University of California Sues Facebook, Wal-Mart, and Disney
Interactive technologies are property of UC, lawsuit alleges.
A view of the Bell Tower at the University of California Riverside November 22, 2008.
When getting litigious, gotta go big -- like the Regents of the University of California, who have filed suit against Facebook, Wal-Mart and the Walt Disney Company for patent violations, according to Reuters.
The plaintiffs allege that patents for "interactive technology" issued to UC and licensed to Eolas Technologies, a Texas company, are being exploited by the companies in question.
Eolas is in the business of "commercializing" the UC's patents, the newspaper reported, and the lawsuit alleges that the patents are public assets and the university must be "paid a fair value when a third party exploits that university asset for profit," the newspaper reported.
Facebook dismissed the lawsuit as without merit, while Wal-Mart said the allegations are "taken seriously," the newspaper reported. Disney did not respond to a request for comment.
Copyright NBC Owned Television Stations