Who Is The Real Copy Cat – Facebook Or Yahoo?

Must Read

Free Netflix in India: A Result of Slow Growth In Q3 2020?

Netflix is testing a new strategy that could lead to free Netflix in India. The online streaming...

Tesla First Cancels Return Policy And Now Cuts Warranty Period

Just last week Elon Musk surprised everyone by cutting the price of Tesla Model S twice in...

Jio Pages: The Indian Browser Reliance Is Betting On Now!

Looks like Reliance wants to establish Jio as a synonym of technology. After launching a fleet of...

The tussle between Yahoo and Facebook over Patent issues is heating up with each passing day as both the companies have still not come to the point of intimacy. Yahoo is continuously threatening Facebook that it may be liable to take some stiff legal action against it if it not resolves the patent issue soon.

Unfortunately, a twist arises in tussle as Friendster founder – Jonathan Abrams – has stated that Yahoo too had copied Friendster feature  for its Yahoo 360 which is now owned by Facebook.

“I don’t think Facebook really copied anything From Yahoo,” Abrams Tweeted, “but Yahoo once copied Friendster (whose patents FB now owns)”

Apparently, Abrams is right up to some extent as Friendster had got its first patent on social networking technology namely “A System, Method and Apparatus for Connecting Users in an Online Computer System Based on Their Relationships within Social Networks” in 2006, which Friendster filed back in 2003.

Advertisements

One will be surprised to know that after denying the offer for the buyout by Google – which is considered as one of the worst decision in Silicon Valley history – Friendster was granted many patents in the social media arena. In 2009 MOL global acquired Friendster for $26.4 million.

Later, Facebook acquired Friendster’s patents from its parent company MOL global for $40 million. Currently, those patents are worth over $100 million.

However, Yahoo 360 was officially closed by Yahoo on July 13th 2009 – just before Facebook purchased the Friendster’s patents. So, the ball is still in Yahoo’s court as it would be quite difficult for Facebook to prove that Yahoo ever leveraged over such patents for any of its services. Its indeed difficult for Facebook to prove such allegations in the court of law.

Adding further; Yahoo had nice experience of making money from the companies who are launching their IPO for the first time in the market. As it had already sued Google over several patent issues at the time of its IPO filing, which was later settled down as Google offered loads of shares to Yahoo.

I feel Facebook should ask Microsoft to intervene the issue as Microsoft had already guarding Facebook from getting acquired by some of the industry giants by purchasing 1.6 percent of the Facebook share back in 2007. In addition, Microsoft holds 10,000 of patents compared to Yahoo and Facebook that have 1,000 and 20 patents respectively. Besides, Microsoft has also got strategic tie-up with Yahoo for search engine and may influence Yahoo to transfer few patents to third-party like Facebook.

Advertisements

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest News

Google Boots Out 3 Immensely Popular Android Apps from Play Store: Questions About Content Policing Resurface

With such a flourishing wilderness of Android apps on the Google Play Store, there is every likelihood...

Reliance Future Group Deal In The Soup: SIAC Orders To Put The Deal On Hold

When Reliance agreed to acquire Future Group for $3.4 billion, recently, the share of Reliance Industries Limited rallied on the stock market....

Can Facebook Be Trusted For Newly Announced Hosting and Shopping Services?

Every coin has two sides. For Facebook Inc. (NASDAQ:FB), the positive side says that it has launched interesting, new features to further...

When the Going Gets Tough, the Tough Gather Online

Tech shows; we all know them, love them, and wish we could get to them. Unfortunately, that's not always possible. Or is...

Flipkart, Amazon Hurtle To Secure Their Slice in Aditya Birla Fashion

The battle conch for the festive season has already been blown. Now in a bid to take control of a new frontier,...

Jio Pages: The Indian Browser Reliance Is Betting On Now!

Looks like Reliance wants to establish Jio as a synonym of technology. After launching a fleet of Jio products in the last...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter,...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one...

More Articles Like This