GOOG,FB: A federal appeals court is scheduled to hear...

6:11 AM A federal appeals court is scheduled to hear arguments today over when software is patentable. On the one side, tech giants such as Google (GOOG) and Facebook (FB) reckon the patent office has been to generous with its awarding of patents - no irony intended. On the other side, IBM (IBM) and a collection of other tech companies and patent trolls argue that tightening up the standards will harm innovation. The case itself is between CLS Bank and Australian firm Alice Corp. Read comments

GOOG price at time of publication: $773.95. Check GOOG price now »

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