Yahoo on Monday launched a lawsuit against Facebook, claiming the social
network infringed 10 patents relating to online social networking and
advertising. The move garnered a significant amount of criticism. Its
timing comes just before Facebook is slotted to make its initial public
offering, and the nature of the suit has even raised concerns that Yahoo
is acting like a patent troll. Yahoo’s stock performance recently may reflect investor uncertainty regarding its decision to sue. Its value climbed slightly Tuesday, though the market in general enjoyed a heavy upswing that day.
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Is Yahoo Trolling?
Posted by: Rachelle Dragani March 14, 2012 11:24 AMYahoo on Monday launched a lawsuit against Facebook, claiming the social
network infringed 10 patents relating to online social networking and
advertising. The move garnered a significant amount of criticism. Its
timing comes just before Facebook is slotted to make its initial public
offering, and the nature of the suit has even raised concerns that Yahoo
is acting like a patent troll. Yahoo’s stock performance recently may reflect investor uncertainty regarding its decision to sue. Its value climbed slightly Tuesday, though the market in general enjoyed a heavy upswing that day.