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Friendster Patents Social Networking

Posted by ryuzaki0 on from the now-how-will-i-make-friends dept.

Pontifex maximus writes "Friendster has said that as of this week, it has a patent covering online social networks. It applied for the patent before the company's downward spiral and recent growth." From the article: "'It's way too early to say' whether the company would pursue licenses and litigation from its competitors, Friendster President Kent Lindstrom told RedHerring.com. 'We'll do what we can to protect our intellectual property.' Though the Friendster patent could be challenged in either the patent system or the courts, opponents would face an uphill battle. 'Once the patent is issued there is a presumption of validity that follows with it,' said attorney Bill Heinze of Thomas, Kayden, Horstemeyer & Risley."

3 of 96 comments (clear)

  1. Instant profitability by Billosaur · · Score: 4, Informative
    Friendster has never been profitable, but it is now on that track, Mr. Lindstrom said. The company makes money from ad sales in the United States and SMS in Asia, where users can subscribe to pay for phone alerts when their friends update their profiles.

    Of course it's on that track... the lawyers are warming up in the bullpen. Expect a spate of lawsuits within the next 6 months, trying to milk money out of anyone and everyone who might even be thought to be violating the patent. As usual, the USPTO has totally overlooked how generic the patent is and once more a software patnet threatens to gum up the works. Two words: patent reform.

    --
    GetOuttaMySpace - The Anti-Social Network
  2. Six Degrees... by Kelson · · Score: 5, Informative
    Then they'll buy out Kevin Bacon when he screams prior art.

    Actually, SixDegrees.com would be a great example of prior art. The company folded in 2001, a year before Friendster launched, and two years before Friendster applied for the patent (June 2003)

  3. Re:Just another example of how the USPTO is broken by MyNymWasTaken · · Score: 3, Informative

    will corporate America still be able to afford to apply for 10's of thousands of trivial patents?

    Yes. It will follow the same process that spamming does. They only need a marginal rate of return to jusitfy the expense.

    $50,000/patent * 1000 patents = $50 million

    One successful patent litigation = $500 million award

    That is a 1000% return on investment.

    They can then use the other 999 patents as leverage to bargain with the other large corporations.

    I whole-heartedly agree with point #1 though.