On Thursday, the Supreme Court issued a unanimous ruling in the Alice v. CLS Bank, reaffirming that abstract ideas are not eligible for patent protection.
“We applaud the Court for its ruling, and in particular their recognition that the patents in question are not software patents. The Alice claims describe a method for reducing risk in financial transactions, with no connection to any technological innovation,” wrote Horacio Gutierrez, deputy general counsel and corporate vice president, Legal and Corporate Affairs at Microsoft, in a blog post Friday.
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