Instagram paid Chinese cyberquatter $100,000 for, Facebook lawsuit reveals

by Kevin Murphy
Facebook has sued a Chinese cybersquatter for trying to renege on a five-year-old deal that saw it buy the domain for $100,000. The lawsuit, filed in California last week, claims that a family of known cybersquatters, based in Guangdong, is trying to have the purchase invalidated by a Chinese court.Read the full article