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| Facebook and Yahoo settle patent and form ad alliance |
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| Posted by Will Smith |
| Sunday, 08 July 2012 18:07 |
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Let's start over ... I'll scratch your back if you'll scratch my back :) "Yahoo and Facebook have settled their patent row and formed an advertising alliance. Yahoo had sued the social network in March claiming 10 of its intellectual properties had been infringed. Facebook subsequently bought 750 patents from IBM and counter-sued. It later bought hundreds more patents from Microsoft to strengthen its defence. The firms said they would now cross-license innovations from each other and collaborate on future projects." Source: BBC |
