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Coverage this time from Trevor Little (TL), Tim Lince (TJL), Adam Houldsworth (AH) and Timothy Au (TA). Alibabacoin hits back at accusation of trademark infringement – We reported last week on Alibaba accusing a Dubai-based cryptocurrency developer, Alibabacoin, of trademark infringement. A lawsuit was filed by the Chinese e-commerce giant in the United States last week, accusing the defendant of a “ploy” to use the Alibaba name to raise over $3.5 million in cryptoassets from investors through Initial Coin Offerings – therefore engaging “in a willful and concerted campaign to cause the public to believe falsely that Alibaba is the source of defendants’ products and services”. Now, a week later, and Alibabacoin has publicly hit back. In an email to Forbes , the Alibabacoin Foundation states: “The word Alibaba does not belong to a certain entity or individual. Alibaba.com may have protection afforded by the trademarks acquired, however, [the] word Alibaba is free of use in its legitimate business activities.” With no sign of the cryptocurrency company backing down, it looks like this could be a bitter battle between the two sides. (TJL) Owner of Smiley trademark targets Indian market – The Smiley Company, the owner of the Smiley trademark, is looking to expand the influence of its famous mark by teaming up with licensing and merchandising agency Dream Theatre to commercialise the smiley symbol in India. The mark is already registered in over 100 countries and 14 product categories, but The Smiley Company is now hoping to extend its licensing business into India and is currently creating a shortlist of licensing and merchandise applications for the brand, including food and beverages and daily-use items. The company has stated it is eschewing a one-size-fits-all approach; despite fashion and lifestyle accounting for the majority of its revenues, fast-moving consumer goods are higher in value in India and will be focused on more. (TA) TrademarkVision in awards contention – Visual search company TrademarkVision is a finalist in the 'Exporting Innovation' category in the 2018 CRN Impact Awards. The award – established by CRN, an Australian news and insight platform for IT resellers, service providers, distributors and vendors – is dedicated to Australian technology firms that have developed their own intellectual property, successfully commercialised it and are winning export sales from international customers.
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