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Yahoo preparing to sue Facebook?

Written by James Delahunty (Google+) @ 08 Mar 2012 12:50 User comments (3)

Yahoo preparing to sue Facebook? Talks reportedly break down between web giants.
BusinessInsider is citing a source familiar with negotiations between Yahoo and Facebook. Talks have been ongoing between the two after Yahoo approached Facebook over alleged patent infringement. Yahoo CEO Scott Thompson now favors taking legal action against Facebook over the matter, according to the source.

The patent dispute comes down to aspects of Facebooks advertising and social networking services, which Yahoo claims to own patents related to.

"Yahoo! has a responsibility to its shareholders, employees and other stakeholders to protect its intellectual property. We have invested substantial resources into these innovations. Recognizing that, other major web and technology companies have already licensed some of these technologies. We must insist that Facebook either enter into a licensing agreement or we will be compelled to move forward unilaterally to protect our rights."

BusinessInsider cites a second source, reporting that Yahoo will seek a percentage of Faceboook's revenue going forward.

Tags: Facebook Yahoo
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3 user comments

18.3.2012 13:01

after trying to talk to facebook for 2 years and they still didn't come up with a solution i hope yahoo does sue facebook and wins .... but then again i really dislike facebook so im a little biased

28.3.2012 13:32

They definitely need the win...

38.3.2012 18:23

they did get permission to post those ads on fb didn't they? yahoo needs to go after whoever gave fb permission in the first place.

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