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Yahoo (YHOO -0.5%) and Facebook (FB -0.5%) have reportedly settled their patent feud. Sources...
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Friday, July 6, 2012, 12:28 PM ETYahoo (YHOO -0.5%) and Facebook (FB -0.5%) have reportedly settled their patent feud. Sources claim the settlement features a cross-licensing deal, will result in no cash payments, and will include an expansion of the companies' existing ad/content partnership. A joint ad sales effort will be launched, and Yahoo will be the first partner to include info about Facebook users' "Likes" in its display ads. Such a deal could help Ross Levinsohn's bid to become permanent CEO. (previous)
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