Thursday, August 05, 2010

Facebook Buys $40 Million Worth of Social Networking Patents [Mashable]

tbd if this is anticipatory offense or defense (or both…)

Facebook has acquired a broad set of patents on social networking covering the basic functions of just about any social app, ranging from friend lists to the news feed.

The patents were acquired from Friendster, which has been awarded a wide array of social networking patents over the last decade. According to VentureBeat, there are 18 patents in all; GigaOm reports the price of the portfolio was $40 million.

Facebook Buys $40 Million Worth of Social Networking Patents

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