Facebook buys Big Blue patents -

Social not-working website Facebook has just written a large cheque to IBM to buy hundreds of patents.

Apparently Mark Zuckerberg has just worked out that he is short of Intellectual property and has decided to get some in, quick.

The lack of intellectual property was highlighted when Facebook was sued by Yahoo. Yahoo sued Facebook claiming that it infringed on 10 of its patents, including several that cover online advertising technology.

Normally the procedure would be for Facebook to counter sue with patents of its own and then the two sides will fight it out about who owns or owes the most. The only problem was Facebook only invented 56 things.

The 750 patents from IBM are for lots of different bits of technology, ranging from search to semiconductors.