SCOTUS Uses Scalpel, Not Axe, On Software Patents

By | June 19, 2014

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The Supreme Court on Thursday made it easier for lower courts to snuff out software patent infringement lawsuits, unanimously ruling that patents don’t apply to the computerization of general ideas. The court ruled in favor of New York-based CLS Bank International, which constructed a method of settling foreign-exchange transactions. A limited-purpose bank, CLS settles as many as 1.9 million foreign exchanges per day. Single-day Scalper1 News

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