Facebook acquired the patents for status updates and check-ins in 2013 from Jhanji who says the social networking platform "got a very good deal," although the exact sum is not known. Photo: Facebook

Man who created the mobile status update and sold it to Facebook is looking to new innovations

Neeraj Jhanji created an early mobile social network in 1999 when Mark Zuckerberg was still in high school

Topic |   CNBC

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Facebook acquired the patents for status updates and check-ins in 2013 from Jhanji who says the social networking platform "got a very good deal," although the exact sum is not known. Photo: Facebook
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