Snap bought a patent for geofilters for $ 7.7 million. To protect from Facebook

in #bitcoin7 years ago

 

Snap, which owns the Snapchat instant messenger, acquired a patent for geofilters for $ 7.7 million. The patent was purchased from Mobli, an Israeli competitor to Instagram, who received it in 2012. This is reported by The Verge.

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Facebook is desperate to take Snapchat's users from it, even by blatantly copying all Snapchat's features. I Don't quite understand how they are legally allowed to do that...Intellectual Property theft....almost?

Our laws here say that if you modify 3-6% it us considered a new thing just like the words apple and ample, one subtle change and it is truly different.

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