Just two weeks after forking over more than $1 billion to AOL for hundreds of patents and patent applications, Microsoft resold 650 of them to Facebook on Monday. Each party in this latest transaction will retain licenses to the intellectual property the other will hold when the deal is completed. T...
Google has announced plans to issue a new class of stock to existing shareholders. Normally, a stock split is viewed positively by shareholders and the Street because it implies the company expects the stock to continue to grow. However, the way Google has structured this split has raised eyebrows a...
When he announced plans to lay off 2,000 employees, Yahoo CEO Scott Thompson said it was a necessary step in the company's strategic plan to move forward. Critics noted, however, that he had not explained exactly what that plan was. Now, via an internal memo made public, Thompson has obliged. Beginn...
Microsoft has agreed to buy more than 800 patents from AOL for over $1 billion. The deal gives AOL a cross-license to the patents it's selling to Microsoft, a source close to Microsoft confirmed. Further, Microsoft will get a non-exclusive license for the remaining 300+ patents and patent applicatio...
Facebook accused Yahoo of violating 10 of its patents Tuesday, a response to a similar suit Yahoo filed just under a month ago. The two Internet competitors are embroiled in a patent duel that started last month, when Yahoo sued Facebook for 10 counts of patent infringement. The litigation came at a...
Rumors that Yahoo was prepping for a huge round of layoffs have turned out to be true. On Wednesday, the company announced it would lay off 2,000 employees under a plan designed to prepare it for the future. Scott Thompson, the company's recently appointed CEO, said Yahoo's larger goal was to focus ...
Research In Motion has been accused of infringing six patents owned by Dutch semiconductor company NXP. NXP claims in a lawsuit filed in U.S. federal court in Florida that the BlackBerry maker has infringed on patents pertaining to data transmission, GPS receivers on mobile phones, and circuit desig...
Yahoo has been at work developing a header solution that will implement Do Not Track compliance across its global network by early this summer. The news follows the final report released by the Federal Trade Commission this week that, among other points, calls on companies to make privacy options si...
It appears that Yahoo and shareholder Third Point are digging in for a contentious proxy fight. The companies have been tussling over who will fill four seats on the board of directors, with the two sides clashing on several points, including whether Third Point CEO Daniel Loeb should get one of th...
Facebook has reportedly purchased 750 patents from IBM in an effort to build its portfolio for better defense against patent suits. The social network giant, which plans to kick off an IPO in a matter of weeks, is in an especially vulnerable position against intellectual property suits. Earlier in t...
One of Yahoo's major investors, hedge fund Third Point, is calling upon shareholders to elect four of its nominees to the company's board. This is just the latest round in what could become a very nasty fight. "There are a couple of things happening," said Charles King, principal analyst at Pund-IT...
Yahoo on Monday launched a lawsuit against Facebook, claiming the social network infringed 10 patents relating to online social networking and advertising. The move garnered a significant amount of criticism. Its timing comes just before Facebook is slotted to make its initial public offering, a...
Intel is rumored to be considering entering the pay-television service market. The chipmaker reportedly has reached out to media companies and cable channels as part of its research. The service would be based on a Web-connected set-top box that could offer both streaming TV and video-on-demand prog...
Yahoo filed a patent infringement lawsuit against Facebook on Monday, ensnaring the social network heavyweight in a legal entanglement weeks before it's scheduled to go public. The suit regards 10 patents related to instant messaging, advertising systems, privacy settings and methods for customizing...
There is no question that Google is the dominant player in the search engine arena, and a new survey released Friday by the Pew Internet & American Life Project found that 83 percent of U.S. search engine users rated Google as their preferred search engine, despite concerns about the company's d...
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