THESTAR.COM A legal slugfest between two Silicon Valley heavyweights started in earnest Monday when Yahoo! filed a patent infringement suit against social media giant Facebook. The suit, filed in San Jose, comes after months of acrimonious negotiations between the two online powerhouses. There was no dollar amount listed in the filing.
The suit claims that Facebook, which filed earlier this year for an IPO which could see the company valued at $100 billion (U.S.), built much of its success on technology or patents created and held by Yahoo!, including its news feed and advertising. “That growth … has been based in large part on Facebook’s use of Yahoo!’s patented technology,” the suit said. “Facebook’s entire social network model, which allows users to create profiles for and connect with, among other things, persons and businesses, is based on Yahoo!’s patented social networking technology.”
It marks the first major legal battle among technology giants in social media and a major escalation of patent litigation that has already swept up the smartphone and tablet sectors and high-tech stalwarts such as Apple Inc, Microsoft Corp and Motorola Mobility Holdings Inc.
The suit claims that Facebook, which filed earlier this year for an IPO which could see the company valued at $100 billion (U.S.), built much of its success on technology or patents created and held by Yahoo!, including its news feed and advertising. “That growth … has been based in large part on Facebook’s use of Yahoo!’s patented technology,” the suit said. “Facebook’s entire social network model, which allows users to create profiles for and connect with, among other things, persons and businesses, is based on Yahoo!’s patented social networking technology.”
It marks the first major legal battle among technology giants in social media and a major escalation of patent litigation that has already swept up the smartphone and tablet sectors and high-tech stalwarts such as Apple Inc, Microsoft Corp and Motorola Mobility Holdings Inc.
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