial transactions, including industry acquisitions, business assets or licenses. This trend is set to extend even further as the interest in AI technology intensifies. For organisations integrating AI into their available services, there are…
In recent legal developments, DarkOwl, a Denver-based dark web data service, and cybersecurity company has triumphed in a trademark dispute. The case against ArkOwl, a similarly named competitor, came to a conclusion when a federal magistrate judge in Colorado ruled that DarkOwl had not violated any of ArkOwl’s trademarks. Furthermore, the court validated DarkOwl’s own…