Page 7 - Business Facts

Why doesn't the US Patent Office let Apple trademark the name iPad Mini?


iPad, iPhone, iPod, all of these items are quickly identifiable because to be Apple products because of the 'I' prefix before each name. However, as it turns out, Apple is unable to copyright that prefix - which means just about any company could use it!

The reason for this being is that when Apple applied for the patent, in the US Patents and Trademarks Office, they were denied. Apple was denied because according to the US Patent Office, you can't patent the name of something if it fits into the description of that item.

Thus, the 'I' in the names of Apple products denotes 'internet'. This means that the letter 'I' as a prefix describes the item of having internet access. Therefore the 'I' is just describing what the product is - which is something you can't put a copyright on!

Confused? It's a little more simple with the patent for the 'iPad Mini'. Apple was unable to trademark "MINI" because it describes that current model of iPad to be smaller than all the other models of the iPad. Again, they were denied because the word they tried to copyright is just descriptive!

You can't copyright words that describe your product! For example, you can't copyright the name of purple microwave if it is called "Purple microwave"

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Australia has a fake Target complete with the same logo and colors!


If Target Corp. Had a twin in a parallel universe, that retailer might carry the same name, logo and slogan and operate on the opposite side of the alternative Earth. Say, Australia.

As it turns out, Target’s Down Under doppelgänger is quite real. Target Australia not only sports the same red and white bull’s-eye logo but also a motto that reads “Get More. Pay Less.”

Sound familiar?

Target officials in Minneapolis, though, want to make something abundantly clear: The two retailers are completely different companies.

The similarities are so strong between the Targets that people sometimes confuse the two, a problem that might get worse as U.S. Target further expands across the globe.

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Gas is only 8 cents per gallon in Venezuela!


It seems like gas prices are constantly on the rise around the world. As the amount of oil that we have access too, we are more than likely to see a spike in gas prices.

But before you start to complain about your gas prices, just be thankful that you don't live in France. The gas prices in France are on average, $8.29 per gallon!

In countries where oil is a frequently found natural resource, gas prices are lower. This makes a lot of sense when you think about it because the country already has the gas in their possession!

This is the reason that Venezuela has the low gas price of 8 cents per gallon! The citizens are able to enjoy gas at such a low price because of the subsidies put on the resource thanks to President Hugo Chavez!

In oil rich countries, oil is seen as a natural resource that should be provided cheaply to all members of it's society because they are entitled to it!

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Some awesome lists!

After mortgages, student loans are the largest source of debt in the US!


Student debt is a form of debt that is owed by an attending, withdrawn or graduated student to a lending institution.

The lending is often of a student loan, but debts may be owed to the school if the student has dropped classes and withdrawn from the school.

Withdrawing from a school, especially if a low- or no-income student has withdrawn with a failing grade, could deprive the student of the ability of further attendance by disqualifying the student of necessary financial aid.

Student loans also differ in many countries in the strict laws regulating renegotiating and bankruptcy. Due payments may be a retroactive penalty for services rendered by the school to the individual, including room and board.

Student loan debt is the largest form of consumer debt outside mortgages, and it now stands at 1.1 Trillion.

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Steve Wozniak gave much of his Apple stock to employees who didn't get stock before the IPO!


Steve Wozniak is an American inventor, computer engineer and programmer who co-founded Apple Computer with Steve Jobs and Ronald Wayne.

Wozniak single-handedly invented both the Apple I and Apple II computers in the late 1970s. These computers contributed significantly to the microcomputer revolution.

In order for you to understand this is important for you to know that an initial public offering (IPO) is a type of public offering where shares of stock in a company are sold to the general public, on a securities exchange, for the first time.

This man was pretty awesome. Steve Wozniak gave much of his Apple Stock to employees who otherwise would not have received stock after the IPO. Thanks to this apple has grown as a company and has become what it is today.

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