Internet giant Yahoo shuffling on Facebook to pay claims on dozens of its patents it uses
Tags: Facebook, Yahoo
According to the report, a hearing was held this week between the two parties, which demanded that Yahoo Facebook to pay her the use of patents or prepare for a lawsuit. "Yahoo has a responsibility to its shareholders, employees and other stakeholders seeking to defend the spiritual shopping. We must insist that Facebook use sign an agreement with us, or we'll go claim our rights," Yahoo spokesman. Facebook spokesperson said in response: "Yahoo contacted us at the same time it turned to New - York Times, so we have not had the opportunity yet to test its claims."
"Yahoo could not grow a long time due to poor products and new minimum, and now found a new area of activity: to be" patent troll, "he wrote sarcastically Nicholas Carlson at Business Insider. What Yahoo really has to its shareholders is focusing on - preferably on its media business. When the new Yahoo CEO Scott Thompson took office, he said a variety of income sources Yahoo and get her new business. Who knew he meant something so despicable. Yahoo has no legitimate claim on the invention of social networking. "
One of the concerns that come up on Facebook because of the feasibility of such a legal battle is that the matter would harm the company's planned IPO and will reduce its value. It is unclear how much money you can get an agreement from Facebook Yahoo use of patents, but conducted a similar legal battle with Google in 2004, it received 2.7 million shares of the company - even before issued.
