Wednesday, December 13, 2017
 
 
News: Page (1) of 1 - 02/28/12 Email this story to a friend. email article Print this page (Article printing at MyDmn.com).print page facebook
Yahoo seeking patent windfall from Facebook
Yahoo threatens to sue IPO-bound Facebook if Internet patent licensing agreement isn't reached
By The Associated Press

SAN FRANCISCO (AP) ' Yahoo is threatening to sue Facebook unless the Internet social network agrees to license some of its patents covering a variety of online services.

The demand, issued in a late Monday statement, presents Facebook Inc. with a nettlesome headache as it tries to complete an initial public offering of stock.

The upcoming IPO helps explains why Yahoo decided to assert its patent rights now. Facebook may be more likely to work out a licensing agreement rather the risk having the specter of a legal battle dampen investor enthusiasm for its highly anticipated IPO.



Yahoo made more than $1 billion from a patent settlement that it reached with Google Inc. just before that Internet company went public in 2004.

Facebook says it's still evaluating Yahoo's patent claims.


Page: 1


 
 
 
 
 
 
 
 
 
 
 





Our Privacy Policy --- About The U.S. Daily News - Contact Us - Advertise With Us - Privacy Guidelines