PATENTS FOR SOFTWARE AND GENETIC CODE COULD BE REVIVED BY TWO BILLS IN CONGRESS

Summary from the TLDR newsletter

The Senate Judiciary Committee is scheduled to consider a pair of bills that would effectively nullify the Supreme Court's rulings against patents on broad software processes and human genes. Software and Internet advocates have taken notice and are taking steps to defend open source software against patent trolls. Regulators say the bills are necessary for a number of emerging sectors to prevent the stifling of innovation. Detractors say that the bills will be a huge gift to patent trolls, tech firms that aggressively license patents, and patent lawyers, but will be a loss for everyone else.