EmagGeek writes "In an astonishing piece of irony, the Electronic Frontier Foundation has accepted an endowment from billionaire investor Mark Cuban to fund a "chair to eliminate stupid patents." One might thing the EFF would have a good system for vetting potential donors for possible conflicts of interest, but apparently missed the fact that Mark Cuban, who reportedly owns a 7.4% stake in patent troll Vringo, is currently embroiled in several patent trolling lawsuits against the likes of Google and Target.
"In March, Vringo merged with Innovate/Protect, which is basically a patent troll. It ended up owning search-monetization patents from Lycos. It's using those patents in lawsuits with Google, AOL, Gannett, Target and IAC, according to a Vringo press release.
Suing Google over years-old patents that aren't being used is absurd. But that might be the appeal to Cuban.""
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