Pfizer Shrinks Its Drug Pipeline Amid R&D Cuts

In an update Tuesday, Pfizer said it is discontinuing 15 of the projects in its development pipeline. The news comes a month after the world’s largest pharmaceutical company announced large research and development cuts were on…

RPX’s Plan: Make a Fortune by Fixing the Patent Mess

RPX has been in business since just 2008, but it has rapidly built a list of big-name clients attracted to its novel service. It offers tech companies a way to gain access to patents without having to own them outright — and w…

Amazon Patents System for Returning Unwanted Gifts

While it may sound more Scrooge than Santa Claus, Amazon, the world’s largest online retailer, has filed a patent for technology that would allow customers to return — or “convert” — gifts they don’t like, even before they ac…

Facebook Makes Progress in Attempt to Trademark ‘Face’

Social-networking giant Facebook made a bit of progress in its five-year effort to trademark the world “face,” at least when used in things like online chat rooms and social-networking efforts. The company received what’s calle…