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Yahoo, Facebook In Settlement Talks Over Patent Infringement Lawsuit (page 2)

Yahoo and Facebook are in settlement discussions over a high-profile patent-infringement lawsuit filed by Yahoo in March against the social networking site, according to court documents. ?The parties are currently engaged in settlement negotiations to resolve this dispute. The parties believe that a further extension will facilitate settlement,? said Yahoo attorney Kevin Smith in an amendment filed Tuesday in U.S. District Court for the Northern District of California. ?Yahoo and Facebook are in agreement that additional time is warranted for the parties to prepare their submissions, will not adversely affect the case schedule, and will facilitate a settlement.? Sunnyvale, Calif.-based Yahoo sued Facebook earlier this year, claiming the social network had infringed ten of its patents related to online ads and social networking inventions. In its lawsuit, Yahoo said Facebook was considered "one of the worst performing sites for advertising" prior to adapting Yahoo's ideas. The controversial suit was unusu

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