Image Source: (Inside Facebook)

BY EVAN THOMAS
ANCHOR NATHAN BYRNE


It’s not just mobile phone and computer companies going after each other in the courtroom. Yahoo! wants Facebook to license as many as 20 of its patents on Internet technologies before the social network goes public, or it plans to sue.

According to The New York Times, Yahoo! holds more than a thousand patents. But it’s the handful on social networking, messaging and advertising that are said to be some of the most valuable among Internet companies.

Bloomberg reports Yahoo! blindsided Facebook with this ultimatum.

“This is not a new tactic for Yahoo!, but it represents an aggressive tack for the company under new CEO Scott Thompson. Facebook says it learned of the demands more or less at the same time reporters did, and hasn’t had a chance to evaluate these claims.”

TechEye points out — Facebook has the money to pay a nice fat licensing fee. Or damages.  

“Apparently it is traditional amongst dotcoms to see an uptick in patent claims asserted against them as they move through the IPO process. Normally these claims are from people who make a living from being patent trolls and not large tech companies such as Yahoo. But then again Yahoo has been running into a few problems lately.”

Problems or no, Business Insider says this is a new low for Yahoo!.

“When new Yahoo CEO Scott Thompson took over, he said he would diversify revenues and put Yahoo into new businesses. Who knew he meant something so sleazy. Yahoo has as much claim to the invention of social networking as we do, which is to say none.”

CNET isn’t impressed, either. It says Yahoo is biting the hand that feeds it a significant chunk of its traffic.

“The two companies announced a new feature last September that integrates Yahoo News with Facebook so people can easily see what articles their friends are reading. Since integrating with Facebook, Yahoo News has seen its daily traffic more than triple, according to a Facebook developers blog.”

But in a column for Forbes, Ironfire Capital founder Eric Jackson argues — if Yahoo! can make a buck off the latest big dotcom to IPO, go for it.

“Yahoo! botched the mother-of-all patent infringements when they gave Google a perpetual license to the GoTo.com patent in 2004 3 weeks before Google’s IPO. Yahoo! got a ridiculously small amount of cash... It’s not often in life you get second chances, but Facebook has given Yahoo! a chance to do it right.”

And that pre-IPO window is shrinking fast. The paperwork is still clearing the SEC, but Facebook is expected to go public around May.

 

 

Yahoo to Facebook: License our Patents, or We’ll Sue

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Feb 28, 2012

Yahoo to Facebook: License our Patents, or We’ll Sue

 

Image Source: (Inside Facebook)

BY EVAN THOMAS
ANCHOR NATHAN BYRNE


It’s not just mobile phone and computer companies going after each other in the courtroom. Yahoo! wants Facebook to license as many as 20 of its patents on Internet technologies before the social network goes public, or it plans to sue.

According to The New York Times, Yahoo! holds more than a thousand patents. But it’s the handful on social networking, messaging and advertising that are said to be some of the most valuable among Internet companies.

Bloomberg reports Yahoo! blindsided Facebook with this ultimatum.

“This is not a new tactic for Yahoo!, but it represents an aggressive tack for the company under new CEO Scott Thompson. Facebook says it learned of the demands more or less at the same time reporters did, and hasn’t had a chance to evaluate these claims.”

TechEye points out — Facebook has the money to pay a nice fat licensing fee. Or damages.  

“Apparently it is traditional amongst dotcoms to see an uptick in patent claims asserted against them as they move through the IPO process. Normally these claims are from people who make a living from being patent trolls and not large tech companies such as Yahoo. But then again Yahoo has been running into a few problems lately.”

Problems or no, Business Insider says this is a new low for Yahoo!.

“When new Yahoo CEO Scott Thompson took over, he said he would diversify revenues and put Yahoo into new businesses. Who knew he meant something so sleazy. Yahoo has as much claim to the invention of social networking as we do, which is to say none.”

CNET isn’t impressed, either. It says Yahoo is biting the hand that feeds it a significant chunk of its traffic.

“The two companies announced a new feature last September that integrates Yahoo News with Facebook so people can easily see what articles their friends are reading. Since integrating with Facebook, Yahoo News has seen its daily traffic more than triple, according to a Facebook developers blog.”

But in a column for Forbes, Ironfire Capital founder Eric Jackson argues — if Yahoo! can make a buck off the latest big dotcom to IPO, go for it.

“Yahoo! botched the mother-of-all patent infringements when they gave Google a perpetual license to the GoTo.com patent in 2004 3 weeks before Google’s IPO. Yahoo! got a ridiculously small amount of cash... It’s not often in life you get second chances, but Facebook has given Yahoo! a chance to do it right.”

And that pre-IPO window is shrinking fast. The paperwork is still clearing the SEC, but Facebook is expected to go public around May.

 

 

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