Microsoft has filed suit against Comet - a leading British electronics distributor - for allegedly creating and selling nearly 100,000 counterfeit copies of Windows XP and Vista proprietary CDs.

Each new year brings the opportunity for a business to reassess its priorities and revitalize its operations. For a number of organizations, 2012 could be the time to take stock of their intellectual assets and devise new strategies to leverage their worth.

In accordance with the Omnibus Appropriations Act of 2009, the U.S. Copyright Office has issued a report suggesting that sound recordings made prior to February 1972 be brought under its jurisdiction to protect the interests of associated stakeholders.

A report released this week by the United Nations World Intellectual Property Organization revealed a strong rebound in global IP filings in the wake of recession.

Late last week, Penn State University enacted several crucial changes to its intellectual property policies governing industry-sponsored research. As a result, officials now believe that barriers to innovation have been meaningfully lowered, placing the university in prime position to advance the nation's economic recovery.

The Intellectual Property Exchange International (IXPI) - touted as the world's first centralized marketplace for intellectual assets - has revealed the funding commitments of its founding members ahead of the trading infrastructure's 2012 debut.

After several industry leaders and civil liberties advocates took exception to a number of the provisions included in the Stop Online Piracy Act (SOPA) and PROTECT IP Act, Senator Ron Wyden and Representative Darrell Issa have released the draft to alternative legislation that has already garnered bipartisan support.

Although Apple jumped out to an early lead in the tablet market with its 2010 debut of the iPad, the company may soon lose the rights to the name of its prized product following recent developments in a trademark dispute with Shenzhen, China-based Proview Technology.

With reports suggesting that intellectual property theft could be costing the American economy hundreds of billions of dollars in annual revenue, cybersecurity specialist Symantec has released new research providing insight into the business conditions that foster insider data breaches.

As more of the patents behind some of the nation's most popular prescription drugs continue to expire in the coming months, the Supreme Court is already being asked to weigh in on intellectual property issues that may shape the competitive landscape of the pharmaceutical industry.