As we reported earlier that Yahoo planning to sue Facebook over the technology patent issue if in case it did not license those 10 and 20 patents related to advertising, personalized web pages, social networking and messaging to Yahoo. Today, we are getting the confirmation that Internet giant Yahoo has finally sued Facebook for infringing on some of its internet technology patents, reports AllThingsD.
Yahoo! has invested substantial resources in research and development through the years, which has resulted in numerous patented inventions of technology that other companies have licensed. These technologies are the foundation of our business that engages over 700 million monthly unique visitors and represent the spirit of innovation upon which Yahoo! is built. Unfortunately, the matter with Facebook remains unresolved and we are compelled to seek redress in federal court. We are confident that we will prevail.
On asking about the matter, Facebook has issued the following statement to TNW:
We’re disappointed that Yahoo’s effort to engage with us was limited to a few short phone calls and that we continue to learn of new developments about a long-time partner through the press. We will defend ourselves vigorously against these puzzling actions.