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The 650 patents that Facebook acquired from Microsoft are “web-related” said a source with knowledge of the deal and listed some specific examples. The source said the portfolio includes patents related to: instant-messaging, e-commerce, LTE, mobile, handsets, search and advertising. Read more »

Mark Zuckerberg
photo: Background: Shutterstock/Thomas Pajot & Zuckerberg: Jason McELweenie/Flickr

Facebook announced today that it will pay $550 million for the right to 650 patents and patent applications from Microsoft.

Microsoft acquired those patents and hundreds of others in a deal with AOL earlier this month. Read more »

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