Yahoo claims Facebook has infringed 10 of its patents including systems and methods for advertising on the web. Yahoo said in a court filing Monday that Facebook is infringing 10 of its patents covering advertising, privacy controls and social networking.
Facebook vowed to defend itself vigorously against what it called “puzzling actions” by Yahoo.
“We’re disappointed that Yahoo, a longtime business partner of Facebook and a company that has substantially benefited from its association with Facebook, has decided to resort to litigation,” Facebook said in a statement.
The lawsuit comes just weeks before Facebook is due to cash in with its IPO offering, which is expected to value the social network at as much as $100 billion.
As per Yahoo’s suit- “Yahoo’s patents relate to cutting edge innovations in online products, including in messaging, news feed generation, social commenting, advertising display, preventing click fraud and privacy controls,“.
Yahoo filed the lawsuit Monday in federal court in San Jose, California. Yahoo is asking for unspecified damages and a jury trial. As with many patent suits, this one will likely be resolved in a settlement or licensing deal.