Snap reportedly buys geofilter patent that could protect it against Facebook

The Verge
By Rich McCormickApr 21, 2017, 4:03 am92 pts
Snap has reportedly signed a deal worth $7.7 million to get its hands on a patent for geofilters — the localized filters whose sale to advertisers provides the company with a chunk of its revenue. TechCrunch reports that Snap obtained the patent (titled: Methods and systems of providing visual content editing…

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