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...nonobvious, such a patent should be something that "is tied to a particular machine or apparatus" or "transforms a particular article into a different state or thing." This has since been known as the "machine-or-transformation test" and has sent shockwaves through the information-technology industry. (See the Tech Buyer's Guide...
...Tech powers IBM, Microsoft, Google, Yahoo! and financial firms like American Express and Goldman Sachs control hundreds of such business-method patents for everything from search-engine optimization to risk assessment. And if you have ever bought something on Amazon, you've probably used the company's patented 1-Click ordering process. (See the 50 best websites...
...just foreclosing patenting in a whole area," says Duffy. Instead, he thinks the court should strengthen rules for what makes an innovation nonobvious. And it could have an effect on a number of industries. More than 70 supporting briefs were filed in this case - including some by tech majors, financial firms and drugmakers - indicating the kind of repercussions this ruling could have on business...
...about Kilpatrick and his bodyguards' efforts to conceal his extramarital affairs. Then came a text-messaging scandal, which revealed that Kilpatrick and his chief of staff, Christine Beatty, had lied under oath about a sexual relationship that apparently had existed since their days at Detroit's élite Cass Tech High School. (See more on TIME's Detroit blog...
...showdown with frugal shoppers. "Inventories are in good shape, but sales may suffer more than we thought as retailers are forced to blink on promotions to drive traffic," says Jeff Black, director at Barclays Capital, who expects holiday sales to be flat with year-ago levels. (See 20 tech gadgets...