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Newegg scores patent infringement victory
Newegg opened 2014 with a victory over patent trolls.
"Newegg believes that fighting patent trolls is necessary to serve our customers, and to facilitate entrepreneurship and true innovation," said Lee Cheng, Newegg's chief legal officer. "We support the patent system, but believe it is being abused on a massive scale by patent trolls who want to force entrepreneurs into cash settlements to avoid the high cost of defense."
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Grupo Gigante to sell shares in Office Depot Mexico
New York -- On Tuesday, Mexican retail company Grupo Gigante said in a regulatory filing that it will list shares in Office Depot de Mexico, the local division of the U.S. office-supply chain it purchased last year.
The listing would be public in Mexico and private in the United States and other markets.