In an amended SEC filing ahead of its IPO, Reddit warned potential investors that "...on March 18, 2024, Nokia Technologies sent us a letter indicating they believed that Reddit infringes certain of their patents. We will evaluate their claims." Nokia, of course, leaned into, ahem, patent licensing and networking equipment as its business many years ago, and reminded people of it with last year’s logo redesign. Companies paying Nokia licensing fees include HTC, Apple, and more recently, Oppo.
What are the patents?
Thank you for asking that question. That was the primary reason I was going to read the article. Since it doesn’t explain that, I won’t bother.
Presumably patents relating to the implementation of bad management strategies
Maybe it’s a patent about painfully slow product development. They’re both pretty great at that.
Maybe the real patents are the friends we made along the way?
Huge innovation by Stephen Elop.
It’s not mentioned in the filing, so we can only speculate.
That’s all we’ve got to go on.
Can’t seem to find that anywhere, but there’s a totally organic and not at all sus post on Reddit calling Nokia patent trolls.
Nokia has a patent on making things out of bricks, and the CEO of Reddit has a brick for a head. Case closed if you ask me.
Good question.