Friday, July 6, 2012

Yahoo, Facebook settle patent dispute, ad alliance

Essential News from The Associated Press

AAA??Jul. 6, 2012?4:15 PM ET
Yahoo, Facebook settle patent dispute, ad alliance
AP

FILE - In this May 20, 2012 file photo, a Yahoo sign stands outside the company's offices in Santa Clara, Calif. A report in the tech blog AllThingsD says Facebook and Yahoo have reached a deal that settles their patent squabbles and expands their licensing and advertising partnership, according to reports, Friday, July 6, 2012. (AP Photo/Paul Sakuma, File)

FILE - In this May 20, 2012 file photo, a Yahoo sign stands outside the company's offices in Santa Clara, Calif. A report in the tech blog AllThingsD says Facebook and Yahoo have reached a deal that settles their patent squabbles and expands their licensing and advertising partnership, according to reports, Friday, July 6, 2012. (AP Photo/Paul Sakuma, File)

FILE - In this Nov. 6, 2007 file photo, the Facebook logo is displayed at a Facebook announcement in New York. A report in the tech blog AllThingsD says Facebook and Yahoo have reached a deal that settles their patent squabbles and expands their licensing and advertising partnership, according to reports, Friday, July 6, 2012. (AP Photo/Craig Ruttle, File)

(AP) ? Facebook and Yahoo have agreed to settle a patent dispute. That averts a potentially bitter battle over the technology running two of the Internet's most popular destinations.

The companies are also agreeing to an advertising alliance

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/495d344a0d10421e9baa8ee77029cfbd/Article_2012-07-06-Yahoo-Facebook-Patents/id-ac47ad0440d04f0cbd496bb2a5c2fccf

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