Expense management system providers Abacus Labs and Expensify in June agreed to end a patent infringement suit brought by the latter a year earlier. The suit sought to recover damages from Abacus’ alleged infringement of Expensify patents related to scanning receipts and matching them to credit card data. The U.S. District Court for the Southern District of New… Read More »
[UPDATE, August 1, 2018: Abacus and Expensify agreed to dismiss all claims. More information here.] [UPDATE, Aug. 18, 2017: Abacus Labs Inc. asked the U.S. District Court for the Southern District of New York to dismiss Expensify’s claims because, Abacus argued, the patents in question are not valid. “These patents are directed to the abstract idea of correlating… Read More »
As they work for advantage, clients, suppliers and those in between keep business travel management interesting. Changes to underlying and consumer-facing technology make it a dynamic business function. The personal and geopolitical elements of business travel offer points of note from the micro to macro levels. As one of our featured practitioners noted, this job is about economics, geography, psychology and then some. And so last… Read More »
[UPDATE: Sabre on May 14, 2015, announced the acquisition of Abacus International.] Sabre Corporation on Monday revealed in a financial filing that this quarter it may agree to an acquisition for its Travel Network GDS division. The acquired company would cost around $500 million, add about $250 million in revenue and improve earnings starting next year. Sabre declined to… Read More »