SEARCH AND ADVERTISING FIRM Yahoo is demamding that Facebook pay it royalties for using its intellectual property.
The internet portal is demanding that the social network kick cash to it in return for using its patent protected technology, says a report at Reuters.
We probably should have expected it. Lawyers in technology firms probably sue themselves when they spill coffee on their shirts, but the question here, as always, is why.
Reportedly Yahoo is complaining about patents that cover things like Facebook's advertisements, its news feed, messaging service, and, *cough*, privacy controls. A source told Reuters that the firms have already met to discuss as many as 20 patents.
"Yahoo has a responsibility to its shareholders, employees and other stakeholders to protect its intellectual property," the company said in a statement.
Facebook said it had not had a chance to look at Yahoo's claims, explaining that the search firm had only contacted it once it had started talking to journalists. We have asked both firms for more information and comment. µ
Plus the cost of ambition as moonshots eat into the coffers
Spoiler alert: it's probably VeriSign
Did we say cuts off? We meant traps them inside their own home