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Yahoo sues Facebook for patent infringement

cnn
13 March 2012 | Technology
Facebook's upcoming share sale could value the company to be worth as much as $100bn (£64bn)
Facebook's upcoming share sale could value the company to be worth as much as $100bn (£64bn)

Yahoo filed a lawsuit against Facebook Monday, alleging that the social media giant infringed on 10 of its patents related to advertising, privacy, customization, messaging and social networking.

The launch of the full-on patent battle follows last month's media reports of Yahoo's attempt to force Facebook to pay licensing fees for 10-20 patents.

"Yahoo has invested substantial resources in research and development through the years, which has resulted in numerous patented innovations of technology that other companies have licensed," said Yahoo in an e-mailed statement Monday. "Unfortunately, the matter with Facebook remains unresolved and we are compelled to seek redress in federal court. We are confident that we will prevail."

According to the lawsuit, which was filed in federal court in San Jose, Calif., Yahoo is hoping that Facebook will be ordered to pay "all damages caused to Yahoo by reason of Facebook's infringement."

Facebook, which said it learned of Yahoo's lawsuit at the same time as the media, said it will defend itself "vigorously against these puzzling actions."

"We're disappointed [in] 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," a Facebook spokesperson added.

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