Friday, July 6, 2012

Yahoo!, Facebook resolve patent dispute

 

SAN FRANCISCO: Facebook and Yahoo! announced Friday they were launching an advertising partnership as the two tech giants settled a longstanding dispute over patents.

The deal includes "a patent portfolio cross-license" and will allow the two firms to "work together to bring consumers and advertisers premium media experiences promoted and distributed across both Yahoo! and Facebook," a statement by the companies said.

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