Yahoo, Facebook Continue Patent Settlement Talks
Yahoo and Facebook are trying to put an end to a legal saga in which the web portal sued the social network for patent infringement. Yahoo claimed in March that Facebook essentially stole its social network model, which includes creating profiles and interacting with other users and businesses. Both sides were in court again Tuesday, as Yahoo asked for a two-week extension to file replies in the lawsuit.
Yahoo and Facebook are trying to put an end to a legal saga in which the Web portal sued the social network for patent infringement. Yahoo claimed in March that Facebook essentially stole its social network model, which includes creating profiles and interacting with other users and businesses. Both sides were in court again Tuesday, as Yahoo asked for a two-week extension to file replies in the lawsuit.
Yahoo’s decision to sue Facebook has been called puzzling, and many industry experts have sided with the social network in this legal fight.
Yahoo attorney Kevin Smith explained the need for the extension in court filings, as quoted by Bloomberg News:
The parties are currently engaged in settlement negotiations to resolve this dispute.
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