Feeds

Facebook! and! Yahoo! kiss! and! make! up! with! tasty! ad! juice!

Time to bury that patent lawsuit... bitch

Bridging the IT gap between rising business demands and ageing tools

Facebook and Yahoo! are friends again after their lawyers cobbled together a settlement in their shouting match over patents.

The two internet outfits had been at loggerheads for much of 2012 following a sueball slung at Facebook from Yahoo!

The Purple Palace had alleged that the dominant social network had infringed on 10 of its patents just as Facebook was preparing to take itself public on Wall Street. Instead of keeping a low profile ahead of its IPO, Facebook countersued Yahoo!, which has been in terminal decline for years.

As of Friday, peace fell upon Yahoo! and Facebook after the two companies agreed to spread some advertising love around.

According to Reuters, under the settlement - which extends an existing deal between the two parties - Facebook users will be able to share Yahoo! content, while there will also be cross-licensing of patents and teamwork on ad offerings during big events such as the forthcoming London 2012 Olympics.

Mark Zuckerberg's right-hand woman and Facebook COO Sheryl Sandberg said: "I'm pleased that we were able to resolve this in a positive manner and look forward to partnering closely with Ross [Levinsohn, interim Purple Palace helmsman] and the leadership at Yahoo!" ®

The Power of One Brief: Top reasons to choose HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Nadella: Apps must run on ALL WINDOWS – PCs, slabs and mobes
Phone egg, meet desktop chicken - your mother
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
There's NOTHING on TV in Europe – American video DOMINATES
Even France's mega subsidies don't stop US content onslaught
You! Pirate! Stop pirating, or we shall admonish you politely. Repeatedly, if necessary
And we shall go about telling people you smell. No, not really
prev story

Whitepapers

Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
How modern custom applications can spur business growth
Learn how to create, deploy and manage custom applications without consuming or expanding the need for scarce, expensive IT resources.
Reducing security risks from open source software
Follow a few strategies and your organization can gain the full benefits of open source and the cloud without compromising the security of your applications.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Consolidation: the foundation for IT and business transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.