Yahoo! Claims Facebook Is Infringing On Copyrighted Technologies
March 1, 2012 at 5:26 AM (PT)
FACEBOOK might just hear the music from YAHOO! lawyers, reports THE NEW YORK TIMES, which writes "YAHOO is seeking to force FACEBOOK into licensing 10 to 20 patents over technologies that include advertising, the personalization of websites." That, or a potential lawsuit could prove to be a huge windfall for YAHOO!
"YAHOO has a responsibility to its shareholders, employees and other stakeholders to protect its intellectual property," a YAHOO spokesman said in an e-mailed statement to THE TIMES. "We must insist that FACEBOOK either enter into a licensing agreement or we will be compelled to move forward unilaterally to protect our rights."
FACEBOOK spokesman BARRY SCHNITT responded, telling the paper "YAHOO contacted us the same time they called THE NEW YORK TIMES and so we haven’t had the opportunity to fully evaluate their claims."