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Facebook buys 750 IBM software patents


Friday, March 30, 2012 Facebook buys hundreds of software and networking patents from IBM surfaced less than two weeks after Yahoo fired suit against Facebook for infringing on 10 of its patents. Yahoo!, in a lawsuit filed in US District Court for the Northern District of California on March 12, accused Facebook of infringing on patents in several areas including advertising, privacy and messaging. Yahoo asked the court to order Facebook to halt its alleged patent-infringing activities and to assess unspecified damages. Facebook, which was founded in 2004, a decade after Yahoo!, expressed disappointment with the move. "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," a Facebook spokeswoman said. In the suit, Yahoo! said that Facebook's growth to more than 850 million users "has been based in large part on Facebook's use of Yahoo!'s patented technology." "For much of the technology upon which Facebook is based, Yahoo! got there first and was therefore granted patents by the United States Patent Office to protect those innovations," Yahoo! said. "Yahoo!'s patents relate to cutting edge innovations in online products, including in messaging, news feed generation, social commenting, advertising display, preventing click fraud and privacy controls." Once seen as the Internet's leading light, Yahoo! has struggled in recent years to

By: DocMemory
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