The startup hired by Facebook is responsible for building technology that helps detecting private and intellectual information that has been shared on the internet without getting usual permission from the owner.
The battle against piracy and theft of private information has been going for decades. And with the involvement of Internet, the battle was looking like a lost cause until recently when Facebook decided to bolster their attack against piracy.
Facebook, in its fight against piracy, has brought in a startup into the fold – Source3 is a technology based startup which deals with building and improving the available technology that detects intellectual property floating on the Internet without permission of the owner. – Nirmal Singh Lotus Green
According to the reports that have come in, Facebook has acquired the technology of the startup and some of its core members.
‘Facebook has taken the fight against piracy to the culprits. People who upload videos and content on their pages and profiles in order to increase their reach on the social platform will have to constantly look over their shoulders. Facebook will have the right to block the profiles for an indefinite time if trademark, copyright or intellectual property rights violated in any form. In this, Source3, the startup that Facebook has acquired will help no end. Building on the expertise of the members of the startup and its technology will make things easier for everyone.’ – Nirmal Singh Lotus Green
Source3 is not an independent startup anymore. It is a part of Facebook and is fully integrated with the company. The startup has already taken down its website, online profiles and twitter accounts.
Facebook had its own technology that allowed the social platform to detect and remove personal property that was being uploaded without prior or necessary permissions, but that technology lacked the cutting edge that Source3 will provide.
Source3 raised more than $4 million in funding this year but will now work with Facebook.
To make things interesting, Facebook added an option for the people who think that their information has been put on the Internet without permission. The option allowed the information holders to let the content circulate on Facebook and make money off of it – from the pocket of the pirates.
‘A strong step and statement from Facebook – Piracy will not be cured completely, but it will make the information thieves think before trying to put something on their profiles. – Nirmal Singh Lotus Green
Nirmal Singh Lotus Green 