Twitter buys 900 IBM patents

Twitter buys 900 IBM patents

NEW YORK: Twitter says it has bought 900 patents from IBM and that the companies have entered into a cross-license agreement.

 

Financial terms weren't disclosed. 

Ben Lee, the short messaging service's legal director, says the deal provides Twitter with greater intellectual property protection and freedom to innovate.

Twitter buys 900 IBM patents

Twitter buys 900 IBM patents

NEW YORK: Twitter says it has bought 900 patents from IBM and that the companies have entered into a cross-license agreement.

 

Financial terms weren't disclosed. 

Ben Lee, the short messaging service's legal director, says the deal provides Twitter with greater intellectual property protection and freedom to innovate.

Twitter announces plans for stock offering

NEW YORK: Twitter announced Thursday, in a tweet, that it has submitted papers for a stock offering, the most hotly anticipated in the tech sector since Facebook's last year.

"We've confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale," the company tweeted.