Find your next home with Luxist's "Estate of the Day"

Google to settle Yahoo patent dispute with IPO shares

Google has offered Yahoo 2.7 million shares of its upcoming IPO to settle a patent dispute over technology used to display ads, according to Reuters. The dispute stems from a lawsut filed in 2002 by Overture, a Yahoo subsidiary, for

infringing on a patent entitled "system and method for influencing a position on a search result list generated by a computer network search engine."

The dispute over this patent, Reuters said, threatened to disrupt Google's highly sucessful AdWords program. As a result of the settlment, Google will license the relevant patents held by Overture.

RESOURCES

RSS NEWSFEEDS

Powered by Blogsmith

Other Weblogs Inc. Network blogs you might be interested in: