SoulMaster (717007) writes "The company I work for (we are a 1 year old start-up) has recently started filing patents to protect some of its intellectual property. At the onset of the patent process, one of the executives drafted a very basic Patent Incentive Program (PIP) which is now under full review to ensure that it is both accurate and fair. The basics of our original PIP are that inventors receive (or co-inventors share): $500 for each provisional filing, $1500 for an actual patent filing (with full claim-sets defined), and $5000 for any patent that is granted by the USPTO. While the current program seems fair to our staff, we have been unable to find anything to compare it to. Moreover, the revamp of the program is likely to grant an equity stake in the company (via an Options grant) rather than cash payouts. I've scoured Google for information, but because internally documented PIPs aren't generally public knowledge, the results are limited. Thus, I have decided to ask Slashdot users: How does the company you work for handle Patent incentives? Do they have them at all? Are they cash or equity based?" top
SoulMaster (717007) writes "Quite a few news sites, including Byte and Switch are running stories this morning about Intel's investment in Amazon S3 competitor Nirvanix. From the article: "Nirvanix today announced that it has added Intel Capital, a leading venture capital organization, to its investor base. The investment will provide the Company with additional opportunities to further technology advancements of its Storage Delivery Network optimized for media applications, and further accelerate its global build-out of storage nodes to meet swelling demand for its online storage service."" Link to Original Source top
SoulMaster (717007) writes "New start-up, Nirvanix, has announced a storage platform to compete directly with Amazon S3. According to their release, "Emerging from stealth mode today, San Diego-based startup Nirvanix is unveiling its new business-to-business storage delivery service (SDS) that offers on-demand Internet storage for Web 2.0, media application, service provider and consumer electronics""