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Now, Facebook to weed out pirated content with help of new acquisition

The internet giant has acquired US-based startup Source3, which builds tech to catch pirated content

IANS  |  San Francisco 

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In its battle against pirated content, has acquired a US-based startup to help it weed out pirated and other content that users share without permission.

The startup builds technology to detect intellectual property that has been shared by Internet users without permission.

According to a report in on Monday, was acquiring both the technology and some of the core team members of

"We're excited to work with the team and learn from the expertise they've built in intellectual property, trademarks and copyright. As always, we are focused on ensuring we serve our partners well," the report quoted a spokesperson as saying.

According to the report, the employees who join from would work out of the company's New York office.

The acquisition makes fully integrated with and does not make it a standalone startup. It has already taken down its website and Twitter account.

There have been no details on deal terms but according to media reports, has raised just $4 million in venture capital funding.

has been struggling to crack down on for a long time.

The company had in past announced "Rights Manager" technology to detect and remove video clips shared by people who do not have rights to the video.

But the new acquisition infers that Facebook's "Rights Manager" technology has not been much of a success.

Earlier this year, the social media giant added another option for rights holders: "Leave the content up, and make money off the views that these pirates are generating for you."

--IANS

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