Yahoo Sues Facebook Over Intellectual Property Rights

Yahoo claims that social networking has violated 10 patent rights, including the systems and methods for advertising on the site. Facebook has denied the accusations.


The lawsuit comes after Facebook plans to do a 'go public'.

Patent issues are common among smartphone makers, but for the first time this issue by the fuss about 'giants' internet.

In a statement from Yahoo says that this is a great case.

"Yahoo's patent relates to innovation in products online, including messaging services, generation of paid news, social commentary and display ads, prevent fraud and control of secrecy," as mentioned in the lawsuit.

"Models of social networks Facebook, which allows users to create profiles and connect with, among other things, a person or business, it is based on a social networking technology patents owned by Yahoo.

Social networks suggest that Yahoo is working hard to resolve the matter without involving the courts. Yahoo is described step is puzzling.

"We are disappointed with Yahoo, which has been a business partner of Facebook and a company that benefited from its association with Facebook, and decided to take legal action," he added.
History repeats

Dispute over the patent issue was won Yahoo to get some payment. Google mentioned it to resolve the case by issuing 2.7 million shares to his rival.
Dispute over the patent issue was won Yahoo to get some payment. Google mentioned it to resolve the case by issuing 2.7 million shares to his rival.

"It makes sense that Yahoo wants to try the tactics used successfully in the past," said technology analyst at BGC Partners' New York Colin Gillis told the BBC.

"But there is despair there - it seems that they will earn money easily from Facebook. It will not disturb the IPO."

Yahoo has recently changed the composition of its leaders, and appointed Scott Thompson as chief executive in January.

Yahoo founder Jerry Yang, resigned from the leadership ranks in January. Head of the company and three directors announced their resignations after that.

The Wall Street Journal reported that many Yahoo employees are expected to face dismissal following a decline in profits.

Thompson's decision to sue is likely to bring in fresh funds or other assets if the court in favor of it.

"It's interesting because the first time the patent at issue social media," said Andrea Matwyshyn, assistant professor of legal studies Wharton School, University of Pennsylvania.