Tuesday, February 28, 2012

Yahoo and Facebook at War

(Reuters) - Yahoo has demanded licensing fees from Facebook for use of
its technology, the companies said on Monday, potentially engulfing
social media in the patent battles and lawsuits raging across much of
the tech sector.
Yahoo has asserted claims on patents that include the technical
mechanisms in the Facebook's ads, privacy controls, news feed and
messaging service, according to a source briefed on the matter.
Representatives from the two companies met on Monday and the talks
involved 10 to 20 of Yahoo's patents, said the source, who was not
aware of what specific dollar demands Yahoo may have made for
licenses.
Yahoo did not elaborate in an emailed statement on details of its
discussions with Facebook, but indicated it would not flinch attaking
the social networking giant to court over its patents.
Yahoo said other companies have already licensed some of the
technologies at issue, and that it would act unilaterally if Facebook
refused to pay for a patent license.
Imagine Facebook deleting anyone who uses a Yahoo account!!! D: Stop
fighting please. The grasses are getting scared!

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