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Google and Yahoo Settle Overture Lawsuit

Posted by simoniker on from the happy-again dept.

An anonymous reader writes "Google and Yahoo have apparently settled their ongoing lawsuit involving patented on-line ad technology owned by Yahoo subsidiary Overture. (U.S. Patent 6,269,361). According to reports, Google will issue 2.7 million common shares to Yahoo in return for a license. Read more about the infringement suit here. This move is expected to lower any potential downsides to Google's upcoming IPO."

1 of 106 comments (clear)

  1. LOL by nlawalker · · Score: 5, Funny

    Google Exec 1: "Yahoo is suing us for the way we display ads."
    Exec 2: "Yeah, but look, this IPO thing is great! Look, it's so easy. I can just create a couple million shares here and and do whatever I..."
    Exec 1: "Problem solved."