The world's No.1 social networking site Facebook Inc (NASDAQ:FB)
has been sued by a Chinese company for stealing the idea of its contentious
Timeline feature from it.
Cubic Networks, which also has a social networking
site, said that it had launched a similar feature way back in 2008. Facebook's
timeline was introduced in 2011. It is a feature that shows users' activities
on the site in a chronological format. It is supposed to make it easier for the
users to track their updates and see what they did at a particular point in
time, but has invited a lot of flak over privacy concerns.
Cubic's Chief Executive Xiong Wanli said in a recent
interview to a local Chinese newspaper, China Youth Daily ""As
everybody can see, our Timeline function was available on the Internet."
"I especially introduced it in my speech at
Stanford University, and Mark Zuckerberg was among the audience. Some American
law firms are approaching us to ask if we would like to sue Facebook. If so,
they would provide services."
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Xiong also told the newspaper that he has video
evidence to prove that Facebook fonder Zuckerberg was at the Stanford
University lecture listening to his comments on the timeline feature.
The Chinese company's boss claimed that he had been
evaluating legal options for a long time but it was only now that he had gone
ahead with the suit.
The company runs siteL99.com. Incidentally Facebook is
not allowed to operate in China due to stringent restrictions in the market
there.
Facebook has been facing a lot of issues with its
Timeline feature lately, chiefly arising from violation of privacy of its
users, where it takes user information and uses them without their knowledge or
permission.
Recently, the U.S. Federal Trade Commission ordered
the company to tighten its privacy rules.
Excellent, now even China hates Zuckerturd, Facebook needs a new CEO, it's best for the company.
ReplyDeleteZucky, Hand over to some experienced professional your child FB. You can concentrate on areas of your expertize.you can always come back when you are familiar with wallstreet.
DeleteThat's never gonna happen. Not with his 500 mil + Facebook shares :)
ReplyDeletewasn't it the chinese to invent life, universe and all the rest. oh no it was just dog eating, floor-spitting and ennoying other people with talking senseless shit.
ReplyDeleteI can't help but notice that it is the "American lawyers" urged the guy to sue FB.
Delete