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As folks who follow such things may be aware, there's been some
dispute over the origin of Square's card reader technology more or
less since the company (led by Twitter's Jack Dorsey) went public with
it last year. That dispute has now gotten even more contentious,
however, with Square and its chairman, James McKelvey, taking aim at
REM Holdings and Robert Morley, who actually holds the patent to the
technology. The key issue is that McKelvey is not listed as one of the
inventors in the patent, despite claims that he was the one that
actually conceived the idea in a "flash of inventive insight," and
that he and Morley worked together to develop the idea (and later
discussed obtaining patent protection with Jack Dorsey). And that's
pretty much where things stand at the moment -- Square is requesting a
court order to add McKelvey as a co-inventor on the patent, but
there's no indication as to when or if that will happen.
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