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Yahoo Strikes While Facebook's Iron Is Hot
Posted by: Rachelle Dragani March 13, 2012 10:42 AM

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Yahoo filed a patent infringement lawsuit against Facebook on Monday, ensnaring the social network heavyweight in a legal entanglement weeks before it’s scheduled to go public. The suit regards 10 patents related to instant messaging, advertising systems, privacy settings and methods for customizing ads and content. The company is seeking damages and wants Facebook enjoined from operating the patents in question. The lawsuit comes amid uncertain times for Yahoo.

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