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If the once-proud Yahoo! brand eventually
drifts into Web obscurity, as many
have predicted it will, the company
plans to go down swinging. Or suing, at
the very least. The deflated tech powerhouse
recently filed a lawsuit against
social-media giant Facebook, demanding
licensing fees for the use of 10
patented technologies that Yahoo
claims have already been licensed to
other companies. The lawsuit has initiated
the first major patent battle involving
a social media company, while also
earning Yahoo a fair amount of ridicule
from the Web community. Yahoo’s
claims were conspicuously levied
shortly after Facebook’s multi billiondollar
IPO, evoking memories of a similar
suit the company filed against
Google in the days leading up to its own
historic IPO.
Read more 'Net Briefs from the May 2012 issue of Website Magazine: New and Improved iPad - Mobile App Watch - Twitter Ads on the Go - Startups to Watch - Lost in Translation - Bing's Organic Phase - Acquisitions and Milestones - It's About Time(line) - OpenStack Opens Up - Mind Games - Girl Power - The Hacker Way