{"id":12568,"date":"2012-03-11T23:03:40","date_gmt":"2012-03-11T23:03:40","guid":{"rendered":""},"modified":"2012-03-11T23:03:40","modified_gmt":"2012-03-11T23:03:40","slug":"Yahoo-files-suit-against-Facebook","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=12568","title":{"rendered":"Yahoo! files suit against Facebook"},"content":{"rendered":"

Yahoo! filed suit against Facebook in a California court on Monday accusing the social networking giant of infringing on 10 patents held by the Internet pioneer.<\/strong><\/p>\n

Yahoo!, in a 19-page lawsuit filed in US District Court for the Northern District of California, accused Facebook of infringing on patents<\/strong> in several areas including advertising, privacy and messaging.<\/p>\n

The Sunnyvale, California-based Yahoo! asked the court in San Jose to order Facebook to halt its alleged patent-infringing activities and to assess unspecified damages.<\/p>\n

Yahoo!’s lawsuit comes about five weeks after Facebook filed to go public on Wall Street with an estimated valuation of up to $100 billion.<\/p>\n

Patent suits are a frequent occurrence among smartphone and tablet computer makers and the world’s best known brands<\/strong> are ensnared in a complex web of legal claims but such suits are relatively rare among social media companies.<\/p>\n

Facebook, which was founded in 2004, a decade after Yahoo!, expressed disappointment with the Yahoo! move.<\/p>\n

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.”<\/p>\n

Yahoo! said Facebook’s popular “News Feed” feature, for example, is “directly linked to Facebook’s infringement” of Yahoo! patents and its advertising model is based on advertising patents held by Yahoo!<\/strong><\/p>\n

Once seen as the Internet’s leading light, Yahoo! has struggled in recent years to build a strongly profitable, growing business out of its huge Web presence and global audience.<\/p>\n

Source AP<\/strong>
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