Yahoo suing Facebook

POSTED: Monday, March 12, 2012 - 10:00pm

UPDATED: Monday, March 12, 2012 - 10:04pm

Yahoo filed suit against Facebook for patent infringement.

In a lawsuit filed in federal court in California, Yahoo is accusing social media giant Facebook of copying a wide range of technologies.

The suit claims infringement of 10 of their patents covering advertising, privacy, messaging and social networking.

The lawsuit comes at a time following Facebook's announcement of plans of an initial public offering that could value the company close to 100 billion dollars.

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