Financial Transparency Coalition

Tech companies have been racing to acquire as many patents as possible for the better part of the last few years. Last month, Microsoft announced that it had reached a monster deal with AOL, buying 925 patents from Facebook for $1 billion, and then quickly reaching a deal to share the patents with Facebook for a cool $550 million. Many, many more examples of all the top tech companies - Yahoo, Apple, Google, Motorola, RIM - buying and selling huge numbers of patents have proliferated. Many of these patents are frivolous. For example, Apple patented 'smartphone multitasking' and 'swipe...

WASHINGTON, DC – Global Financial Integrity (GFI) joined a coalition of professional and civil society organizations calling upon the Senate Judiciary Committee to support a provision in S. 23, The Patent Reform Act of 2011, which will eliminate tax strategy patents today.

The Guardian: Our innovative online database helped shed light on the murky world of corporate tax avoidance