Tool coupler with data and signal transfer methods for top drive

Equipment and methods for coupling a top drive to one or more tools to facilitate data and/or signal transfer therebetween include a receiver assembly connectable to a top drive; a tool adapter connectable to a tool string, wherein a coupling between the receiver assembly and the tool adapter transfers at least one of torque and load therebetween; and a stationary data uplink comprising at least one of: a data swivel coupled to the receiver assembly; a wireless module coupled to the tool adapter; and a wireless transceiver coupled to the tool adapter. Equipment and methods include coupling a receiver assembly to a tool adapter to transfer at least one of torque and load therebetween, the tool adapter being connected to the tool string; collecting data at one or more points proximal the tool string; and communicating the data to a stationary computer while rotating the tool adapter.