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FAANG

The Sky Is Not Falling: COVID-19’s Impact on Patent Filing and Prosecution

Following industry news these days, it’s hard to avoid theories that the economic instability created by COVID-19 will be the death of patent prosecution.

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The Road to $1 Trillion Valuation: FAANG Patenting at the USPTO

Less than six weeks apart, both Apple and Amazon hit major milestones, reaching $1 trillion in valuation. (Apple on August 2, 2018, and Amazon on September 4, 2018.)

These two tech giants, along with Facebook, Netflix, and Google, are often grouped under the acronym “FAANG,” and are synonymous with rapid growth and innovation. As a group, the five companies command over $3 trillion in market capitalization and hold thousands of patents.

But from a patent prosecution perspective, how similar are they? What does FAANG patent prosecution activity tell us about organizations on their way to (and surpassing the) $1 trillion benchmark?

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