Yahoo goes after Facebook with patent claims
Yahoo claims Facebook is infringing on 10 to 20 of its patents and threatens a lawsuit against the social network if it doesn’t agree to pay licensing fees, according to the New York Times.
The timing of the claim is reminiscent of when Yahoo took similar action against Google just before the search company’s initial public offering. This led Google to settle and award Yahoo with several million shares of pre-IPO stock. Facebook could be put in the same sort of bind.
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