Updated from 8:48 a.m. EST with recent trending search topics.

NEW YORK (

TheStreet

) -- "Patent law" is a popular search topic following news that the United States Senate plans to rework the 1952 Patent Reform Act. The changes would look to update the patent system to effectively deal with the quickly evolving technology of biogenetics and artificial intelligence.

There are currently about 1.2 million applications pending, and it takes the U.S. Patent and Trademark Office about three years to process a patent application.

"Hundreds of thousands of patent applications are stalled" at the patent office, Judiciary Committee Chairman Patrick Leahy said. "Among those is the application for the next great invention."

The bill would change the patent procedure to a first-to-file system from a first-to-invent application, which would be geared to protect inventors who "publicly disclose their inventions before seeking patents," the

Associated Press

reported.

"Dr. Seuss" is a trending search topic as the birthday of famous author Theodor Seuss Geisel approaches. Wednesday, March 2 would have been Geisel 107th birthday.

Dr. Seuss is the author of 44 children's books, including his most famous and bestselling

Green Eggs and Ham

,

The Cat in the Hat

and

How the Grinch Stole Christmas

.

U.S. President Barack Obama named March 2 "Read Across America Day" in honor of Geisel.

"Windows Phone" is a trending search topic after

Microsoft

(MSFT) - Get Report

released the first software update for Windows phones.

"This first update for Windows Phone is designed to improve the software update process itself," Microsoft Windows team writer

Michael Stroh posted on the official Windows blog on Feb. 21

.

He said that the "update is a relatively small one" but it's "still important because it's paving the way for all future goodie-filled updates to your phone, such as copy and paste or improved Marketplace search."

A few days later

Stroh took to the Windows blog again

after Microsoft received a number of complaints from users claiming they were experiencing technical issues when trying to install the new software patch.

Stroh said that most installs failed due to either "a bad Internet connection or insufficient computer storage space."

"Stock market" is a heavily searched topic on Monday morning following an announcement that Egypt's stock exchange will reopen on Tuesday after being shut down for one month,

Reuters

reported, citing a statement from the cabinet, and U.S. stock futures pointed to a slightly higher open after the Commerce Department reported 1% growth in personal income in January.

>>Futures Higher Amid Geopolitical Tensions

Personal spending increased 0.2% in January, slightly weaker than an expected increase of 0.4%. Personal income rose 1%; analysts expected it to rise 0.1%. In December, personal spending rose 0.7%, and personal income was up 0.4%.

Rebels in Libya took control of territory near Tripoli and allowed oil shipments to resume for the first time in more than a week. Crude oil for April delivery was trading 9 cents higher at $97.97 a barrel.

The chatter on Main Street (a.k.a. Google, Yahoo! and other search sites) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on the Web, and highlights the news that could make stocks move.

--Written by Theresa McCabe in Boston.

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