Friday, July 6, 2012

The War is Over! Yahoo and Facebook Strike 'Patent Peace Deal


Holy Toledo!  Yahoo and Facebook have struck a "peace deal" over patent infringement lawsuits that includes expanding advertising and content partnerships, AllThingsD reports.

Yahoo's directors agreed to the deal in a phone conference this morning, according to the report.
As soon as former Yahoo CEO Scott Thompson was ousted, interim CEO Ross Levinsohn reportedly reached out to Facebook COO Sheryl Sandberg to settle the lawsuit....

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