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Facebook acquires $40M worth of social networking patents

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Facebook alternatives like Diaspora might be out of luck because the popular online company just bought forty million dollars worth of social networking patents from forgotten social media kick-starter Friendster. From photo-tagging to “a system, method, and apparatus for connecting users in an online computer system based on their relationships within social networks”—Facebook now owns the rights to it.

Full story at Mashable.

Total Facebook coverage.

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1 Comment

  • mdeering

    Anyone else find it ironic that Facebook that supposedly comes ripping of his classmates work/ideas owns software patents.

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