We were surprised too, as the first news we heard of this gloomy Tuesday morning was that Yahoo! has pushed through with plans of suing the social network over 10 patents that include web advertising systems. You know what they say; more money, more problems, and with Facebook bound to increase in value (it's already at $100 billion) after going public, everyone seems to want a piece of the pie. No one was slapping around lawsuits when it was just a tiny little startup in a Harvard dorm room.
Facebook spokesman Jonathan Thaw had this to say upon hearing of the suit, "We're disappointed that Yahoo!, a longtime business partner of Facebook and a company that has substantially benefited from its association with Facebook, has decided to resort to litigation."
We previously reported that traffic to the purple giant has increased 700% ever since the launch of the Yahoo! Social Bar and its integration with Facebook.
Yahoo!, on the other hand, released this statement, "Unfortunately, the matter with Facebook remains unresolved and we are compelled to seek redress in federal court." Yikes. In the lawsuit though, they say that the big blue social network was "one of the worst performing sites for advertising" before adapting Yahoo!'s system.
By the way, Yahoo! is apparently using the same law firm used by Google and others in their smartphone patent cases. Can we say ch-ching for the firm?
We don't know why Yahoo! all of a sudden decided to unfriend Facebook, but we do know it's going to be costly. Let's end this on a lighter note, scroll below to see the 10 reasons why you should unfriend someone on Facebook. Don't worry, patent infringement isn't one of them.