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Over the course of the past year a case about four financial software patents has taken on great significance. In 2007, Alice Corp accused CLS Bank of infringing its patents on a type of computerized trading platform that used "shadow accounts." In the years since then, the Supreme Court has significantly tightened up the rules about what is patentable. In 2011, Alice's patents were thrown out by a federal judge, who ruled they didn't cover patentable subject matter.
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