Facebook Spent $83 Million for IBM Patent Acquisition

Facebook patents

A couple of news appeared today saying that the social network giant, Facebook, spent aroun $550 million to acquire 650 patents held by Microsoft. The purchase came after what appeared to be and even larger acquisition of IBM for 750 patents for an undisclosed amount.

It appears that the IBM patents that Facebook bought are not really important to the social network giant as the ones once held by AOL that Facebook purchased from Microsoft today.

In the amended S-1 of Facebook, which it filed with the Security and Exchange Commission today, the company stated that they spent . . . → Read More: Facebook Spent $83 Million for IBM Patent Acquisition

Smartphones Now Rule the US Markets

Smartphones US Markets

New information said that smartphones account for the majority of the latest mobile phone purchases in the United States.

According to newest US data of Nielsen covering the month of May 2011, 38% of the entire US mobile phone owners currently have a smartphone, with iPhone of Apple having revealed the most increase in current months.

In United States, 55% who bought a latest handset in the previous three months stated purchasing a smartphone rather than a feature phone up from 34% a year ago.  Android goes on to be the most well-liked smartphone operating . . . → Read More: Smartphones Now Rule the US Markets