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Simple English definitions for legal terms

State Street Bank

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A quick definition of State Street Bank:

State Street Bank is a court case that happened in 1998. It made it easier for people to get patents on computer software and questioned the idea that business methods cannot be patented. The court said that instead of focusing on whether something is a mathematical algorithm, they should look at whether it is useful and practical. This decision changed the way people think about patents for software and business methods.

A more thorough explanation:

State Street Bank is a landmark court decision that made it easier to get patents on computer software and questioned the idea that business methods cannot be patented. The decision was made in 1998 by the Federal Circuit.

The court ruled that mathematical algorithms, which are the foundation of software, can be patented if they result in something useful, concrete, and tangible in practice. This decision opened the door for many software patents that were previously not allowed.

For example, a company could now patent a software program that helps with financial analysis or a business method that improves efficiency in a certain industry.

The State Street Bank decision has had a significant impact on the technology industry and has led to many new patents being granted. It has also sparked debate about the role of patents in the software industry and whether they hinder innovation or promote it.

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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