"The genesis of this idea was when I was at Microsoft." —Nathan Myhrvold, WSJ: Transcript: Myhrvold of Intellectual Ventures
WE finally have some more good news regarding Microsoft's pet troll, Intellectual Ventures (IV), which has been funded by and works with Bill Gates.
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"Anyone who is not intellectually dishonest because he or she does patent 'business' for a living would probably acknowledge by now that software patents are on their death throes.""US business method patent applications down 52.4% since Alice," moaned the patent lawyers in Twitter, pointing to their new analysis which states that: "Companies have pulled back drastically from filing business method patent applications in the US. Managing IP analysed figures for USPTO applications in patent class 705, the class covering "data processing" in which business method patents are placed.
"Patent applications in class 705 not only plummeted after the Alice decision on June 19 2014, but have kept tumbling.
"Some 8,620 class 705 patent applications were filed in the 12 months between July 1 2013 and June 30 2014. In the same period 12 months later, after Alice, the figure was 4,106 – a 52.4% drop."
Patent maximalists that glorify the world’s biggest patent troll (IV) are now offering their ‘analysis’ (actually, offering by proxy), claiming that "Software Patents Are Resilient in the Wake of Alice Corp. vs. CLS Bank".
Yeah, right. And the world is cooling down, too. According to News Corp. and other oil tycoons-connected 'news' networks. Anyone who is not intellectually dishonest because he or she does patent 'business' for a living would probably acknowledge by now that software patents are on their death throes. ⬆