Yahoo has asserted claims on patents that include the technical mechanisms in the Facebook’s ads, privacy controls, news run and messaging service, according to a generator briefed on the matter.
Representatives from the two companies met on Monday and the talks needed 10 to 20 of Yahoo’s patents, enunciated the source, who was not cognizant of what specific dollar demands Yahoo may get made for licenses.
Yahoo did not elaborate in an emailed instruction on details of its discussions with Facebook, but indicated it would not flinch at taking the social networking giant to court over its patents.
Yahoo articulated other companies have already licensed some of the technologies at issue, and that it would bit unilaterally if Facebook declined to salary for a patent license.
“Yahoo has a responsibility to its shareholders, employees and other stakeholders to protect its intellectual property,” the society said.
The meeting between the two companies was foremost reported by the New York Times.
A Facebook spokesman said: “Yahoo contacted us at the same time they predicted the New York Times and so we haven’t received the opportunity to amply evaluate their claims.”
Should Yahoo wind up suing Facebook, it would tag the foremost major legal battle among technology giants in the social media sphere and a major escalation of patent litigation that has already sailed up the smartphone and tablet sectors and high-tech stalwarts such as Apple Inc, Microsoft Corp and Motorola Mobility.
Yahoo’s patent claims follow Facebook’s announcement of plans for an initial public offering that could value the company at most $100 billion.
Several social networking companies, including Facebook, get seen an uptick in patent claims asserted against them as they motility through the IPO process.
However, nearly of those lawsuits experience been filed by patent aggregators that purchase up intellectual property to squeeze value from it via licensing deals, and none by a big tech fellowship such as Yahoo.
