Tuesday, April 3, 2012

Summary Box: Facebook files countersuit vs Yahoo




LEGAL RESPONSE: Facebook is responding to Yahoo's lawsuit against it by filing a lawsuit of its own.

THE DISPUTE: A few weeks ago, Yahoo claimed that Facebook violated 10 patents covering advertising, privacy controls and social networking. On Tuesday, Facebook accused Yahoo of violating 10 of its patents covering photo tagging, advertising, online recommendations and more.

THE BACKDROP: The spat is escalating as Facebook prepares for an initial public offering of stock in the coming weeks.



Source & Image : Yahoo

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