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Facebook Settles Patent Suit with Yahoo (FB, YHOO)

Social networking giant Facebook Inc. (NASDAQ: FB) settled a patent infringement suit with Yahoo! Inc. (NASDAQ: YHOO). The two companies also said that they have entered into definitive agreements to launch a new advertising partnership, and extend and expand distribution agreements.

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July 7th, 2012 | Tags: , | Category: Social Media Stocks | Leave a comment
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