Yahoo Demands Facebook License Its Intellectual Property

Lock
This article is for subscribers only.

Yahoo! Inc. asked Facebook Inc. to license technologies covered by its intellectual property and threatened to take legal action if the companies don’t reach an agreement.

“We must insist that Facebook either enter into a licensing agreement or we will be compelled to move forward unilaterally to protect our rights,” Sunnyvale, California-based Yahoo said yesterday in an e-mailed statement.