Wednesday, April 4, 2012
Facebook to Put Yahoo in Its Place
Last month adds another notch to Yahoo's record of bad decisions, like, I dunno going after the Juggernaut Facebook on a patent issue, perhaps expecting the Social Media company to just settle in order to save money on the litigation process?
Well, it turns out Yahoo's gamble (and it is a gamble. Considering the situation) isn't working out too well, as Zuckerberg and his team decides to go on the offensive and file a lawsuit, in which Yahoo is accused of violating 10 of the social media giant's patents, with most of the patents touching a huge part of Yahoo's current business model.
The nitty gritty details can be found at CNET's report on the debacle.