Legal News

Yahoo Sues Facebook over Patent Rights
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

The latest twist in the war between internet giants comes with Yahoo suing Facebook in a California Federal court, San Jose, on Monday. At issue are over 10 patents including systems and methods of online advertising. While the technology leaders like Microsoft, Apple Inc, Motorola, and Google are already at each other throats, the addition of Yahoo vs Facebook on the roster means only one thing for consumers – increased costs.

The lawsuit by Yahoo comes in the wake of Facebook’s recent announcement of an IPO that could raise the value of the company to a staggering $100 billion. That hardly makes other competitors happy.

Facebook spokesman Jonathan Thaw stated that Facebook had come to learn of the suit only through media reporting. He said, “We’re disappointed that Yahoo, a longtime business partner of Facebook and a company that has substantially benefited from its association with Facebook, has decided to resort to litigation.”

  
What
Where


In response, Yahoo issued an email statement claiming, “Unfortunately, the matter with Facebook remains unresolved and we are compelled to seek redress in federal court.” Last month, Yahoo had reported that it had asked Facebook to pay license fees over Yahoo patents and that other companies have already in the process of making such licensing deals. Apparently, the negotiations did not work out.

One of the first internet giants, Yahoo has recently suffered business decline by competition from Google and Facebook.

Experts said that Yahoo had set perfect timing for its lawsuits because Facebook can scarcely get into a legal fight now.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!




Colleen Chien, a professor at Santa Clara Law in Silicon Valley told Reuters that “As a general proposition, when a company is about to go public, the last thing it needs is to get involved in a knock-down, drag out litigation fight … So that might make Facebook more willing to resolve its differences with Yahoo.”

The Yahoo lawyers have shown such perfect timings to strike at business opponents even in previous instances. Nine days before Google went public in 2004, it was compelled to strike a deal with Yahoo for a license to Yahoo patents. Later Google absorbed a $201 million non-cash charge from the transaction.



The same law firm, Quinn Emanuel Urquahart & Sullivan which includes Google and Zynga inc. within its clients has been retained by Yahoo.

It’s clear that technology giants haven’t been too clear about their policies, access, and use of end user data, nor have they respected conventions and expectations. The number of lawsuits that have recently sprung up over data exploits, third party data storage, and distribution of end-user data harvested through different platforms like smartphones, tablets, and internet accounts has also propelled the government to think of legislation for ensuring privacy of end users. With companies having such dubious mores and principles being in control of the information technology scenario it is hardly surprising that they are going for each other’s throats. 2012 seems destined to be a milestone in the wars between technology oligarchs.



 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigator with 5-10 years of general insurance defense experience

USA-FL-West Palm Beach

Boutique litigation firm is looking for an experienced litigator with 5-10 years of general insuranc...

Apply Now

Transactional Real Estate Attorney with 4-10 years of experience

USA-CA-San Diego

San Diego office is seeking a transactional real estate attorney with 4-10 years of experience.

Apply Now

Real Estate/Business Transaction Attorney with 8+ years of experience

USA-WA-Seattle

Seattle office is seeking a real estate & business transaction attorney with 8+ years of experience....

Apply Now

Senior Attorney with municipal law and/or tax appeal experience

USA-NJ-Boonton

Boonton office of our client seeks senior attorney with municipal law and/or tax appeal experience. ...

Apply Now

RELEVANT JOBS

CIVIL LITIGATION ATTORNEY - Employment

USA-CA-Fresno

Lang, Richert & Patch a Fresno area AV-rated law firm located in the highly desirable Fig Garden Fin...

Apply now

LITIGATION ATTORNEY

USA-CA-Emeryville

Boutique East Bay litigation defense firm is seeking a junior to mid-level attorney. Candidates for ...

Apply now

Apprentice Attorney

USA-CA-Silverado

This is not your typical listing for an associate attorney job.  If you are looking for a desk ...

Apply now

Managing Director, Litigation Finance Investments

USA-FL-Tampa

Title                ...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top