Phoenix financial news, according to people familiar with the yahoo (YHOO transaction code) is intellectual property dispute and social networking site Facebook (transaction code FB) negotiations. Previously, the company has been to the federal court in SAN jose, California sued Facebook website.
This did not wish to be named, the sources said, to submit the related in court case materials, yahoo has already experienced the board of directors and the management of the change, but at present, the company hope that through dialogue and negotiations to improve and the relationship between the Facebook.
Under former chief executive Scott Thompson during the term, yahoo company was in the March 12,, to the federal court in SAN jose, filed the lawsuit accused Facebook did violate his including Internet privacy strategy, advertising, and information sharing and other aspects, the patent right. Yahoo in its lawsuit to stop using relevant patent Facebook requirements, and to give three times compensation.
Facebook is in April to file a counterclaim, says yahoo infringed the company ten of the relevant patent rights. But then, Scott Thomson because degree fraud door events and leaving.
By yahoo intellectual property litigation revelation, Facebook company has increased rapidly in intellectual property rights. The cost $550 million for the Microsoft from AOL purchased part of the patent (AOL Inc.), also to IBM purchased some relevant patent.
In Facebook on May 27, issued a document says, if these lawsuits against the company in the last sentence at an end, and so will the company's core business, financial performance of produce "a substantial impact"
Other News:
Top changes with yahoo and Facebook
How to import bearings of NTN running inspection
U.S. stocks lifted by ISM services index
Nine kinds of common bearing fault reasons
Lubrication NTN bearing repair methods
SKF bearing vibration type and the difference between ordinary
Rolling bearings cleaning method is very important
'Psycho' killer suspect to appear in German court
