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Envisioning a user-centric future...
    of smartly connected people, things, and systems

Teleshuttle works as an innovation studio – researching / developing / commercializing its innovations in collaboration with strategic partners.

Active Pro-bono Initiatives

Teleshuttle's current work features pro-bono efforts.

These build on Reisman/Teleshuttle inventions that have been placed in the public domain.

 

FairPay

 

FairPay is a radically innovative framework for relationship-centered, “customer-value-first” revenue strategies for the digital era. Its varying forms can be adapted across a wide spectrum of business contexts, both for-profit and non-profits.

 

FairPay addresses the fundamental problem of our digital economy: how to set the value (and price) of digital media and services to consumers, and how to support the continuing creation of that value. FairPay is an open architecture, not a product.

 

Current information is at FairPayZone.com:

(Older information is still on this site)

 

The Augmented Wisdom of Crowds

 

The fundamental problem of our media has become an existential threat to our democracy: the social value and truth of media content and how to manage its dissemination. Smarter combinations of human and artificial intelligence can remedy that.

 

This work details a broad architecture for collaborative media that seeks to augment the wisdom of crowds based on an advanced, multi-dimensional and multi-layered reputation and filtering system. It redirects technology to augment human wisdom (not replace it), and to counter most of the harms of current ad-engagement-driven media platforms. "Everything is intertwingled" -- we need to be more smartly intertwingled.

 

Current information is at SmartlyIntertwingled.com:

 

The Platform Business Model Synergy

 

The above two innovations intersect to suggest simple new market-driven remedies for the crisis in our media platforms.

FairPay - Beyond Freemium (public domain*)
– How to Really Exploit The New World of Networked Commerce
See current information at FairPayZone.com.

  • FairPay is a simple, but fundamental, rethinking of how businesses and consumers conduct business with one another.

  • Set prices made sense for 20th Century mass retail, but not for infinitely reproducible digital offerings in a personalized, networked world.

  • FairPay can be applied to digital content (journalism, music, TV/video, e-books), software and/or services (as well as physical products) in a wide variety of ways.

  • FairPay re-envisions elements of freemium, paywalls, dynamic pricing, value/performance-based pricing, pay what you want, subscriptions, and loyalty programs, to provide a strong and sustainable customer revenue stream. FairPay solves the nasty problems of pricing digital products and other experience goods -- and does that in a way that assures customer buy-in.

  • FairPay can delight consumers -- and sellers.  It makes efficient value-based pricing work for consumers -- and for the businesses that serve them.

  • Reisman is working on a pro-bono basis with business and academic partners on research, trials, and applications of FairPay, and offers free consultation.
    (*Reisman's patent filings related to FairPay have been released into the
    public domain and all patent disclosures have been published by the Patent Office for anyone to use.)

Other recent/continuing projects:

The Augmented Wisdom of Crowds (public domain)
– Making better use of technology to make humans smarter (not dumber)
See current information at SmartlyIntertwingled.com (right sidebar).

CoTV - linking Web browsing and mobile devices to TV viewing (sold)
– empower users with cross-screen integration of phones/tablets and TVs.

  • CoTV offers rich multi-machine UI features such as screen-shifting (much like Apple AirPlay and Google Chromecast).
  • CoTV exploits the fact that many users now watch TV on a large screen, while multitasking on a "companion" device (tablet, phone, or laptop).
  • CoTV patents also address broader and more advanced services that are emerging, including multi-machine UIs for integrating phones with smart watches and with autos.
  • These patents were licensed in 2015 through RPX Corporation to many major companies in the TV/video and smartphone space.

Search and the Social Web and Semantic Web (sold)
improve search by applying user feedback and context.

  • Apply feedback on which items are selected by others and what task/domain the user seeks relevance to ("apple" for trees or computers or Beatles music).
  • Patent relate to search and the “Social Web” or "Social Search" and to search and the "Semantic Web"
  • This portfolio was sold in 2009 to RPX Corporation, the first defensive patent aggregator.

Smart clients, Internet push distribution, and software update (sold)
– personalize and automate information distribution to smart devices.

  • This technology relates to many Internet push applications, such as app stores, content channels, offline browsing, RSS, electronic software distribution, and webcasting, as well as aspects of "smart-client" Web services, mashups, the mobile Web, and e-commerce.
  • This technology led to the 1994 founding of Teleshuttle as a software/services company.
  • The portfolio was licensed to BTG for commercialization, and BTG's licensing efforts led to patent infringement suits against Microsoft and Apple, ending in 2006, when BTG announced the sale of these patent rights for $35 million, plus a share of future profits. 
  • These patents were then controlled by Intellectual Ventures and licensed to many companies, including most major smartphone and PC vendors.

Other developments in such areas as "Big Data"/"The Internet of Things" and digital media management are listed on the Patents page.

 

     

Harvard Business Review Blog
on FairPay Strategy
Presentation on FairPay to ISSIP
...Slides and video now online

News:
Journal of Revenue and Pricing Management article on FairPay  (2/26/18)
52nd Reisman patent issues (11/1/16)
Reisman on FairPay at CUNY J-School (9/20/16)
FairPay book by Reisman published (9/19/16)
Presentation on FairPay to ISSIP (video, slides) (10/14/15)
Presentation on FairPay at Naples Forum on Service (6/11/15)
The Future of Music (MIT Enterprise Forum), co-led by Reisman (4/16/15)
Three portfolios licensed to over 200 companies (3/10/15)
The Future of Healthcare (MIT Enterprise Forum), co-led by Reisman (1/21/15)
The Future of Retail (MIT Enterprise Forum), co-led by Reisman (10/14/14)
The Future of Adverrtising (MIT Enterprise Forum), co-led by Reisman (4/24/14)
Harvard Business Review article on FairPay (11/18/13)
The Future of TV (MIT Enterprise Forum), co-led by Reisman (1/14/14)
Reisman moderates Joi Ito Fireside Chat (9/20/12)
Presentation: Patents for Entrepreneurs - 2/15/12

Presentation: FairPay - MIT Enterprise Forum - 12/1/11
Intellectual Ventures Inventor Profile (4/26/11)
FairPay: introducing a new pricing architecture (6/20/10)
Reisman search patents sold to RPX (7/6/09)
Reisman moderates "Web of Location" panel (6/18/08)
BTG sells Teleshuttle patents for $35MM+ (3/31/06)
Reisman moderates search panel with Marissa Mayer (9/28/05)

Blogs
Reisman on User-Centered Media
 
The  FairPay Zone Blog

 

Contact Information

Richard R. Reisman, President, Teleshuttle Corporation
20 East 9th Street, New York, NY 10003
(212)-673-0225
e-mail: info@teleshuttle.com

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