And so, the Facebook v. Yahoo! courtroom tussle has come to an end. The two Silicon Valley giants have agreed to a legal truce and cross-licensed a bit of each other’s IP, meaning that’s one less legal donnybrook we have to worry about upsetting consumer sensibilities. Not only have the two settled their differences over their respective advertising and social networking patents, but they’ve also agreed to an ad sales partnership, too. Now, if only all those other, myriad tech litigants could amicably settle their differences with such alacrity. Perhaps they should all take a gander at the PR after the break to see how it’s done. Read the full story at Engadget.
Facebook and Yahoo! friends again, agree to patent cross-license
Author: Shelly Palmer
Shelly Palmer is Fox 5 New York's On-air Tech Expert (WNYW-TV) and the host of Fox Television's monthly show Shelly Palmer Digital Living. He also hosts United Stations Radio Network's, Shelly Palmer Digital Living Daily, a daily syndicated radio report that features insightful commentary and a unique insiders take on the biggest stories in technology, media, and entertainment. He is Managing Director of Advanced Media Ventures Group, LLC an industry-leading advisory and business development firm and a member of the Executive Committee of the National Academy of Television Arts & Sciences (the organization that bestows the coveted Emmy® Awards).