Yahoo! is in negotiations with Facebook over use of some of the portal’s patents. These include instant messaging and news feed tech. If Yahoo! cannot get licensing fees, it may sue Facebook, which could hurt the value of its IPO
According to The New York Times,
The two companies spoke on Monday to discuss the issue, with Yahoo contending that Facebook is infringing on 10 to 20 patents, according to these people, who were not authorized to discuss the issue publicly. Yahoo is asking Facebook to pay licensing fees or risk facing a lawsuit.
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