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Gagglescape tracks the flow of venture capital and angel investment in a global economy.
Friendster Gets Key Social Networking Patent
![]() Arstechnica reports today that Friendster received a critical social networking patent recently. Remember when Amazon got that patent for one click Internet shopping? Those patent war days are back again with Friendster's announcement last Friday of a process that seems so obvious it must be in the public domain...: The patent, which was awarded to Friendster and lists Jonathan Abrams as the inventor, outlines a system, method and apparatus for connecting users in an online computer system based on their relationships within social networks. Friendster has suffered recently at the hands of the more popular and highly funded MySpace. It filed a number of patents four years ago on the advice of its VC backers. Those applications are now paying off. One wonders how this will impact the competition.
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Posted by the editor on 07/10
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