NEWS FLASH Software Patents To Get Supreme Court Review

[visionlogic]

This is gonna get interesting....

"The U.S. Supreme Court will rule for the first time in decades on patent protection for computer software, taking up a case that has divided the industry and may reverberate through the American economy.

The justices today agreed to hear arguments on a patented system for limiting the risk that one party to a derivative trade won’t follow through on its obligations. The case splintered a federal appeals court in a ruling that one judge said called hundreds of thousands of patents into question."

LINK

 

[Mark D. Montgomery II]

"On the other are Microsoft Corp. (MSFT:US) and Oracle Corp. (ORCL:US), whose trade group told the appeals court that limiting protection for genuine innovation could hurt the nation’s economy."

And there you have it. The ones who don't want the system fixed are the ones who rarely do anything truly innovative and have so much money they don't care about the trolls that are destroying the rest of the world.