Posts Tagged: "platform"

Facebook’s Efficient Infringement of Social Media Platforms Continues to Impact Snap Shareholders

Snap has attempted to remain competitive with new features, such as increasing the allotted time for video capture and introducing new drawing tools this May. But it hasn’t been able to gain a foothold against Facebook, a company which reportedly offered to buy Snap for $3 billion prior to Snap’s IPO… “If we are unable to protect our intellectual property, the value of our brand and other intangible assets may be diminished, and our business may be seriously harmed,” one of the section titles in Snap’s S-1 filing reads. Of course, in the current IP landscape, there is no real ability to protect that property, especially where it pertains to patents. And Facebook’s copying of features which are valuable on the Snapchat platform has been blatant.

Facebook drops efficient infringement clause from its React software license

In late September, an official blog post published by Menlo Park, CA-based social media giant Facebook (NASDAQ:FB) and penned by Adam Wolff, the company’s engineering director, announced that the company would be adopting a software license agreement known as the MIT License for many of the company’s open source projects. This includes Facebook’s React platform, a Javascript library for building front-end user interfaces on hardware products. The use of the MIT License moves Facebook away from a prior software license known as the BSD + Patents License that included language which put patent owners using the React platform at a serious disadvantage.