Through Strategic Deal with Friendster's New Owner, Facebook Expands Patent Portfolio

If extremely broad social networking patents prove enforceable in court one day, then Facebook recently removed a big threat — and is now in possession of it. The company recently acquired 18 patents and patent applications from MOL, the Malaysia-based new owner of Friendster, as VentureBeat and GigaOm reported today, with a source telling the latter publication that the deal was part of a larger package worth $40 million.