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Top US court sifts arguments on software patents

A view of the US Supreme Court seen from the top of the US Capitol dome in this December 19, 2013 in WashingtonThe US Supreme Court heard arguments Monday on whether patents can be enforced for software-created business practices, in a case likely to have a big impact on the tech sector. Justices appeared to express skepticism over the patent argument in the case brought by Alice Corp. against CLS Bank over its patented process for financial transactions. “All you’re talking about, if I may use that term, is an idea,” said Justice Anthony Kennedy, in an exchange with Alice Corp. attorney Carter Phillips. The attorney for Alice Corp, an Australian-based financial services firm, said that a ruling against the company “puts hundreds of thousands of patents in balance.”

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