Yahoo and Facebook Confirm Deal To Cross-License Their Patent Portfolios, Sell Ads Together | TechCrunch

Facebook and Yahoo are calling off their heated patent lawsuit battle, and in fact have just agreed to cross-license their entire patent portfolios to each other without money changing hands, sources directly familiar with the deal tell me. Sources also confirmed that the two web giants are entering into an ad sales partnership that will let Yahoo show Like buttons in its ads

via techcrunch.com

Seems like a strategically odd move for Facebook to align itself with last decade’s biggest loser. I guess the patent trolls have won?

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