29 Feb '12, 7am

Yahoo Threatens Facebook With Lawsuit Over Advertising Patents

Yahoo has warned Facebook that it will face legal action if the social network doesn't sign licensing deals for patents Yahoo believes Facebook is using for its advertising systems, according to reports. "Yahoo has a responsibility to its shareholders, employees and other stakeholders to protect its intellectual property," Yahoo said in a statement according to various sources, including The New York 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 said it was not yet able to issue a full response to the claims as it was only just made aware of them. "Yahoo contacted us at the same time they called The New York Times and so we haven't had the opportunity to fully evaluate their claims," it said. The stance taken by Yahoo could open up yet another swathe of lit...

Full article: http://searchenginewatch.com/article/2155898/Yahoo-Threat...

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