Yahoo, Facebook settle patent dispute

07.07.2012
The updated version of the story, "Yahoo, Facebook settle patent dispute," which was posted to the newswire Friday, used incorrect pronouns in the seventh and eighth paragraphs. Those paragraphs have been corrected on the wire and now read:

In large part, however, Yahoo was looking for a way to put the lawsuit behind it, said Karsten Weide, an analyst with IDC. "Primarily, I think this is Yahoo saying, 'Oops, sorry we bothered you with the patent stuff.' We're going to go home now," he said.

But in the process, Yahoo secured a piece of the social pie that Facebook dominates. "Yahoo can go to [advertising] customers and say, look, you wanted social and we've got social," he said.