Facebook and Yahoo Settle Patent Dispute

The two companies have agreed to license each others' patents and to work together on advertising and content distribution projects.

TechWorld: Facebook and Yahoo have settled their patent dispute out of court. As part of the settlement, the two Internet heavyweights agreed to licensing terms, created a new advertising partnership and expanded an existing content distribution agreements.

IDC analyst Karsten Weide described the settlement agreement this way: "Primarily, I think this is Yahoo saying, 'Oops, sorry we bothered you with the patent stuff.' We're going to go home now."




Tags: Facebook, Yahoo, patent, settlement


0 Comments (click to add your comment)
Comment and Contribute

 


(Maximum characters: 1200). You have characters left.