Amazon: This is Extortion …. And We’re Gleefully Paying It
Written by Evan SchumanMay 8th, 2007
Amazon fired off lovely rhetoric in December, but it surrendered in the conference room. As one lawyer put it, Amazon said in December "This is extortion" and in May, said "And we're paying it."
The issues and the symbolism couldn't have been more the quintessential old versus new battle. IBM is no stranger to nasty fighting and is a company that sees something beautiful about a well-executed stealth patent. That's where a company files a patent and sits on it—quietly—to see if anyone uses the approach and if that company happens to have any money. Think of it as a Patent Speedtrap.
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Is there really an improvement between a mag swipe and contactless tap if multi-factor authentication is required?
-Ed
