Tuesday, November 5, 2013

IBM, Twitter Plan Talks on Patent Dispute




Twitter and IBMIBM +0.58% plan to meet to discuss settling a patent dispute, said people familiar with the matter.

Twitter disclosed the dispute in a securities filing Monday, just days before its planned initial public offering. IBM notified Twitter last week of the potential infringements, said those people.It is not clear when the two companies might meet, or whether they could reach an agreement.

The dispute highlights the increasing value of intellectual property and the way it can be used as a weapon in the technology industry. Patent disputes have long been a part of the industry, but they have heated up in recent years as the explosion of mobile devices and the wealth created by them raises the stakes for giants like AppleAAPL +1.28%, Samsung Electronics and other companies. Read more.

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