Yahoo, Facebook discuss ending patent infringement litigation

2012/06/04

Yahoo! and Facebook Inc. are in talks aimed at ending their contentious patent infringement litigation, All Things D has reported, citing unnamed sources. The key terms being discussed include a massive cross-licencing of patents between the internet giant and the social networking kingpin and an even deeper integration of Facebook into Yahoo and vice versa, which has been a key element of improved engagement of late on Yahoo, the sources said. A settlement could come within the next weeks, they said, adding that advanced negotiations will put aside the lawsuits and counterclaims between the one-time close partners and return them back to what could be an even closer relationship.

(Source: AMEinfo.com)