Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Nyse  >  Twitter    TWTR


SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Twitter : Latest Federal Court Cases, 11/30/20

12/02/2020 | 11:09am EST

VidStream LLC v. Twitter, Inc., Appeal No. 2019-1734, -1735 (Fed. Cir. Nov. 25, 2020)

In the Federal Circuit's only precedential case last week, the Court addressed the extent to which a book published before the priority date but printed after the priority date qualifies as a printed publication. The Court affirmed a decision by the PTAB finding it to be prior art.

Twitter filed a petition for an IPR concerning a patent for recording and publishing content on social media websites. The patent had a priority date of May 9, 2012. In its petition for IPR, Twitter relied on a book published by Anselm Bradford that had a copyright date of 2011 and certain ISBN information. However, one page in the book stated, "Made in the USA . 13 December 2015." VidStream argued that it did not constitute prior art because the relied-upon version of the book was not published until after the priority date.

In its reply, Twitter filed additional documents, including a copy of Bradford obtained from the Library of Congress with a 2011 copyright date, which did not contain the 2015 date in it, a copy of the Certificate of Registration from the copyright office, a declaration from an expert in library cataloging and classification, a declaration from an attorney who testified that he compared each page of the respective books and found them to be substantively identical, and pages from the Internet Archive showing that the book was available on Amazon in December 2011.

VidStream filed a sur-reply challenging the timeliness and probative value of the evidence provided by Twitter on reply.

The PTAB instituted review, found that Bradford was an available reference, and held all claims invalid over Bradford in addition to other prior art. VidStream appealed solely issues concerning Bradford as prior art.

The Federal Circuit first found the PTAB properly admitted the evidence submitted for the first time on reply, concluding "that the Board acted appropriately, for the Board permitted both sides to provide evidence concerning the reference date of the Bradford book, in pursuit of the correct answer."

After summarizing the evidence presented and the arguments of each party, the Court also held, succinctly, that "[t]he evidence well supports the Board's finding that Bradford was published and publicly accessible before the '997 patent's 2012 priority date."

Holding that Bradford was prior art, the Court affirmed the conclusion of obviousness in a short opinion. 

The opinion can be found here.

By: Nika Aldrich

Check out our searchable library of all  Fresh from the Bench  updates.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Nika F. Aldrich
Schwabe Williamson & Wyatt
PacWest Center
1211 SW 5th Ave, Suite 1900
OR 97204

© Mondaq Ltd, 2020 - Tel. +44 (0)20 8544 8300 - http://www.mondaq.com, source Business Briefing

All news about TWITTER
01/22INSIDER TRENDS : Twitter Insider Sale Scales Back 90-Days of Buys
01/22Equities End Mixed on Concerns of Rising COVID-19 Cases, Reports of Deadlier ..
01/21TWITTER : Piper Sandler Starts Twitter at Neutral With $45 Price Target
01/21TWITTER : locks account of China's Embassy to U.S. over Xinjiang issue
01/19TWITTER : VP Engineering Nick Caldwell Joins True Board of Directors
01/19TWITTER : Federal Circuit Affirms PTAB Allowance Of New Evidence On Reply
01/16The Five Biggest Issues for Technology Companies -2-
01/16The Five Biggest Issues for Technology Companies in 2021
01/15S&P 500 Posts 1.5% Weekly Decline, Led by Communication Services, Technology;..
More news
Financials (USD)
Sales 2020 3 624 M - -
Net income 2020 -1 105 M - -
Net cash 2020 4 804 M - -
P/E ratio 2020 -34,4x
Yield 2020 -
Capitalization 38 128 M 38 128 M -
EV / Sales 2020 9,20x
EV / Sales 2021 7,73x
Nbr of Employees 4 900
Free-Float 97,7%
Duration : Period :
Twitter Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends TWITTER
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus HOLD
Number of Analysts 39
Average target price 48,36 $
Last Close Price 48,06 $
Spread / Highest target 39,4%
Spread / Average Target 0,63%
Spread / Lowest Target -60,5%
EPS Revisions
Managers and Directors
Jack Dorsey Chief Executive Officer & Director
Patrick Pichette Chairman
Ned D. Segal Chief Financial Officer
Parag Agrawal Chief Technology Officer
Dantley Davis Head-Research & Design
Sector and Competitors
1st jan.Capitalization (M$)
TWITTER-11.25%38 128
FACEBOOK INC0.49%781 856
MATCH GROUP, INC.-6.74%37 504
NEW WORK SE-11.25%1 700