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

IBM Connects to Other Universities

ibm

The prominent Watson computing system, IBM will be making history as it fights in a special version of quiz show Jeopardy! between previous champions Ken Jennings and Brad Rutter. The momentous man-machine match to be aired February 14-16 will show the stride completed in the development of the question answering (QA) technology that forms the backbone of the Watson computing system.

The name of eight universities who have been working together with IBM Researchers to advance the particular technology was announced presently by IBM.  The following are:  Massachusetts Institute of Technology (MIT), University of Texas at Austin, University of . . . → Read More: IBM Connects to Other Universities