If Apple Inc. (NASDAQ:AAPL) really did decline to participate in Intellectual Ventures’ latest acquisition fund, it would be a key departure from a major funder. Many have accused IV of acting like a patent troll. The company has been criticized because it doesn’t actually make products. Instead, critics say IV just exploits the patent system by threatening to sue companies and charging royalties.
Microsoft, Sony invest in IV; Apple, Intel don’t
Reuters cites unnamed sources who said Microsoft Corporation (NASDAQ:MSFT) and Sony Corporation (ADR) (NYSE:SNE) (TYO:6758) both paid into IV’s new acquisition fund. However, Apple Inc. (NASDAQ:AAPL) and Intel Corporation (NASDAQ:INTC) apparently didn’t. Both Apple and Intel have supported IV in the past.
Since its founding by Will Thomson and Chip Russell in June 2016, the