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Report: Facebook bought 750 patents from IBM

IBM has been friendly in selling patents to younger tech companies in the past.
IBM has been friendly in selling patents to younger tech companies in the past.
STORY HIGHLIGHTS
  • A report says Facebook has acquired 750 patents from computer-systems giant IBM
  • Facebook has just 56 patents compared with the thousands stockpiled by the likes of Apple
  • Many tech companies are using patents to generate revenue and discourage competition