IP

apianti

So it's going to be annihilated for IP, cool. Take out the trash MS, then work on yourself for a really long time too.

lpeabody

I'm pretty sure if Microsoft tries to consolidate the titles to Xbox and Game Pass exclusivity then they've jumped the line of anticompetitive behavior and hopefully would trigger a probe by the FTC and Justice Department. I personally feel like the deal should be blocked unless ATVI IP remains cross platform.

wirez62

They can replace everyone and still own all the IP. They have a vision. What it is, none here can say for sure but I have a few thoughts. They're in a unique position. Overpaid compared to market value? Sure. An absolute steal based on their future vision with the the acquisition? Absolutely.

finbloom

> Disney acquires IP and uses public domain. Ground breaking. That's not relevant if there is plenty of competition buying other top IP.

naimastaybro

Disney acquires IP and uses public domain. I'm gonna assume the reasons why/how you don't recognize this has something to do with your mental state. Im not gonna argue with Mackey mouse anymore. Dueces.

finbloom

Pixar was a minor studio that produced *all* of their successful films either in collaboration with or under ownership by Disney. They've been collaborating with Disney since the 90s. > They bought one of the top grossing franchises of all time (Star Wars). They acquired the rights to 8 decades worth of source material (Marvel). Yes, these are significant IP... both acquired over a decade ago with significant competition.

naimastaybro

You don't know anything about Disney do you Its? Their IP purchases are not minor at all. They bought the best animation software out there (Pixar). They bought one of the top grossing franchises of all time (Star Wars). They acquired the rights to 8 decades worth of source material (Marvel). They've just been adapting folk tales to animated movies since their inception. Definitely making original material there...

wiarumas

I agree. ATVI's IP in the hands of MSFT is really bullish IMO. I'm expecting a rocky short term, but this is great news for both companies. Competent managers, ability to attract/preserve high quality developers, MSFT will keep their work culture in line, and MSFT gets handed top tier intellectual property.

Mike_Ropenis

Xbox Game pass is going to be lit. Would they push to make all of their IP Xbox and PC exclusive? Or does ATVI make too much money from Sony and Nintendo?

Social_History

EA is even cheaper than ATVI was with a lot of strong IP. FB gonna make a bid?

Pie_sky

The new world is about content and IP, and with this deal Microsoft will get a lot of content, so much so that many of the big franchises are in their grubby fat and money laden hands.

finbloom

DIS is a 250 bil co with lots of very obvious direct competitors. That's pretty different from a 2.5 trillion company. They also pretty rarely buy IP; they mostly develop their own. Marvel was acquired in 2009.

stevejobswasmurdered

did anyone tell the boomers at microsoft that Activision is fucking trash and the kids don't fuck with them anymore ? they're bag holding a bunch of dead beat IP. WoW, COD, Starcraft, diablo.. Overwatch is pretty popular wow $70b for overwatch! Activison probably laughing their asses off having scammed msft out of paying 45% premium on their share price @ $95 wtf were they thinking LOLL...

havek23

They don't need new ideas or the current employees, they just need the names and IP. They can now do StarCraft, Overwatch, WarCraft, Diablo things in the metaverse and sell NFT outfits and all that jazz for eternity now. Not to mention tv shows, movies, etc. Disney buying Marvel was a "stupid move" too in 2006-2008ish

jelde

Yet Disney buys up every IP available.

Wall_street_retard

Their IP’s are good but their talent is rotten from the ground up. MSFT is wise to clear the entire house, but they won’t have the balls

Cantgetfooledagain1

MSFT buying ATVI puts it ahead of Facebook in metaverse space almost immediately. Also extraordinary IP - I am so excited haha even without metaverse angle

wilhelm96

No shit, imagine all that IP exclusivity. At least PC gang is fine.

Fuocofire18

45$ is a MC of 1.14B. HS-110 is tested in the trial in combination with opdivo (nivolumab) which generates in over 8B a year growing at a CAGR of 5% through 2026. Phase 2 results showed over a 100% increase in survival rates over using opdivo alone. Also, I wasn’t saying 45$ was my opinion, I was explaining the math of the report since it used a probability discounting model. At 50% success (the empirical success rate used in modelling for companies to make it from phase 3 to market) the company is worth 1.14B based on Zack’s market analysis of the drug. Personally I think if it went to phase 3 it would be a prime target for BMY to acquire to bolster its opdivo IP portfolio. 1B isn’t that outlandish of a claim for an acquisition given their size, but I think the 500M territory (executives in the company inserted a new performance bonus into their contracts relating to an acquisition greater than or equal to 500M) is more likely

dejuanferlerken

Hey in the future drones will make deliveries from delivery trucks to save gas/charge and time. The IP is stupid valuable. Workhorse owns the IP.

shelter_anytime

the reason GME was ever extremely shorted before the squeeze was because half the new consoles don't even have a disc drive - that core business is done for and HFs got greedy thinking they could accelerate the inevitable. Why would microsoft or sony, who are making every move possible to control digital distribution and stop game resale, let gamestop in on some microtransaction marketplace? It seems like something that even if it did happen would piss consumers off, but more importantly that the publishers have zero reason to not implement their own model if there was money to be made there. Why would they let their IP be bought and resold for a small cut? They could sell someone else Hearthstone microtransactions and make the full amount off you before and someone else now. Digital goods like that are fungible, and enabling you to resell them only makes publishers less money (devs don't sell the game, publishers do FYI).

ElectricalRaisin4275

All they’ve ever done is rip off or acquire IP. Truly non innovators without one uniquely generated idea. And that will be their downfall. Should already have been.

One_Situation_2725

No it was a Reddit IP ban, unfortunately. Think it was related to alt accounts or something like that.

Skybreakeresq

Kamikaze-Cash: Yes, I used existing IP law to secure my rights. O the hugemanatee!! This ruins everything! Not. You are entirely incorrect that the law does not recognize clickwraps. You know EULAs? They're all click wrap, and they're all binding. You know that "click here to use website/service/etc" and the terms and conditions that you never read? Those are a binding contract bud. Wait until you hear about SHRINKWRAP contracts IE contracts the terms of which engage when you open the packaging. No shit. This is week 1 contracts law class stuff, which is taught year 1 semester 1 in law schools in the US. I say this as a practising (spelling is correct) civil law attorney who deals with this shit. You can go ahead and cite where clickwraps aren't binding since you made the claim though, if you insist. https://www.docusign.com/blog/when-agreement-just-clicks ^ An interesting link for you to peruse at your leisure. The NFT, or rather the blockchain and a distributed marketplace, keeps track of what is used and how often, allowing me to easily and consistently tabulate the royalty in a way that can auto regulate and isn't subject to any creative accounting practices or other fuckery, and provides an electronic record for if there is a law suit. Example: me game dev. Me want textures you sell. Me buy according to terms, which include 0.00X royalty from each copy of what me produce. Part of K requires me update you on progress, set up direct deposit style payment of royalty from Company account just like they do with vendors. That's far more streamlined than the current process. What your argument could be boiled down to is this: I think assembly line practices won't allow for more efficient production! Each worker only knows one part of the process, how could they possibly produce the entire object? Its just silly. Streamlining saves costs, saved costs are passed back to the consumer. Additionally, it being compiled electronically rather than in mounds of paper makes it more easily and conveniently accessible which makes it seem easier to get in to, which encourages more people to use it, to try their ideas. You're simply incorrect about blockchain, as you are about clickwraps. You don't need a standing case saying you win to be able to have a colorable claim. How do you think those cases get done in the first place? There is a case about clickwraps that was the first of its kind: Do you think clickwraps didn't exist and weren't enforced prior to that case? Of course not, that would be hilariously silly. They existed, and the case served to slap down someone who said what you say: That's not enforceable because there's no case. The fact that you don't even know that clickwraps are a thing, when you would've had to use at least 3 to even make this fucking post, makes me apt to disregard your opinion.

Skybreakeresq

I think you need to investigate how copyrights work. Its a fairly simple step to create the IP, secure it with a copyright, then track its use with the NFT. Someone buys it off the marketplace for an agreed royalty, we have a 'clickwrap' contract formed right there. They now owe a royalty for anything they produce using the IP they purchased a license to. I just wrote the contract up front, using blockchain, and cut out most of the work of the middle man beyond hooking us up which we do with a list, basically. So middle man takes less money, their job becomes more streamlined so they can handle more volume and still make money, the difference in the money per transaction they're now leaving on the table goes back in the two creator's pockets. And it didn't take months to hammer out. You listed a product for sale with terms, I bought it, the tech handles the accounting/evidence and we all get paid or we have plenty of evidence for trial.

futureIsYes

I recently read the book "Automation and Utopia: Human Flourishing in a World without Work" by John Danaher. A fantastic book where the author explores our future in an automated world. I found the book has a very convincing thesis for the metaverse. Basically, the author argues that, mainly due to AI, working will become an optional feature. And the problem of "not having a purpose" because we are not working can be found by "inventing" problems/games/challenges in the virtual world that will keep us as motivated and inspired as in the real world. But I think he is looking decades into the future, not in the coming few years. So I think the metaverse will be very relevant at some point, but who knows how many of the companies that are heavily investing in it at the moment will be around/relevant by the time it becomes concrete and important part of our lives? It feels like investing in DARPA in the 1970s when TCP/IP was invented. It took more than 3 decades before the internet became mainstream. I think it will take even more than that before the metaverse becomes main stream. I think there will also be one or more metaverse crashes a la the dot-com crash, where companies that are worth nothing will explode to crazy valuations and then get obliterated. If you are interested, you can listen to this podcast with the author: [https://www.youtube.com/watch?v=dsZhESz0GEM&ab\_channel=SeanCarroll](https://www.youtube.com/watch?v=dsZhESz0GEM&ab_channel=SeanCarroll) ​ Details: Here are the main proposals in the book: *Proposition 1 – The automation of work is both possible and desirable: work is bad for most people most of the time, in ways that they don’t always appreciate. We should do what we can to hasten the obsolescence of humans in the arena of work.* *Proposition 2 – The automation of life more generally poses a threat to human well-being, meaning, and flourishing: automating technologies undermine human achievement, distract us, manipulate us and make the world more opaque. We need to carefully manage our relationship with technology to limit those threats.* *Proposition 3 – One way to mitigate this threat would be to build a Cyborg Utopia, but it’s not clear how practical or utopian this would really be: integrating ourselves with technology, so that we become cyborgs, might regress the march toward human obsolescence outside of work but will also carry practical and ethical risks that make it less desirable than it first appears.* ***Proposition 4 – Another way to mitigate this threat would be to build a Virtual Utopia: instead of integrating ourselves with machines in an effort to maintain our relevance in the “real” world, we could retreat to “virtual” worlds that are created and sustained by the technological infrastructure that we have built. At first glance, this seems tantamount to giving up, but there are compelling philosophical and practical reasons for favoring this approach*** So basically proposal 4 is the metaverse.

shhonohh

Yeah I’m not talking about NFT’s as digital art. I’m talking about NFT’s being used for real world applications (goods/supply chain, gaming, clothing, real estate, music, events/ticketing, IP/patents, healthcare). But fair enough, agree to disagree.

Didntlikedefaultname

Thank you I appreciate the responses and examples. Where I keep getting stuck is moving from a closed system to open system. I think I’m getting your VEVE example for both VEVE and Disney to make profit. It’s made simpler by the fact that Disney owns its IP so they don’t need to involve a separate content creator really. But where I’m still getting stuck is on an open NFT system. If I buy an NFT on one exchange and want to trade it on another, am I now compounding the number of profit takers? Like does everyone who touches that transaction get a slice every time it’s traded?

GayGrouchyBabyBear

But you could just make another account, right? (Use VPN if they did an IP ban, which is unlikely.)

Low_Flower_4072

Preface by stating that I'm not claiming GameStop will get into all of these, but some of the things that make a lot of sense to be handled by NFTs in the future are: * profile pictures/art - cool? dumb? Up to you. * micropurchases in-game - TBD how this pans out. * entertainment digital downloads - games, music, movies, you won't be stuck to a single platform and they'll be resellable. This will start with independent artists/studios obviously as the larger players will be reluctant to give up control. Currently pretty small, just starting. * Luxury goods - see Nike's recent purchase. Getting an NFT with purchase of a luxury good means you know if something is a knock-off. Lots of brands looking to do this right now. * Legal documents - car title, house deed, this is probably a decade out. * Membership - already implemented with various projects. * Event tickets - in development. * The stock market itself - block chain settlement would vastly improve the stock market. This is my **dream** for GME that they're planning on withdrawing from the DTCC and being the first publicly traded company to be traded on a new blockchain stock market. It's unlikely but not entirely unrealistic as there's talk even in the SEC of blockchain settlement. The bull case expectation is that GameStop would pivot not to owning more IP necessarily, but in handling the marketplace for NFTs in multiple of these categories.

Unlucky-Prize

Give me $5m and a lack of moral compass, and I can give you an OLE proving that smoking a bong cures Alzheimer’s using the same tactics as SAVA. Need placebo controlled study - way harder to game. Key strategies: 1) include a lot of people who lack Alzheimer’s. Their study parameters are among the loosest of any AD trial. 2) add really sick people 6 months in and cut fast decliners Good find on Apter. Guess he’s a research collaborator after all. Not a professor though! Would love him to answer this elementary small molecule chemistry problem: https://mobile.twitter.com/LetsHaveABall2/status/1481746175204093954?cxt=HHwWhMCrxfaSnJApAAAA I did it for fun and the answer is hilarious. Wang has a slightly radioactive swimming pool out back? SavaDX has no IP a protection, the shorts cracked the trade secret with publicly available data: https://www.cassavafraud.com/docs/SAVADx_Theranos2.0.pdf

Elwell-UK

You guys and gals ever get involved with the London Stock Exchange? Games Workshop (no not GameStop) has a good dip opportunity. Revenues are up, royalties on IP have doubled and a number of major video games are due to be released in 2022. Looks like a great opportunity for a +20-30%

ButlerFish

Suspect the 5G aspect is that 5G's mesh network thing might enable reliable signal inside a factory / tunnel / rural area that would normally need wired or specialist IOT radio. The idea being that if it's connected directly to the internet via 5G, it will be tallking to cloud services instead of a local server that has the zigbee hardware plugged in or whatever. This lets you do nice things like put a 5G IP camera over the production line, use Microsoft's AI offerings to spot badly rotated screws, and trigger a 5G connected actuator to pull the bad units off the line. I say nice because it means you are paying microsoft money for cloud streaming video processing. Amazon is also persuing this with their virtual 5G network thing that lets a factory create a virtual mobile network for their 5G devices, providing a layer of security and isolation. On the other hand I don't know enough about industrial automation to assess how big an impact any of this stuff is going to have. What I would notice is that the cloud stuff is becoming more comoditized, so the fight is now to offer special sauce that is relevant to buisnesses, and I think Microsoft is currently doing better at this (better at selling / more comfy products) than Amazon, although Amazon has a lot of momentum.

sadus671

My guess Ford's stake was a share of IP vs. capital. Access to suppliers, manufacturing processes, etc..

Jeff__Skilling

They're public filings with the SEC - internal counsel (and anybody in the C-Suite) knows that you can't put false or misleading information in an 8-K (nor any IP for that matter). Plus, why would investors provide any sort of capital at all to a management team that's going to lie to them? That makes zero sense and doesn't happen in the real world. Investor relations departments are a thing. ffs, corporate governance is a thing.

Duckboy_Flaccidpus

It will just lead to more piracy of software and other IP works. When you can offer a service with high usability and accessible content at a "value" then people don't resort to piracy ala Netflix, itunes, etc. The peer-to-peer stuff has dwindled. But you keep hampering farmers' abilities to repair their tractors and they'll start root kitting their combines and by-pass John Deer altogether, know what I mean?

bartturner

Ha! It was luck when I sold. We needed a new house that was big enough for my kids and so the timing was complete luck. The buying CSCO when I did would be the smart aspect. I got started on the Internet in 1986. At that time I had been doing all kinds of network protocol stack development (LAT, X26, SNA, DecNet, etc). But once I was exposed to TCP/IP it became clear to me all the others would ago away.

amiteshk47

You fucking idiots really don’t understand how serious this is do you, little bitches? I'll have you know I graduated top of my class in Harvard Business School, and I've been involved in numerous secret meetings on Epstein's Island, and I have over 300 confirmed rapes. I am trained in investment funds and I'm the top hedge fund of all Wall Street. You are nothing to me but just another stock. I will trade you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with destroying our financial system on the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm. The storm that wipes out the pathetic little thing you call life savings. You're fucking ruined, kid. I can be anywhere, anytime, and I can bankrupt you in six million ways, and that's just with my piggy bank. Not only am I extensively trained in finance, but I have access to the entire arsenal of the United States Mainstream Media and I will use it to its full extent to ruin your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" joke was about to bring down upon you, maybe you would have held your fucking wallet. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You're fucking ruined, kiddo.

okLetsgo311

hat the fuck did you just fucking say about me, you little bitch? I'll have you know I graduated top of my class in the Navy Seals, and I've been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I'm the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You're fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that's just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You're fucking dead, kiddo.

IPoopRealBig

He flaunted how fucked the entire system was and profited dearly while doing so. He also gave the drug away for pennies if you couldn’t afford it. Cocky, flagrant, went about it a bad way to expose the ludicrous failure that is pharma IP laws? Sure. But grandpa Bernie and Medicare for all need people like him. I think he was a net positive, while other pharma execs get away with murder on the regular

Bananaman1229

His point on steering away from a capital intensive gigafactory model to an electrode/IP provider made me bullish af. This is no new news if you’ve followed everything so far, but it reaffirms SLDP is committed to pursuing high margins over everything else (especially with targeting aerospace/defense).

simeonenear21

Are there opinions on Atvi? I think its a great value play, 12b in cash, 2b net earnings a year, have great IP and a relatively low pe at 19. They also have shite leadership but i think that will change some day and then funds that had to sell for ESG reasons can come back in. So in short, i believe this Stock should be worth more than usd 63. What do you guys think, what are you guys taking into Account here and what are you discounting?

Kanolie

> Value has been arbed to death, thats why the returns have stunk, do stink, and will continue to stink going forward. You are making a mistake in your thinking here. A distinction is made between "growth" and value companies based on price to earnings ratios. That has nothing to do with the process of "value investing". An investor can exclusively invest in companies companies classified as "growth" companies and still be a "value investor". Value investing is trying to determine the intrinsic value of a company by attempting to predict its future cash flows, then buying the company when it sells less than the estimated intrinsic value. You can do with with both "value" and "growth" companies. It has nothing to do with the type of assets they hold (factories vs IP).

this_guy_fks

is there any point? you could have just posted the links instead of some long drawn out summary of them. Its clear from this analysis that you don't work in finance, because there is no actual data to support any of this. Value has been arbed to death, thats why the returns have stunk, do stink, and will continue to stink going forward. there is far too much quant equity value factor investing in the market for any value opportunities to arise. (not to mention the notion that IP doesn't show up as a tangible asset, which it clearly is) Instead of making some general statement about what value investing is and that it will just magically recover, you should consider \*why\* value investing has underperformed. if you look at a broad spectrum of "value" companies they are companies with a large amount of assets (factories, machines, widgets, inventory, etc) on their balancesheets. These all present a drag on growth because intangible IP costs nothing to carry and has a much slower depreciation cycle. failure to grasp that aspect is why people will continue to believe value investing will "reemerge" when no such thing will occur.

sendnudezpls

Red flag. NFT’s are really interesting for use cases in IP and digital assets (I work in an industry with valuable applications). There’s zero reason for a cannabis company in early growth stages in a federally illegal industry to be pumping NFTs.

0508kawi

WRONG ! When I see comments like this (MoonshotBoomer) it reinforces my view that few of the positive things that are going on at BlackBerry are actually discounted in the share price (meaning lots of upside coming). Most are poorly and superficially informed. Why do we think Goldman Sachs, and others like them, only recently tripled their positions? BB, being relatively small in terms of market cap ($5 billion), has an unusually long list of top caliber institutional shareholders. In terms of your point. Sure BB reported a small IP number last quarter. Just like the last several quarters. BUT IP licensing is running at $200 - $250 million annually. It's just that BB are not booking the majority of revenues from IP DELIBERATELY. Once they started negotiating the patent sale, which began about a year ago, they stopped booking the licensing fees related to those patents being sold. Doesn't mean they are not there. They are just not booking them (they will go to the buyer of the patents). In other words, if they weren't negotiating, Q3 would not have been $13 million but somewhere in the range of $50 million to $65 million (again, annual IP run rate is about $250 mil). The financial media and many other constantly suggest BB revenues are shrinking or flat but ignore that they are not booking $150 million plus of IP revenues. They also don't look beneath the surface and actually see that there is traction with the two core businesses - IOT and Cybersecurity. These revenues are growing and they are beating out top competitors for major contacts. People who track Cybersecurity know that BB has the best quality product. Better than CRWD (which trades at 10X the valuation) and others. It is starting to show in the clients BB are winning and just beginning to trickle into the numbers. Why on earth would one be shorting BB knowing any real volume will take this up significantly and when the company tells us they are "very close" to finalizing the transaction? The CEO is the most under promotional guy and if he knows the sale price for the IP (and he does because he has stated both sides have agreed on the price and the DD is done) and then tells us the IP is not being valued and the shares are undervalued, IDK but that is a huge buy signal. And made those comments when the share were at the $12 level. The risk here is only to the upside. If you are playing for 50 cents or so downside from her that is not impossible. But your risk to the upside is not 50 cents but is least $5-$10 and possibly more near to very near term. They're is no small risk they close this soon, and possibly even this month. Some other dude was trying to argue that $200-$250 million in annual IP fees with a healthy lifespan is only worth $400-$500 million. Read above. It's all there. I have read everything on BB and been on all the calls, including ER calls for at least 5 years.

Mysterious----

Honestly I’d throw all my money on $400 leaps you’re 10% off of the ATH and MSFT is literally never going to die. Clean books, market dominance, buying all IP. Past some scandals with execs and still went up.

0508kawi

WRONG ! Firstly the patents generate approximately $250 million in licensing fees (high margin) and have plenty of life left. Also IP revenues have been constant to growing. The $400-$500 mil you mention is 1.6x to 2x. Who would sell that for under 2X revenues? Also, RBC analyst has estimated $1 billion for IP and on a recent call, which included the RBC analyst, the CEO stated that the analyst were NOT valuing the IP. This CEO never says anything promotional and for him to make such a comment is extremely telling. He said this when the shares where at the $12 level (currently they are at the $9 level). He also said the shares were undervalued. Never said that before, even when the shares were at $2.70 two years ago. CEO also stated the transaction was "very close to a conclusion" and previously stated that both parties had agreed on price and DD. This means the price is and was known, and if at $12 he underlines in a call that the IP is not being valued and knows the analyst number of $1 billion, well the CEO could not give a stronger signal. And patents are only one catalyst, plus company trades at about 5x-7X sales (a serious fraction of any true competitor, which are closer to 50X).

silent_johnn

[Why are people paying millions for domain names?!](https://i.imgur.com/fN1RRRk.png) There's literally an infinite supply of domain names. Domain names seems like a valueless ponzi scheme. I can literally just screenshot the domain name and use it, or just change one letter. It's all just a bubble for money laundering and criminals. When will the US just ban domain names since they are obviously scams and can be easily manipulated to send scam emails? It's not hard to just type the IP address, I hope everybody paying for domain names loses money in this idiotic bubble.

t00rshell

There will I’m sure be plenty of shitty crypto and NFT games, no argument there However a few things aren’t going to happen. No AAA studio is going to turn their IP over to players via NFT, we will always reserve the right to ban you and seize your account. We’re not going to allow used game sales with channel partners. And at least my shop, one of the largest around won’t be issuing items on a block chain, if we tried to link our millions of online players to any of these systems they’d fall over dead. Right now nfts don’t do anything we already couldn’t I’d we wanted to..

Banabak

You know , I think I have been reading about “ future lower returns due to valuation bla bla” since like 2015 I would say ? You know the usual , vanguard , GMO ( I think he is on 17th bubble post at this moment ) etc and yet 2019 30%+, 2020 18%+, 2021 28%+, I am not saying this time is different but it’s not like there are laws that say CAPE HAS to mean revert back to the times when oil and railroads were 50% of stock market 90% of sp500 value are intangibles, brand value , network effect , IP , things that don’t show up on balance sheet I try to avoid listening to experts on the world that doesn’t exist anymore too much

FullCopy

I agree. TSLA is not DoorDash or Uber etc. they have real IP and are building factories overseas as we speak. I can’t think of a company in a similar position.

Manbadger

Hexo has some good IP.

JJTortilla

As somebody that used to work at a movie theater, they've been going down in attendees per year since the mid 2000s. Most moviegoers won't notice because they go at release but the day to day operations are dwindling. Movie theaters need to fundamentally change there business model to survive. I'd say something along the lines of a partnership with one of the streaming services to do their IP on the big screen for subscribers or something. Otherwise, Movie theaters will die out like Blockbuster.

MoonShat420

We told you AMC Apes that at end of the day there was going to be a rug pull. All the Insiders wanted to issue more stock to pay what is an unsustainable debt and business model. AMC was a creation of the last Pandemic, and it's now a victim of the new one. (Also Shitty Hollywood that doesn't want to pay Writers and Directors to Create New IP)

Gourd-Futures69

Low key XXII, they have a GMO cannabis division that would have the technical ability to isolate and recreate cannabinoid compounds. Not saying they are doing this specifically but that is what that division is designed to do, also have a fuck ton of IP Edit: Aurora as well - https://www.xxiicentury.com/investors/news/press-releases/detail/461/aurora-and-22nd-century-group-license-foundational Licensing agreement announced a few weeks ago specifically mentions IP related to cannabinoids referenced in the [pubmed article](https://pubmed.ncbi.nlm.nih.gov/35007072/) Idk true or not people will buy tf out of CBG given how people use CBD now for literally everything

Gourd-Futures69

Low key XXII, they have a GMO cannabis division that would have the technical ability to isolate and recreate cannabinoid compounds. Not saying they are doing this specifically but that is what that division is designed to do, also have a fuck ton of IP

MaleficentHyena4859

I believe within the next 12 months there are going to be waves of major consolidation within the whole of the sector itself to a plurality of companies with the majority of market capitalization and differentiator IP to move along for intended commercialization. I'm bullish on Cybin we have Support 2 Fibonacci at .96 right now and with the recent approval for psychedelic medical therapies and medicines in Canada I feel Cybin and some other companies alike are laying the foundation for massive partnerships with Big Pharma in what have otherwise been relatively neglected spaces such as novel psychiatric pharmaceutical development and commercialization. The industry has been longing for innovation the last 3-4 decades.

silent_johnn

> I'm not arguing that the tech behind crypto doesn't have that potential, but in the 90s there was a bubble and it popped and there was a financial crisis Imagine being able to invest in TCP/IP instead of the 1000s of trash tier stocks that were built on top of the internet. That's Ethereum. Forget that analogy, imagine investing in data packets to access the internet. That's ETH.

nodoze101

CRNT .. been hammered w end of year tax selling and supply chain concerns ... but a micro cap, trading BELOW 1X sales, gaining market share in a growing industry (5G wireless hauling) and coming out with a game changing 100 Gbs advanced wireless chip .... completely befuddled why wallstreet is not taking up an interest in them or evaluating their tech .. they have 18+ 5G wins across Tier 1 & 2 telecoms across the world ... High of $6.70 and a low of $2.42 for the year ... and they sit at $2.50 ish as some of those that sold for tax losses are repurchasing ... True 5G network speed is 300 MBS+ ... 98+ percent of the country has 5G compatible networks.. meaning you can connect a 5G phone to them .. at 4G/Lte or 3G speeds .... 5G is JUST starting to roll out past the largest fiber rich cities... this is where CRNT plays .. mid and back haul ... between the 100's of thousands of mid and back haul sites where its way too expensive to pull fiber. ... Check them out [ceragon.com](https://ceragon.com) ... their IP50 line is shipping and the new System on Chip is due to be released/taped out any week now. LOng and holding strong.

mussedeq

I feel like we need to get admins today. They can see IP addresses and sniff out if there are really vote brigades or not.

chmod-007-bond

I've got a theory that a large point of buying out software companies isn't the IP it's for functional structured development teams that can work together on shit. So you basically buy a functional dev org that can deliver product and change the product and roll them into your tools as fast as you can while the devs get mad that anything is changing. Should be easier than trying to hire up 200-300 programmers.

sonofbourye

I can’t imagine they have much IP protection. Most food stuff is trade secret. Patent protection is the opposite where the novel invention or process has to be disclosed in exchange for exclusive use for however long that lasts. The recipe for coke is a trade secret. Anyone can make it if you can figure out how. No clue about BYND, but I’m not sure what would be patentable about a veggie burger.

BackgroundSearch30

What the fuck did you just fucking say about me, you little bitch? I'll have you know I graduated top of my class at Yale University, and I've been involved in numerous secret poetry circles in New Haven, and I have over 300 confirmed awards from the National Endowment for the Arts. I am trained in free verse in seven languages and I'm the top haiku writer in the entire US Academy of American Poets. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of Harper’s Magazine critics across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You're fucking dead, kid. I can write a haiku, anytime, and I will elegize you in over seven hundred ways, and that's just with my bare hands. Not only am I extensively trained in lyrical styles, but I have access to the entire oeuvre of the United States Library of Congress and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You're fucking dead, kiddo.

t00rshell

I've worked for a AAA game studio for the last decade. The industry is moving its model to payment to first party, where we don't need retailers like gamestop anymore. Both Sony and Microsoft support it natively now in their dev kits. Most of us have also started bringing our own launchers online (for better or worse here), and we've used them for promotions and marketing. As long as gamestop exists we will use them as a sales channel, but the days of offering them promos or anything in that regard are over. We're also not going to let them leach off our download service and offer digital downloads of our titles, that service costs us a lot of money to run, there's no reason to give them a break there. Then there's the whole NFT marketplace, and ill agree there will be plenty of shitty NFT games, and plenty of B studios trying to take advantage of something like that. But are AAA studios going to allow used game sales on that platform? Nope. Are we going to turn over our IP to players ? Nope (you'll never own one of our items). If we were to ever seriously consider anything on blockchain, we'd just run our own private and mint wallets and hand them over to players. Because none of these platforms are ready for primetime yet.. No ones going to stand up to 3-4 million concurrent players online. ETH and its 30TPS falls over dead seconds after we integrate and bring it online.

t00rshell

Its a garbage stock. The entire gaming industry is moving to payment to first party. And despite this moronic exercise, no AAA game studio is turning over their IP to you via NFT. I could see us doing something with micro transactions, but even if we did that why the hell would we use gamestop? They used you guys to buy time, but they are still gone in 5 years, there's just no use for them in the market anymore save a bunch of cultists newest target.

oldpaint10

they company can say what they want, the ITC ruled otherwise: The Commission has determined that the appropriate remedy is: (i) a limited exclusion order prohibiting the importation of certain electronic devices, including streaming players, televisions, set-top boxes, remote controllers, and components thereof that infringe one or more of claims 1, 3, 11, and 13-15 of the ʼ196 patent; and (ii) a cease and desist order against Roku. The Commission has determined that the public interest factors do not preclude issuance of a remedy. from: https://fingfx.thomsonreuters.com/gfx/legaldocs/mopanlwqbva/IP%20ROKU%20ITC%20ruling.pdf

Troflecopter

The AAA space is overvalued and worse, they are cannibalizing their IP's and selling their souls for short term profit. The indies are taking market share.

ricke813

My price target is $230 (35x on my FY '22 EBITDA forecast of $728m). I give them a higher multiple compared to my fair multiple of 25x for ATVI & EA because of upside from GTA 6, attractive M&A target for big tech that wants to acquire a best-in-breed video game developer and/or get the biggest metaverse company, and even if they don't get acquired are well-positioned for the metaverse with their open-world IP.

Ehralur

Yep, well said! One more thing to add: Making a good game takes years and very few publishers have more than 1-3 really big releases a year, so it's impossible to do well each quarter. The result is shareholders pushing to pull profits out of users any way they can during times where there is no big release, even if it comes at the long term detriment of the IP. After all, it's better for a public company to earn $25M every quarter than $110M one quarter and $0 the other three.

Donkeycow15

Have you any registered IP on this ? Or can I use the Yodel Farmer Evasion Technique (c) myself ?

BambooToaster

What the fuck did you just fucking say about me, you little bitch? I'll have you know I graduated top of my class in the Navy Seals, and I've been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I'm the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You're fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that's just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little "clever" comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn't, you didn't, and now you're paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You're fucking dead, kiddo.

RushingJaw

ABBV's jump had everything to do with the acquisition of Allergan in 2019 and the expansion of it's product line through that deal, as prior nearly half of all profits ABBV were centered around it's flagship drug Humira. Background to Humira for context, it's patent expired in the US in 2016 and in the EU in 2018 with IP protection expected to last until sometime in 2022, according to the company. By diversifying it's product line with Allergen's products, those on the market and in development, along with those in ABBV's own research pipeline...I guess it could be considered growth. I have a modest position in ABBV and I keep an eye on the science going on, as part of standard due diligence, and ABBV is currently working in cystic fibrosis treatments. If they are able to develop a successful drug for that, it could cut into it's competitor Vertex's market share and provide yet another revenue stream. Regarding the dividend...I'm a bit concerned about Humira sales dropping in the next five years, hence why one needs to keep a close eye, but still optimistic. Payout ratio is solid, strong cashflow, and they regularly beat earnings expectations. Can't think of much else to add but if you've got any questions, shoot and I'll try to answer.

merlinsbeers

Before: AMD MRQ EPS $.73 shares 1.21B profit $880M XLNX MRQ EPS $1.06 shares 250M profit $265M After: Profit 880M + $265M = $1.15B Shares 1.7234 * $250M + $1.21B = $1.67B EPS $1.15B/$1.67B = $.68 $.68 < $.73 That's dilutive. Intel continues to sell and integrate Altera products. That acquisition happened in 2015. I expect they'll see acceleration as the rest of the company turns around. SoC is a big deal to Gelsinger. He just hired Apple's M1 lead to run it. AMD is giving away a big chunk of investors' value to get something it could pay a small royalty on -- or get for free as an IP swap for letting XLNX continue to sell AMD cores in FPGA libraries. They're overpaying, and by a lot.

TasteTheFreedom

TT is following a blueprint that companies like Activision are already following. The plan is probably not to lean into poker; it’s to expand TT’s IP onto mobile. Zynga has okay mobile games that they’ll continue supporting, but bringing titles like GTA to mobile and making them free to play is the real growth opportunity. For reference, half the $180B gaming market is on mobile, and acquiring a respected mobile developer increases TT’s capabilities on the platform. E.g., Activision’s Call of Duty mobile game had half a billion downloads in two years and contributed to a ~$2B increase in their annual revenue.

MasterDave

I would assume that they want to re-skin some Zynga games for TTWO assets primarily although who knows since I'm not real sure there's a lot of overlap between either side's games. Crap is profitable though, all the top games on iOS are F2P shovelware and IP skins of existing games. I would figure TTWO needs a lot of experienced staff to start churning out a mobile branded game for everything they own that doesn't have one whenever it releases.

TODO_getLife

I don't think they're buying them for their IP, most likely for the people and tech. They've already proven they can build solid mobile games, doesn't matter if they haven't taken off, because TTWO will be the ones to come up with the ideas and marketing. Zynga will just build it.

the_beast93112

They're profiting now but HBOMAX and Disney will continue to grow and their IP is so much better.

iguy27

What the fuck did you just fucking say about me, you little bitch? I’ll have you know I graduated top of my class in the Navy Seals, and I’ve been involved in numerous secret raids on Al-Quaeda, and I have over 300 confirmed kills. I am trained in gorilla warfare and I’m the top sniper in the entire US armed forces. You are nothing to me but just another target. I will wipe you the fuck out with precision the likes of which has never been seen before on this Earth, mark my fucking words. You think you can get away with saying that shit to me over the Internet? Think again, fucker. As we speak I am contacting my secret network of spies across the USA and your IP is being traced right now so you better prepare for the storm, maggot. The storm that wipes out the pathetic little thing you call your life. You’re fucking dead, kid. I can be anywhere, anytime, and I can kill you in over seven hundred ways, and that’s just with my bare hands. Not only am I extensively trained in unarmed combat, but I have access to the entire arsenal of the United States Marine Corps and I will use it to its full extent to wipe your miserable ass off the face of the continent, you little shit. If only you could have known what unholy retribution your little “clever” comment was about to bring down upon you, maybe you would have held your fucking tongue. But you couldn’t, you didn’t, and now you’re paying the price, you goddamn idiot. I will shit fury all over you and you will drown in it. You’re fucking dead, kiddo.

protovack

If QS isn't a complete scam, they seem to have the better tech/product. Solid Power seems further away from an actual lithium metal cell to me. it almost seems like they will never have a lithium metal cell, although they still claim its in the roadmap. but they added another battery to their roadmap that isn't a true solid state battery, more just their electrolyte (sulfide) running on a traditional lithium/silicone/graphite anode like normal li-ion cells already do. So, yea it might be better than current li-ion tech, but sort of sounds like a dead end to me, when clearly a lithium metal anode is what is needed to get a significant range increase. QS has insisted from the very beginning their battery IS a lithium metal anode and the early prototypes have good performance. thats no guarantee they will get a one hundred layer cell operational, but i just feel like if i was going to dump all my money into something as a moon shot, it would be Quantumscape. There is no way the CEO escapes prosecution if he is lying about them having the secret ceramic separator that enables a true lithium metal cell. if its a lie, then he has lied about it repeatedly to investors on multiple documented occasions and his entire career would be done. So i kind of doubt he's lying. i think they really do have a high performance ceramic separator that took them a long time to come up with and is highly valuable IP. Whether they can convert that into a functioning product is a long shot but it does actually seem like they are making progress.