In March 2012 Yahoo filed a lawsuit against Facebook alleging infringement of 10 of its patents related to advertising, privacy, customization, messaging and social networking. Facebook counterclaimed alleging patent infringement by Yahoo.
All claims have been settled with no money transferring hands. The settlement agreement includes a new "advertising partnership" between the two mega companies. Yahoo's decision to bring suit against Facebook, was the unpopular brain trust of former CEO Scott Thompson. Thompson lasted only four months on the job and was replaced in May 2012, as a result of his embellished resume.
Long Island Lawyer
Paul A. Lauto, Esq.