Summary: New examples from the news of software patents on malicious ideas
The USPTO has been granting too many patents after it lowered many bars. As of late, Techrights was relatively hostile towards the USPTO because the USPTO had become hostile to people and friendly to large corporations and to patent lawyers/trolls. There is no way indie developers can keep track of patents that are granted on software, for example. Engineers at Apple and Microsoft also confess that they don’t keep track of patents. So who is this system really for anyway? Is it just part of a pyramid scheme or cartel?
Two rival financial software firms – both based in Richmond – are no longer battling in court.
Downtown-based Wealthcare Capital Management said Thursday that it had settled its lawsuit with Powhatan competitor PIEtech and banking giant UBS Financial in a patent infringement case that questioned the definition of the act of financial planning.
It is bad enough that algorithms game the stock markets; now the organised looting industry gets monopolies on those tricks too (a subject like this is beyond the scope of this Web site).
The boosters of software patents, including an account in Twitter called “swpats”, are usually not scientists at all. They also have no evidence to back their claims with. And watch how surveillance too becomes patent monopoly:
Microsoft Patents TV That Watches Back, Counts Heads, Charges Admission
Here’s a scenario for you: at some point in the the near future, you sit down in front of your Xbox 720/960/1080 and queue up a little video-on-demand from the Live Arcade selection of movies. You select a film from the menu and, before you can press the “Play” button, you are greeted with another menu giving you several price points, depending on how many people will be watching.
And some tell us that patents improve society…