Tag Archives: mobile industry

morning-coffee

Will Candy Crush Its Competitors?

Considering that addictive puzzle game Candy Crush Saga has been downloaded more than 500 million times, that doesn’t leave many of us behind who haven’t been tempted by the candy sensation. It’s creator, King, has experienced an explosion in popularity since launching on Facebook in 2011 with its saga games, where players move through a competitive landscape and pass their friends on the way. Candy Crush Saga was the top downloaded free app for 2013, and the year’s top revenue grossing app.

It has become such a success, that King has decided to protect its intellectual property by trademarking the word “candy” in Europe and is in the process of obtaining protection for “candy” in the U.S. The trademark will also apply to apparel and other categories because merchandising is big business. It is somewhat surprising that a company would attempt to claim ownership of a word as generic as “candy” but they have their reasons. King has claimed that their IP is constantly being infringed so they need to enforce their rights to protect their players from confusion. They don’t, however, intend to enforce against all uses of “candy” as some are legitimate.

The usage of “candy” is so generic that in many instances it will be hard for King to make a case in court. The company would have to prove that confused consumers think the products are related. So, for example, unless consumers are likely to confuse games with chocolate, it doesn’t seem that Mars needs to worry too much about its M&Ms chocolate candies getting crushed any day soon! Or does it?!

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NokiaLumia

Nokia to Pay $487 million to India in Factory Transfer Tax

Nokia Oyj (NOK1V) has been trying to transfer a factory in India to Microsoft Corp. (MSFT) but has ran into problems with local tax authorities that have frozen the deal. Nokia appears ready now, however, to sell out at least 355 million euros ($487 million) to Indian authorities to effect the transfer, according to reports given by Bloomberg.

Should India’s government approves the transfer of assets, which include a manufacturing plant in Chennai, Nokia is willing to pay at least 270 million euros in addition to the previously announced 85 million euros. The tax dispute that the company is currently facing with India’s government froze the assets in September and if the matter does not get resolved quickly Nokia might be forced to look for new buyers because Microsoft may lose interest if the transfer does not begin this week. Microsoft has agreed to purchase Nokia’s mobile-phone business for 5.44 billion euro as the latter company shifts its focus on network equipment.

Nokia reported in an e-mail statement that it’s dedicated to unfreezing its assets and has called upon India’s government and tax agency for a speedy procedure.

In a different statement, India said that should the freeze last beyond 12 December the factory, which was built in 2006, may not be transferred to Microsoft.

The hearing for the status of Nokia’s assets is scheduled to take place later today in the Delhi High Court.

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