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In a young, growing and potentially very lucrative market, patents, design rights and reputation matter. Two of the best-known names in the wearable activity tracking device market, Jawbone and Fitbit, are currently battling each other over allegations of poaching staff, industrial espionage and patent infringement. Both companies have a loyal user following and have been concentrating on establishing and protecting their businesses by filing for patent and design rights, whilst jealously guarding their technological and strategy planning secrets. Jawbone accuses…
A Canadian technology company has been granted a US patent for an innovative system of sending people and equipment into space, making the whole process of getting into space much more efficient and potentially safer. Thoth Technology has designed a ‘space elevator’ which reaches 12.4 miles into the sky, allowing the top to sit in the stratosphere. From here, rockets could be launched in a single-stage process; and even return to the tower for refuelling. Inflatable Components A fully functioning…
Crowdfunding has proved to be an imaginative and often lucrative way for inventors and start-up businesses to raise money to fund the prototyping, production and sale of new products. The inventor Sir Clive Sinclair has recently seen great success in raising money to update his iconic ZX Spectrum computer, and is now back with funding website Kickstarter to see if he can do the same for the A-Bike Electric. Commuter-led Invention The A-Bike Electric is not quite a new kid…