Google and the U.K. government provided an outline Thursday to turn London's East End into a hub of technological innovation meant to rival Silicon Valley in California. Google announced in a separate statement that the tech and software giant will open up a training and development center in the blossoming London neighborhood.

Spending on research and development among the world's top investors in innovation dropped in 2009 for the first time in 13 years, according to a new study by the consulting firm Booz & Company. Among the 1,000 global companies that consistently spend the most on innovation research and development, total investment dropped 3.5 percent to $503 billion in 2009.

CEOs from a number of leading American corporations jointly confirmed Sunday the need for the U.S. to invest in education and innovation in order for the country to remain a worldwide market competitor.

In what some critics are calling an attempt to further control the smartphone market, Apple announced last week that it is suing Motorola over alleged patent infringements regarding the tech giant's iPhone mobile software.

Patent authorities in the U.S. and Europe have partnered up to fuse their patent classification systems under the European standard, with the intent of simplifying the process by which patents are registered from different regions.

An ongoing dispute between Fox and Cablevision has heated up following allegations that Cablevision has been promoting illegal online viewing of copyrighted Fox television broadcasts to its subscribers.

SAP has been wading through difficult waters lately as the German software giant negotiates two concurrent intellectual property suits.

Digital security firm Gemalto announced Monday it has filed suit against Google, HTC, Motorola and Samsung over allegations that they had used technologies patented by the French company for the Android smartphone operating system.

The U.S. Chamber's Global Intellectual Property Center announced Friday it is joining a coalition of more than 40 companies in signing the Combating Online Infringement and Counterfeit Act. The signatories of a letter to Senator Patrick Leahy implore Congress to take substantial action before the convening of the 111th Congress.

The Canadian pharmaceutical giant Apotex has been ordered to pay more than $422 million to Sanofi-Aventis in a patent infringement case over the blood-thinning drug Plavix - the second-highest-selling pharmaceutical drug in the world.