The Supreme Court ruled that two inventors' patent of a method of hedging weather-related risk in energy prices can't be granted. The high court unanimously agreed with a lower-court ruling that said a process is eligible for a patent only if it is "tied to a particular machine or apparatus'' or if it "transforms a particular article into a different state or thing.''The happiness was muted, though, when I read what actually transpired. Suffice it to say, this abstract is almost precisely wrong, or at least fabulously misleading: while the Court did shoot down the Bilski patent (as hoped), it did so on deliberately narrow grounds, and explicitly did *not* support the lower-court ruling. Indeed, the ruling was pretty disappointing for those of us who would like to see the software-patent regime simply scrapped.
I'm normally inclined to assume incompetence rather than malice, but I have to say that my suspicions about the WSJ have been growing lately. Ever since it got bought by Rupert "I'm not evil, I'm just a businessman" Murdoch, I've been noticing the slow trend towards it becoming a mouthpiece for his political views. So despite myself, I'm acidly looking to see if there is an agenda -- a Fox-News style reason to try to scare people into pushing for more extreme positions. Anyone have a reason to believe there is one?