Yahoo sues Facebook for infringing on the social networking patent !
This is possibly going to be the biggest battle since the Apple vs Samsung saga began, Yahoo has allegedly filed a lawsuit to sue social networking giant Facebook for infringing on several patents that are owned by Yahoo. These patents include a series of things Facebook is famous for, ten patents in all, which cover everything from advertising and privacy measures to messaging and social networking itself.
Yahoo claims that the company licenses its patents to several other companies but the matter of Facebook remains unresolved.
Yahoo! has invested substantial resources in research and development through the years, which has resulted in numerous patented inventions of technology that other companies have licensed. These technologies are the foundation of our business that engages over 700 million monthly unique visitors and represent the spirit of innovation upon which Yahoo! is built. Unfortunately, the matter with Facebook remains unresolved and we are compelled to seek redress in federal court. We are confident that we will prevail.”
– Yahoo Spokesperson
Facebook on the other hand claims that there has been no real discussion when it comes to the matter of Facebook infringing Yahoo Patents.
We’re disappointed that Yahoo, a longtime business partner of Facebook and a company that has substantially benefited from its association with Facebook, has decided to resort to litigation. Once again, we learned of Yahoo’s decision simultaneously with the media. We will defend ourselves vigorously against these puzzling actions.”