Yahoo! sues Facebook over 10 patents
As expected, Yahoo today filed a patent infringement lawsuit against Facebook. The online giant is claiming that the social networking site infringes upon 10 of it's patents. Yahoo is hoping to secure some portion of Facebook's revenue moving forward.
“Yahoo! Has invested substantial resources in research and development through the years, which has resulted in numerous patented inventions of technology that other companies have licensed” says a Yahoo spokesperson.
Last month, Yahoo! threatened Facebook with a patent war, with Yahoo CEO Scott Thompson rumored to be the one to blame. In addition to massive layoffs that he's planning for the company, it now seems that talks with Facebook have fallen apart. Last week, Facebook updated its IPO filing, and briefly mention its potential legal battle.
