M·CAM, Inc. releases Patently Obvious® on Facebook, Inc. v Yahoo!, Inc.
CHARLOTTESVILLE, VA - April 5, 2012 - M·CAM, Inc. released its Patently Obvious® report today on Facebook, Inc. v Yahoo!, Inc.
The fight to retain investors is on. In response to Yahoo!’s recent patent infringement suit, Facebook has filed a counterclaim using ten patents of its own. Well, sort of their own. Of the patents asserted, only two were originally assigned to Facebook, which further illustrates our point that Facebook's patent activity is indicative of a company desperate for patent protection. However, Yahoo!’s litigation indicates desperation for revenue, having recently announced plans to layoff 14% of its employees. Could this fight have been avoided, sparing both litigation expenses and JOBS? Yes, because NEITHER company was the first to patent social networking.
M·CAM's Patently Obvious® is a weekly report providing visibility into potentially unconsidered alternatives, including art in the public domain, to patent holdings across a variety of technology areas.
M·CAM, Inc. is a global, full-service intellectual property and rights (IP&R) and intangible asset financial services firm. We provide the technical and financial systems that allow public and private markets to use IP&R and IA for regulated transactions in banking, securities, insurance, and public innovation investment and technology procurement. From our pioneering work in creating the world's first standards-based innovation collateralization financial products for banking and securities to our work in grassroots innovator enablement and patent quality assurance programs, M·CAM provides the mechanism to balance the interests of public and commercial sectors to support and build thriving economies.
The M·CAM Patently Obvious® report on Facebook v Yahoo! can be found HERE.