By Grant Gross | IDG News Service Postedon June 19, 2014
An abstract idea is not patentable simply because it is tied to a computer system, the U.S. Supreme Court has ruled, potentially making it more difficult to patent some software in the future.
The computerized trading platform for currencies owned by Australian company Alice is too abstract to be patented, the Supreme Court ruled unanimously, in Alice v. CLS Bank, released Thursday. The Supreme Court upheld a May 2013 U.S. Court of Appeals for the Federal Circuit ruling in favor of CLS Bank, which operates a global currency exchange. The Supreme Court ruling invalidates the Alice patents.
InfoWorld/ full read here/ http://www.infoworld.com/d/the-industry-standard/supreme-court-abstract-idea-isnt-patentable-when-tied-computer-244669
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